Like many Americans, you have worked hard all your life to take care of your loved ones. So you want to make sure that after your death, the inheritance you leave will be distributed as you wish. If your lawyer sets up an estate plan for you, you can be sure that your wishes will be legally fulfilled.
is focused on creating comprehensive and fully personalized wealth plans for our clients. Specifically, we can help you create, customize, and create any of the following four basic estate planning documents:
Last Will and Will - This is one of the essential documents in your estate plan. This legal document contains detailed instructions on distributing your assets and names the person to whom you wish to administer your estate (the executor). If you die without executing your will, your property will be distributed according to state laws, which may not be what you want.
Continuing Power of Attorney: It is extremely important to have a valid continuing power of attorney. It allows you to appoint a trusted person legally empowered to make important legal and financial decisions for you should you ever be affected by a disability or incapacity for work.
Living Will Statement: In Ohio, a living will is used to provide direct instructions to your health care provider if you cannot communicate your needs and are constantly passed out or in the last phase. For example, it is widely used to define your instructions on using artificial life support systems.
Health Care Power of Attorney - This is another extremely important document that allows someone you trust to act as your representative to get your health information and make health care decisions for you. You can still allow your representative to get your medical information and contact your health care provider. Still, medical decisions can only be made for you if you cannot make those decisions yourself.
Building Confidence and Trust in Amherst
Inappropriate situations, preparing trusts for our clients is an excellent estate planning tool. For example, clients with significant wealth may benefit from the creation of trusts for tax reasons. Another benefit of trusts is bypassing the probate process, which saves time and money in estate management and protects privacy. Trusts are also recommended in other situations, such as those who own real estate outside of Ohio or those who have loved ones with special needs. While trusts aren't necessary in all cases, they can be the best option for many people in Northeast Ohio.
have extensive experience handling various estate planning issues in Ohio. We will help you create a plan that you fully understand and best protect your desires and interests. To find out more about what we can do for you, contact us today at 440-934-5330 or 1-888-934-5330 to schedule a first confidential legal consultation appointment.
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