A trust fund in a will helps protect assets and ensures they go to the right people after someone passes away. Creating a trust within a will allows the person writing the will to set rules on how their assets get managed and distributed. This kind of trust takes...
Proud Neighbors In Cincinnati
Proud Neighbors In Cincinnati
Estate Planning & Elder Law
Should you choose one of your children as your executor?
Choosing an executor for your estate is a significant decision. In Ohio, many people consider appointing one of their children for this role. It may be helpful to consider some factors to help you decide if this is the right choice for your family. Assess their...
Strategies for minimizing estate taxes
Estate taxes can take a significant portion of your estate, reducing what you can pass on to your loved ones. However, there are strategies you can employ to minimize these taxes and ensure the preservation of your assets for future generations. Plan early Did you...
Consider these 3 items for your estate plan before you retire
Planning for the future is important, especially as you approach retirement age. One aspect of this late-life planning that often gets overlooked is writing a will. Having a complete estate plan helps ensure the distribution of your assets according to your wishes....
Incorporating end-of-life care concerns into your estate plan
Planning for end-of-life care is a critical aspect of estate planning. This is an opportunity to better ensure that your wishes are respected and to reduce the burden on your loved ones during a difficult time. In Ohio, integrating end-of-life care into your estate...
5 basic estate planning documents
Estate planning involves organizing your affairs to ensure a smooth transfer of assets to your heirs upon your demise. To navigate this process successfully, it is important to have the right documents in place. 1. Last will and testament A last will and testament is...
4 estate tips when your adult children are in different places
Estate planning can secure your family's financial future. However, it becomes even more complex when your adult children are in different places in life. Before delving into estate planning, take the time to understand the financial standing of each adult child, if...
How to talk to your parents about estate planning
Talking to your parents about estate planning can be a sensitive and challenging topic. It involves discussing what will happen after they pass away, which is not an easy conversation for anyone. However, it is important to have a discussion to ensure their loved ones...
Managing debts and easing financial worries for retirees
Retirement is a time to savor life's rewards and enjoy the fruits of your labor. But at the same time, it is also crucial to ensure that your loved ones will not carry the burden of your debts or liabilities after you are gone. Debt is a reality for many of us, and as...
Shield your family from unnecessary burdens with estate planning
Without your clear instructions, family disputes can arise over your estate, your medical treatment and the guardianship of your children in case of incapacity or death. Instead of allowing stress and drama to overwhelm your family, drafting a carefully thought-out...