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Akron, Ohio Estate Planning and Medicaid Law Firm

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Category: Estate Planning

Estate planning services refer to the process of managing and distributing one's assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

Akron, Ohio medicaid planning law firm

Why Your Will Is Just One Part of an Estate Plan

Those beneficiary forms you filled out years ago can supersede your other estate plans.
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Posted on: November 3, 2023
Living Trust

Estate Planning and Tax Planning for Business Owners

This article will explore key considerations and actionable insights for business owners to reduce their tax burden, protect their assets and facilitate a smooth wealth transition.
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Posted on: October 27, 2023
Stow Ohio probate law firm

What You Should Know about Inherited IRA

Navigating the often complex world of inherited individual retirement accounts (IRAs) can be daunting, especially in the wake of losing a loved one.
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Posted on: October 20, 2023
Estate planning lawyer in Hudson, Ohio

Trusts Make Sense for All Tax Brackets

There are many reasons, however, to incorporate asset protection trusts into even the simplest estate plan–especially in the context of passing assets to children and grandchildren.
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Posted on: October 13, 2023
probate attorney

What if Your Life Insurance Beneficiary Predeceases You?

If you have life insurance, you know you were required to pick a single or multiple beneficiaries when you purchased your policy. When you die, the beneficiaries receive the payout from the policy.
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Posted on: October 6, 2023
Estate-Planning-Law-Firm

Which Trust, Revocable or Irrevocable?

There are important differences between the two types of trusts, including the amount of control you'll have over your assets.
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Posted on: September 30, 2023
Akron, Ohio medicaid planning law firm

What are the Different Types of Trusts?

While a simple living revocable trust often meets the needs of many individuals, some require more specialized trusts to achieve their goals.
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Posted on: September 22, 2023
Medicaid and elder law planning in Medina, Ohio

Don’t Fall for These Medicaid and Estate Myths

Since estate issues, one way or another, affect everyone over time (since death does) and since Medicaid planning has for many years been a topic of popular conversation—and popular misconceptions in the U.S., it is not unusual that both subjects have generated misunderstandings and, in some cases, folklore that has persisted.
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Posted on: September 15, 2023
Medicaid and elder law planning in Medina, Ohio

Common Questions about Applying for Medicaid

Navigating the complexities of government healthcare programs can be a daunting task, especially when it comes to applying for Medicaid. Medicaid is a vital program that provides healthcare coverage for individuals and families with limited income and resources.
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Posted on: September 8, 2023
estate planning medicaid planning asset protection

Do You Need a Revocable Trust?

One of the most common misconceptions about a last will and testament is that having a will avoids the need for probate court.
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Posted on: September 1, 2023
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Estate Planning In The Cities Of Medina, Wadsworth, Hudson, Stowe and Copley

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Attorney John Hoffman is ready to help you with estate planning and medicaid planning. Let John Hoffman Law put our experience and diligent legal representation to work for you. Contact us today to learn how John Hoffman Law can help you.

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