The Estate & Asset Protection Law Firm Managing Partner, Shannon Pawley, Reviews Life Events That Require Updating Estate And Asset Protection Plans.
Estate & Asset Protection Attorney and Managing Partner, Shannon Pawley, turns her attention to events of past years that might require some people to update existing estate plans. She also encourages regular reviews and hopes to inspire those who don’t have a plan to establish one.
DECATUR, GA, January 17, 2021: Shannon Pawley, Managing Partner of The Estate & Asset Protection Law Firm, has posted a new blog on the law firm’s website entitled “When To Update Your Estate Plan,” in which Ms. Pawley provides a brief review of the events that would mandate and update in an estate plan.
“With all the events that happened in 2020,” Pawley writes, “thoughts of your estate plan may not have entered your mind.” She continues, “The good news is that if you have one, you are at least in a better position than most people whether you thought about it or not. However, now is a good time to bring it to the forefront of your mind and think about your estate plan as we move into 2021.” She emphasizes, “It’s time to consider events that might have occurred in your life in the past year or previous years that would affect your plan and that would require updating it.”
According to Pawley, “Among events that would necessitate updating your estate plan are births, deaths, marriages, divorces and moving to a new state. These are just the basics,” she says, adding, “You also might want to change your durable power of attorney or assign a healthcare power of attorney.”
Pawley states, “If you don’t review and revise your plan when you have had a life change – or a change of heart for some reason – your estate could end up in the hands of someone that it is no longer intended for. You don’t need a reason to review your estate plan. It’s a good idea to review regularly. You may be prompted to change things even though no major life events have occurred.”
The entire blog can be read at https://www.elderlawgeorgia.com/blog/when-to-update-your-estate-plan/
About The Estate & Asset Protection Law Firm
The Estate & Asset Protection Law Firm was established to serve the legal needs of retiring citizens. The Firm focuses its entire practice on providing strategies to protect independence, privacy, assets and taxes from the government. Victoria Collier and Shannon Pawley have grown their law practice by providing excellent customer satisfaction with personalized wealth protection plans.
About Victoria Collier
Victoria L. Collier, CELA founded The Estate & Asset Protection Law Firm to serve the legal needs of retiring individuals. In our firm, WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability. We also believe that privacy and protection are the keys to personal peace.
Victoria enlisted in the U.S. Air Force during Desert Storm, 1989-1995, and also served in the U.S. Army Reserves, 1Lt. 2001-2004, JAG Corps. Victoria is a national expert on the VA Wartime Pension for veterans and their widows who need additional assistance with activities of daily living and helping them qualify for and receive tax-free income from the VA to pay for it. Victoria graduated from Valdosta State University with a B.A. in Psychology and then University of Nebraska, College of Law. In 2014, Victoria was awarded with the Alumni Master Award from the University of Nebraska.
Victoria is a Certified Elder Law Attorney (CELA) through The National Elder Law Foundation and has been named as the only attorney in Georgia as “Fellow” of the National Academy of Elder Law Attorneys (NAELA). Victoria was appointed by Governor Perdue to the Georgia Council on Aging, 2010 – 2016 and was awarded Dekalb County Veteran of the Year, 2013. She is the author of 47 Secret Veterans Benefits for Seniors; Paying for Long Term Care – Financial Help for Wartime Veterans: The VA Aid & Attendance Benefit. Victoria has co-authored several books: Blooper Episodes in Estate Planning, Don’t Go Broke in a Nursing Home, and Protect Your IRA: Avoid the 5 Common Mistakes. Most notably, Victoria co-authored the National Best Seller, The Road to Success, with Jack Canfield, author of Chicken Soup for the Soul series.
About Shannon M. Pawley, J.D., LL.M
Shannon is the firm’s Managing Partner. Born and raised in the Tidewater area of Virginia to a tightknit family with strong military service roots, Shannon learned from an early age the value of hard work and the importance of social awareness to ensure you always leave a situation in a better place than how you entered it. In her junior year of high school, Shannon served as U.S. House of Representatives Page during the 101st United States Congressional Session in Washington, D.C. This experience exposed her to numerous new cultures and worldly issues. Walking away from her experience as a U.S. House of Representative Page, Shannon knew that she wanted to pursue legal studies and be able to assist others in obtaining the best results available in difficult situations.
Shannon earned her undergraduate degree at North Carolina Wesleyan College and pursued a law degree from Michigan State University College of Law. After obtaining her law degree and becoming a licensed attorney in Michigan, she continued her educational pursuit by acquiring a LL.M. (Master of Law) in Taxation from Wayne State University.
In her professional tenure, Shannon has represented the full spectrum of clients from international blue-chip companies to single parents. While she prospered as a litigator, Shannon began to realize her natural talent was as a mentor by developing others in their practice and procedures. That led her to focusing more on the operational aspect of the legal practice. Prior to joining The Estate & Asset Protection Law Firm, Shannon was the Vice President of Litigation Operations with a national law firm overseeing the litigation offices across the United States.
Through her partnership with Victoria Collier, Shannon has found a professional peer who shares her passion to assist others to age with dignity, grace, and independence. Together, they strive to improve the life of each client they interact with while preparing both the client and their family for the difficulties that come with aging. Shannon is licensed to practice law in both Georgia and Michigan. In addition, she is a VA Accredited Attorney.