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Estate planning allows us to plan for and protect our loved ones after we’re gone, but it also serves important roles while we’re still living. It’s more than preparing a will and attempting to divide assets in a fair manner. Here are four ways to make the most of your estate planning today. A healthcare proxy is an important tool from both a medical and legal perspective. It’s designed to ensure your wishes are met regarding your health,

Estate planning allows us to plan for and protect our loved ones after we’re gone, but it also serves important roles while we’re still living. It’s more than preparing a will and attempting to divide assets in a fair manner. Here are four ways to make the most of your estate planning today. A healthcare proxy is an important tool from both a medical and legal perspective. It’s designed to ensure your wishes are met regarding your health,

Estate Planning Decoded Infographic......  http://www.andersons.com.au/areas-of-practice/wills-and-estates.aspx

Estate Planning Decoded "Dying without one is basically ignorant. Would be better to burn your money now.

It is important to understand Ohio irrevocable trusts requirements if you are planning to use an irrevocable trust as part of your asset protection plan, incapacity plan, or estate plan. Irrevocable trusts have many important benefits, but there are also some limitations, such as very limited flexibility and loss of control over the assets within the trust.

You need to know irrevocable trust Ohio requirements if you are making an estate plan. Talk with an irrevocable trusts Ohio lawyer today to find out more.

Are you making these common estate planning mistakes?

Learn why you need ARAG legal insurance as an individual, employer, broker, producer, attorney or partner.

For other goals, however, an irrevocable living trust is the answer. Examples of when an irrevocable living trust works better include asset protection.

As you get older, or if you get sick, creating a will is not necessarily going to provide all of the protections that you need. The post 3 Reasons Why Creating a Will Isn t Enough (Audio) appeared first on SinclairProsser Law.

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According to the relevant law, a trust is created if:  -The settlor of the trust (which is the legal name for the trust creator) has capacity to create a trust.  -The settlor indicates his or her intent to create a trust.  -The trust named a definite beneficiary, unless it was a charitable trust; a trust for the care of an animal or a specific type of trust for a non-charitable purpose. A beneficiary is definite if you can determine who that pers

There are rules for who can create a trust under the Ohio trust code. An Ohio wills and trusts lawyer explains who can make a trust under Ohio trust code.

Seniors especially may need asset protection in case they need a nursing home or home care services, but anyone is at risk of illness or injury that could necessitate care. Having a plan in place in advance means your nest egg won’t be depleted and lost if this happens to you. #HomeCareCosts #Seniors #SeniorCare #MediCare #ElderLaw #NursingHomeCare #CincinnatiEstatePlanningLawyer

A estate planning lawyer helps with planning for nursing home costs or home care costs. Recent studies show these costs are increasing in the state of Ohio.

Although it is commonly believed elder law attorneys only help with things like estate planning and only help seniors, this is simply not the case. Elder law attorneys have this title because the issues they help with are often of greatest interest to seniors, but many of the issues that they help with should actually be of interest to everyone.

An elder law attorney helps you prepare for your future in ways that you might not necessarily expect. Find out more from an Ohio elder law attorney.

If you don’t have long-term care insurance and do not want to pay out of pocket, or cannot afford to pay out of pocket, there is one last option: Medicaid. Medicaid covers custodial care and is one of the primary payers of all nursing home bills throughout Ohio and the United States. If you can get Medicaid to cover your care, you will have nothing to worry about.

Insurance covers nursing home costs only when there is a need for skilled medical services. A Cincinnati Medicaid planning lawyer explains coverage options.

If you are considering the creation of a trust, you must know the rules and requirements under the Ohio trust code. There are rules for different types of trusts, for what property a trust can own, and for how trusts operate. The law also provides information on who can create a trust. #CreatingATrust #LegacyPlan #EstatePlan #OhioTrustCode #CincinnatiEstatePlanningLawyer #CincinnatiTrustAttorney

There are rules for who can create a trust under the Ohio trust code. An Ohio wills and trusts lawyer explains who can make a trust under Ohio trust code.

Trusts are powerful legal tools, but you need to know what type of trust makes sense and you need to make sure you follow the Ohio irrevocable trust rules so you get the expected benefits and protection from trust creation.

You need to know irrevocable trust Ohio requirements if you are making an estate plan. Talk with an irrevocable trusts Ohio lawyer today to find out more.

Nursing home costs are very high, with bills for nursing home care totaling thousands of dollars every single month. If you are forced to pay for the costs of care out of your own pocket, you will end up spending your entire life savings very quickly. You do not want to lose your entire nest egg and everything that you have worked for over the course of your life, just because you need to go into a nursing home.

Insurance covers nursing home costs only when there is a need for skilled medical services. A Cincinnati Medicaid planning lawyer explains coverage options.

Whereas trusts were once the province of the super-rich, they are now an effective and reliable estate planning tools for many middle income Americans as well.

Setting up a trust can be easier than you think. Contact the estate planning experts at Robert Kulas Attorneys at Law in Port St Lucie and Vero Beach FL.

Choosing a Trustee or other fiduciary is one of the most important decisions. Here is a list of various fiduciaries and why the selection is so important. The post Basics of Estate Planning: Advising Clients on Selecting Fiduciaries appeared first on Kulas Law Group.

This examines the basics of asset protection. It includes some specific strategies to reduce asset protection risk. The post Basics of Estate Planning: Asset Protection appeared first on DeBruyckere Law Offices, PC

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