Children Archives | Grady H. Williams, Jr. LL.M, Attorneys at Law

Category archives: Children

Protecting Adult Children
3 years ago
As many of us are preparing for the fall and family members going back to school, some people are experiencing the excitement of children or grandchildren starting college. Other adult children are perhaps entering the work force or traveling to enjoy a break from academic demands. Regardless of the... [read more]

Medicaid's Gift to Children Who Help Parents Postpone Nursing Home Care
5 years ago
In most states, transferring your house to your children (or someone else) may lead to a Medicaid penalty period, which would make you ineligible for Medicaid for a period of time. However, there are circumstances in which transferring a house will not result in a penalty period. One of those... [read more]

Invite Others to Contribute to the Trust
6 years ago
When parents ponder how to provide for their child with special needs, they sometimes forget one of the key advantages of a special needs trust that is created while the parents are still alive: the trust can be the recipient not just of the obvious assets that are available for the child. Members o... [read more]

How to Deal With Student Loan Debt as You Age
6 years ago
The number of older Americans with student loan debt – either theirs or someone else’s -- is growing. Sadly, learning how to deal with this debt is now a fact of life for many seniors heading into retirement. According to a study by the Consumer Financial Protection Bureau, the number of olde... [read more]

Estate Planning Considerations for Parents of Young Children
6 years ago
A question we're often asked is how parents can make sure that their minor children are provided for in the event that they cannot care for them due to incapacity or death. Our answer is that this is an incredibly important consideration and that, in addition to having their own Advance Directive... [read more]

How to Handle Sibling Disputes Over a Power of Attorney
6 years ago
A power of attorney is one of the most important estate planning documents, but when one sibling is named in a power of attorney, there is the potential for disputes with other siblings. No matter which side you are on, it is important to know your rights and limitations. A power of attorney ... [read more]

Say a Little Prayer: Aretha Franklin Had No Will, and a Child With Special Needs
6 years ago
According to court documents, legendary singer Aretha Franklin did not have a will when she died, despite reportedly having a son with special needs. The lack of a will opens up the intensely private singer’s estate to public scrutiny and unnecessary costs, and means that there are no specific provi... [read more]

Are State ABLE Programs Sustainable? Disability Advocates Raise Concerns
6 years ago
In the past two years, nearly every state in the country has passed legislation enabling people with disabilities and their families to open new savings accounts, modeled after popular 529 college savings plans, to save for disability related expenses. But early projections indicate that many of ... [read more]

Estate Planning for Adult Children
6 years ago
Did you know that Elder Law starts at age 18? Most legal rights attach to an individual when they turn 18 years old. If you are supporting an adult child or college student it may be difficult to assist them with academic, financial, or health care decisions without some essential documents. To e... [read more]

What is Estate Planning?
7 years ago
Estate Planning is a process through which you plan for your lifetime care decisions, in the event that you become mentally or physically incapacitated; and planning for the transfer of your assets to beneficiaries in the event of your death, while minimizing tax burdens for your beneficiaries and p... [read more]

Avoiding Tax Consequences Through Estate Planning
7 years ago
We're often asked by clients how they can avoid or limit tax consequences for their family and loved ones through Estate Planning. Our answer is that part of our comprehensive and customized approach to working with our clients is to find opportunities to minimize tax liabilities that can include li... [read more]

A Guidebook to Planning for Old Age
7 years ago
Joy Loverde. Who Will Take Care of Me When I’m Old? Plan Now to Safeguard Your Health and Happiness in Old Age. New York, NY: Da Capo Press, 2017. 313 pages. Click here to order book via IndieBound.org. Millions of Americans are facing old age essentially alone. One in three baby boomers is sing... [read more]