It’s not easy to watch your parents age, and asking about their estate plans isn't very comfortable to do – but there are some conversations that are important to have if you want to make sure that your parent’s wishes are followed and your family doesn’t fracture...
Strategic Guidance For Life’s Next Move
Estate Planning
The importance of creating a trust
Estate planning is an essential part of every person’s financial life and a key part of asset protection. While most people think that estate planning consists only of creating a will and powers of attorney, they often forget that there are other legal tools...
Proper estate planning may also require asset protection planning
When someone dies, their estate influences how everyone remembers them. All of their property must pass to others, and how they arrange that process can impact what people think of them years later. What they leave for the people they love and for charitable causes...
4 times you may need to update your estate plan
When you take the time to create an estate plan, you establish a legacy in the event of your death and put certain legal protections in place for the people who depend on you, including your spouse and children. There are numerous times throughout your life when your...
Is estate planning more important for women?
To start with, estate planning is beneficial for anyone. Both men and women can use estate plans, both married couples and single individuals can use them, and there are always ways that you can set up your plan to accomplish your goals – even when they’re much...
How Ohio Medicaid benefits could eventually cost you everything
Once you reach retirement age, you have the right to Medicare coverage. You can buy supplemental policies that will help you cover additional expenses, like prescription drug costs. Most retired adults get the majority of the support that they need from Medicare, but...
What is Estate Planning?
Estate Planning is a term that has very broad connotations depending on the needs of the individual. Generally speaking, Estate Planning is the process that takes place where you put in place a carefully designed schematic to ensure that your affairs are handled the way you wish upon your disability or death. This includes looking at your current assets to…