When you think of estate planning, the foremost issue that comes to mind is the division and distribution of the estate to surviving heirs and beneficiaries. You may create a living trust where you can transfer your property and assets, and then name your trust...
Proud Neighbors In Cincinnati
Proud Neighbors In Cincinnati
Estate Planning & Elder Law
Including digital assets in your estate plan
When you think of estate planning, what comes to your mind? Perhaps you were thinking of leaving behind a prized heirloom, giving away an ancestral home, or creating a trust fund to help your loved ones overcome financial hardship. All these things are true, but you...
Will creditors go after my loved ones for my debts when I die?
As much as possible, we want our debts to be minimal, if not nonexistent. However, certain circumstances in our lives force us to avail of loans, whether to pay for college tuition or cover medical expenses. Fortunately, it is a burden that your loved ones do not have...
Do I need a power of attorney?
Your estate plan may include some key details about what will happen to your assets after you pass away. For instance, after probate, your assets will very likely be distributed to family, friends and loved ones by your designated executor. If you have children, then...
2 ways advance Medicaid planning protects your assets
Ideally, you won't require Medicaid healthcare coverage as you age. You will have enough in savings to cover your basic cost-of-living expenses, and your health will remain strong enough that Medicare coverage will be sufficient. Many people will find Medicare...
Elderly parents and the elephant in the room
A great number of adults worry about the pitfalls their elderly parents face when they continue to live independently in their own homes. Penn State University researchers conducted a study and learned that 77% of adults with living parents perceive their refusal to...
3 red flags to watch out for when seeking nursing home care
When an elderly loved one needs nursing home care, it’s important to find a facility that offers the support that they need. Nursing home facilities should provide appropriate health care to all of their residents, including those with dementia, Alzheimer’s disease...
Don’t let hesitancy get in the way of estate planning
Considering what will happen in the event of your death or incapacitation can be a daunting prospect. Nonetheless, ensuring that your wishes are honored offers peace of mind to both you and your family. Given the importance of estate planning, it may come as a...
Estate planning in your 30s: What should you expect?
There are plenty of reasons why you should start the estate planning process in your 30s. If you’ve recently gotten married or you just had your first child, those are just two major events that should spur you into making an estate plan. When you start working on...
Can you ask the Ohio courts for a guardianship over your parent?
Maybe the doctor recently diagnosed your dad with Alzheimer's disease. Perhaps your mom is on the brink of eviction because she has repeatedly forgotten to pay her rent despite receiving her Social Security payments every month. It can be hard to accept the fact that...