At the new year, many people resolve to make changes. Attorney Paul Black recommends adding a few estate planning items to your new year’s resolution list.
ATLANTA, GA, March 25, 2020 /24-7PressRelease/ — People around the country are constantly making resolutions for things they think will improve their life. However, many are forgetting estate planning, an important decision that can help you as well as your loved ones when you are gone. There are various planning points to address in your 2020 estate plan, and The Law Office of Paul Black can help you with that.
Writing out a will, making plans for end-of-life medical care, and establishing trusts (if you are using them) are just some of the issues you should address. Don’t forget about your loved ones, and think about how you can care for them. If they relay on needs-based services, you might be able to provide for them with special needs trust.
It’s important to think about the tax implications as well. Review your entire estate plan with your advisers before the upcoming 2020 election, as elections often mean changes in the tax code are coming. It’s better to resolve this sooner rather than later.
It’s also a good idea to revise your documents, including a power of attorney. 2017’s tax act has changed many aspects of estate planning. If you haven’t had your will or an overall plan update since then or most recently for the Secure Act, call your estate planner and get to work.
“Many people think that estate planning is just for the rich and famous, but this is not true,” the spokesperson for The Law Office of Paul Black said. “Estate planning is for everyone. Hearing the word ‘estate’ may strike up images of royal mansions, but it’s really just a fancy word for assets. Our law practice is different. Paul Black is a highly-experienced attorney at law who can help you plan for the future and assure your family’s financial and legal well being. Estate planning is a life-long process that changes as laws and your needs change, and it is for everyone, regardless of the size of your estate.”
Paul Black is an estate planning lawyer whose practice focuses on the umbrella of estate law matters, including estate planning and estate administration, elder law, uncontested guardianships and conservatorships, and special needs planning. He has been named SuperLawyers “Rising Star” in the area of estate planning and a member of Georgia’s “Legal Elite” by Georgia Trend magazine.
While attending Georgia State University College of Law, Paul Black gained invaluable experience interning at the two senior-oriented divisions of Atlanta Legal Aid Society. After graduation and completing Borchard Foundation Law & Aging Fellowship in late 2011, Paul launched his own private practice.
The Law Office of Paul Black has offices in Decatur and Dunwoody. The Decatur office is located on the top floor of One West Court Square, Suite 750, Georgia 30030. The Dunwoody office is located at 2002 Summit Blvd, Suite 300 Atlanta, Georgia 30319. For clients outside of metro Atlanta, contact via phone at 404.410.6820 to schedule an appointment. Visit their website for additional information regarding their services.
Paul’s experience as the son of two parents with big health challenges is what led him to the work he does today. His mother wrestled with early-onset Parkinson’s Disease for 27 years before her death in July 2016. His father suffered a major stroke in May 2001 and lives in assisted living in Atlanta. Paul’s active involvement in his parents’ care gives him first-hand knowledge of the challenges that many caregivers and family members face.
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