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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.

estate planning medicaid planning asset protection

Pros and Cons of a Will vs. a Trust

Either a will or trust can be the foundation of your estate plan. If it’s a trust, it’s usually a revocable living trust.
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Posted on: July 28, 2023
estate planning medicaid planning asset protection

What are Benefits of Creating a Life Estate?

By understanding the features of a life estate and creating one at the right time, you can reap the following benefits….
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Posted on: July 21, 2023
estate planning lawyer akron, estate planning attorney near me, will, Wadsworth estate planning lawyer

What Are the Consequences of Dying Intestate?

If you die intestate, this means that you died without a valid will in place. Learn more about the consequences here.
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Posted on: July 14, 2023
Wadsworth Ohio estate planning attorney

Should You Put Your Child’s Name on the Deed to Your House?

If a child you’ve added to your deed goes through a divorce, has tax issues, is sued by someone, or must declare bankruptcy, your house could be on the chopping block!
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Posted on: July 7, 2023
Estate Planning Lawyer in Akron Ohio

What Should I Do Now for a Successful Business Succession?

If there’s one thing that’s certain, it’s life’s uncertainty. While we all hope for the best, as a business owner, it’s important to be prepared for anything. Having an answer to life’s curveballs can help you stay in business, ensure that your legacy lives on, and that your business partners and family are taken care of.
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Posted on: June 30, 2023

How Gifting and Joint Ownership Can Go Wrong

There is a popular misperception among many seniors that in order to protect their assets from creditors, including the cost of nursing home care, they should consider gifting their assets to their children.
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Posted on: June 23, 2023
Hudson Ohio estate planning attorney

Prepare Now for Coming Estate Tax Changes

One of the most significant changes Americans will soon see is the sunsetting of tax laws under the Tax Cuts and Jobs Act (TCJA) of 2017.
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Posted on: June 16, 2023
Living Trust

What Should I Know About a Living Trust?

A living trust is a legal document which places ownership and control of property into a trust, managed by a trustee for your benefit. Living trusts are often used as part of estate planning and can be helpful in case of incapacity.
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Posted on: June 9, 2023

Why Would I Put My Home in a Trust?

When you purchase and own a home, your name is on the title to the property, indicating ownership. However, you can transfer ownership of your residence to another person or entity in the form of a real estate trust.
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Posted on: June 2, 2023
Wadsworth, Ohio estate planning lawyer

Do Heirs Have to Pay Debts from an Estate?

First, debts in a person’s estate are payable from the decedent’s assets in the course of administering their probate estate or administering their living trust estate.
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Posted on: May 26, 2023
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Estate Planning In The Cities Of Medina, Wadsworth, Hudson, Stowe and Copley

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