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Cincinnati Estate Planning Attorney
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If you are a caregiver for an elderly parent, you might need to assist them in planning for their estate, if they have not already done so. Many Americans find themselves in precarious financial situations after they retire. At some point, they are no longer able to take care of... Continue reading
Posted 3 days ago at Cincinnati, Ohio Estate Planning
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Wealthy people are beginning to expect that they will personally live to be at least 100 years old. That has important implications for their planning. Rich people have most likely always lived longer, on average than the non-wealthy and that is certainly the case today. However, even the wealthy never... Continue reading
Posted 4 days ago at Cincinnati, Ohio Estate Planning
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In the last few decades, women have made tremendous strides in the workplace. However, most married women still leave financial matters to their husbands. That can be a problem in their elder years. Women today, in Cincinnati and elsewhere, can do almost anything in their professional lives. There are very... Continue reading
Posted 5 days ago at Cincinnati, Ohio Estate Planning
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When a close family member passes away, there are certain steps that you should take, as soon as you possibly can. Death can be overwhelming for the family of the deceased, whether in Cincinnati or elsewhere. On top of the grieving process itself, there are many other things which families... Continue reading
Posted 6 days ago at Cincinnati, Ohio Estate Planning
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There is a very simple way to know when you should make changes to your estate plan. When you create an estate plan, the attorney who drafted it for you, will likely remind you to review the estate plan from time to time and make changes. This often prompts clients... Continue reading
Posted May 10, 2018 at Cincinnati, Ohio Estate Planning
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Estate planning is not just for the wealthy. People of more modest means can also benefit from it. It does not have to be difficult. When you start talking to people about planning their estates, they often respond in a similar way. It goes something like this: "I am not... Continue reading
Posted May 9, 2018 at Cincinnati, Ohio Estate Planning
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People who suffer from dementia often act differently at different times of the day. It is common for many to get worse near sundown. If you use an alarm clock to wake up at the same time every day, you may reach a point where you do not really need... Continue reading
Posted May 8, 2018 at Cincinnati, Ohio Estate Planning
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By changing how they define Alzheimer's Disease, scientists hope they can better understand how it works and possibly find new treatments. Some diseases are very easy to define, especially when it involves something physical. For example, chicken pox is defined by the presence of the active virus in your bloodstream... Continue reading
Posted May 3, 2018 at Cincinnati, Ohio Estate Planning
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New York recently became the first state to allow a new advanced directive that allows people to decide not to be given food or water, if they are incapacitated by dementia. Many people, in Cincinnati and elsewhere, who suffer from dementia appear to be suffering greatly at the end of... Continue reading
Posted May 2, 2018 at Cincinnati, Ohio Estate Planning
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Should you be notified that you are the potential beneficiary of someone's estate, then what happens next depends on state laws. When a will is filed in probate court, one of the first things normally required is to notify everyone who is named in the will or who may potentially... Continue reading
Posted May 1, 2018 at Cincinnati, Ohio Estate Planning
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Studies have shown that an increasing number of retired Americans are choosing to return to work. The reason is normally not because they need money. Most people dream of the day when they no longer must work for a living. After a long work life, they dream of being able... Continue reading
Posted Apr 30, 2018 at Cincinnati, Ohio Estate Planning
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Disputes over estates, whether in Cincinnati or elsewhere, can go one for years or even decades. Sometimes the strain the long battle inflicts on the family, makes it better to give up the fight than continue. For years, everything about the way that Bobby McKee set up his estate plan... Continue reading
Posted Apr 26, 2018 at Cincinnati, Ohio Estate Planning
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The more potential heirs and beneficiaries that you have, the more likely it is that there will be disputes over your estate. If you have one child who will be the sole heir of your estate, the chances of disputes over the estate are fairly low. The one child is... Continue reading
Posted Apr 25, 2018 at Cincinnati, Ohio Estate Planning
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One of the benefits to creating a trust is that, unlike a will, it is easy to revoke some trusts and create new ones. That benefit has a potential downside. In some ways, wills can be tedious documents because they must be executed with all of the formalities required by... Continue reading
Posted Apr 24, 2018 at Cincinnati, Ohio Estate Planning
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Families who struggle against tech companies to get access to their deceased loved ones' digital accounts, won a big victory recently. It frequently happens that when someone passes away, whether in Cincinnati or elsewhere, the family would like to access the deceased's digital accounts for one reason or another. This... Continue reading
Posted Apr 23, 2018 at Cincinnati, Ohio Estate Planning
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Criminal scammers like to target seniors because they are often easier for them to fool. Most people have probably been the victim of a scam of some sort. Even if it was a benign scam, like someone tricking us into believing something that is false, it still counts as being... Continue reading
Posted Apr 19, 2018 at Cincinnati, Ohio Estate Planning
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Harper Lee preferred to live a quiet life removed from the public eye, but her estate is drawing attention. Harper Lee is among a handful of American writers, including JD Salinger and Thomas Pynchon, who have preferred to live private lives. Other writers crave publicity, but Lee was different. Controversies... Continue reading
Posted Apr 18, 2018 at Cincinnati, Ohio Estate Planning
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If you look around your home, you can probably find a lot of items that are precious to you that your kids would prefer not to receive as part of their inheritances. One of the smaller but significant mistakes in estate planning is when parents make assumptions about what items... Continue reading
Posted Apr 17, 2018 at Cincinnati, Ohio Estate Planning
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Actor John Mahoney recently passed away while in hospice care. He left behind an estate that is worth millions, with many possible heirs. Actor John Mahoney had a long and distinguished career as an actor in a variety of roles. He was best known for his award-winning work on the... Continue reading
Posted Apr 16, 2018 at Cincinnati, Ohio Estate Planning
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The wealthy owner of the New Orleans Saints and Pelicans, Tom Benson, recently passed away. His will makes it clear that he no longer got along with his daughter and her children. A couple of years ago, one of the biggest stories in elder law was Tom Benson. He was... Continue reading
Posted Apr 12, 2018 at Cincinnati, Ohio Estate Planning
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One of the most important things that you need to know if you have a will, is when to review and make changes. It is likely that you, in Cincinnati, will experience many changes in your life throughout your adult years. Those changes will not only be personal, such as... Continue reading
Posted Apr 11, 2018 at Cincinnati, Ohio Estate Planning
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Even if the recent tax law changes do not change the impact of the estate tax on your estate, there are other reasons to review your estate plan now. Much of the estate planning talk, in Cincinnati and elsewhere, about the recent large tax law changes has focused on the... Continue reading
Posted Apr 10, 2018 at Cincinnati, Ohio Estate Planning
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Estate planning for assets that are unique, such as antiques, artwork or collectibles requires special attention and care. When planning for your estate, in Cincinnati or elsewhere, it is important to know the value of your assets. That way you can make sure everything is distributed between your family members... Continue reading
Posted Apr 9, 2018 at Cincinnati, Ohio Estate Planning
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A new study suggests that retired Americans are not running out of money. The conventional wisdom is that when people retire, they will slowly spend down the money they saved for retirement. If they live long enough, they will eventually run out of retirement savings. This happens in many cases.... Continue reading
Posted Apr 5, 2018 at Cincinnati, Ohio Estate Planning
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People often think they can wait until they retire to make plans for their estates. However, it is very likely that people will need plans before then. Americans generally like to drag their feet, when it comes to estate planning. They always think they can wait until they get a... Continue reading
Posted Apr 4, 2018 at Cincinnati, Ohio Estate Planning