This is Cincinnati Estate Planning Attorney's Typepad Profile.
Join Typepad and start following Cincinnati Estate Planning Attorney's activity
Join Now!
Already a member? Sign In
Cincinnati Estate Planning Attorney
Recent Activity
Image
“While no one likes to think about the end of life, those who do, and those who spend just a small amount of time preparing properly, can help ensure their families continue to embrace and share all of the tremendous memories they created together.” Estate planning attorneys hear it all... Continue reading
Posted 5 hours ago at Cincinnati, Ohio Estate Planning
Image
“A study published by Cambridge University Press revealed that about 25% of retirees return to the workforce, with half of them doing so within five years. According to The RAND Corporation, more than half of workers 50 or older reported they would come out of retirement for a good opportunity.”... Continue reading
Posted yesterday at Cincinnati, Ohio Estate Planning
Image
“You can only put money in a health savings account, if you are covered by a high-deductible insurance plan, which means you must stop those contributions once you’re on Medicare.” If you routinely contribute to a health savings account and you expect to start taking Social Security after you’ve reached... Continue reading
Posted 2 days ago at Cincinnati, Ohio Estate Planning
Image
“Until now, the terms of service for each individual site have determined who has ownership and access after a death and whether the assets are deleted, frozen or can be transferred.” We all have many more digital assets than we realize. What happens to those assets when we die?, asks... Continue reading
Posted 3 days ago at Cincinnati, Ohio Estate Planning
Image
“You have to think about what future you want to hear, who’s in the car with you and (at the risk of sounding morbid) how long the playlist needs to be, to get you to your final destination.” Making those golden years truly golden and relatively worry free, takes some... Continue reading
Posted 4 days ago at Cincinnati, Ohio Estate Planning
Image
“Some people dream of retiring to new and unfamiliar places, while others stay put in those spots they know and love, whether or not such places are affordable on a fixed income. That’s a choice that comes with consequences, warns personal finance website Bankrate.” Where you live during retirement has... Continue reading
Posted 7 days ago at Cincinnati, Ohio Estate Planning
Image
“Passing away without an estate plan is a huge mistake that can tie up your estate for years in probate.” With an estate plan, you can distribute your assets according to your own wishes. Without one, your heirs may spend years and a good deal of money trying to settle... Continue reading
Posted Nov 14, 2019 at Cincinnati, Ohio Estate Planning
Image
“Safe and shareable password storage is vital in today’s computerized world. The old solution–writing down passwords on paper set next to your keyboard–is not safe, not adequate and not shareable.” While parents are alive and well is the time to prepare for the future, when they begin to decline. An... Continue reading
Posted Nov 13, 2019 at Cincinnati, Ohio Estate Planning
Image
“The need for accuracy in assumptions applies not only to income and assets, but also longevity. As Gen Xers recognize that they may live longer than their Silent (1925-1944) or Boomer (1945-1964) parents, the longevity assumption could be the key to success.” Now that Generation Xers are reaching their fourth... Continue reading
Posted Nov 12, 2019 at Cincinnati, Ohio Estate Planning
Image
“While receiving a bequest from a friend or relative should represent a financial blessing, an inheritance can come with strings attached.” As many as 1.7 million American households inherit assets every year. However, almost seventy-five percent of those heirs lose their inheritance within a few years. More than a third... Continue reading
Posted Nov 11, 2019 at Cincinnati, Ohio Estate Planning
Image
“Going straight from a busy work life to ‘retired’ can be difficult, if you haven’t mapped out your path. Preparing yourself effectively involves both financial and lifestyle choices.” If you’re a successful person, maybe a real estate developer or a physician, you’re too busy to think about retirement. However, just... Continue reading
Posted Nov 8, 2019 at Cincinnati, Ohio Estate Planning
Image
“My father only designated my mom as an agent on power of attorney forms, and they have not been updated in many years. Where do you think we should go from here?” An 80-year-old man had seizures several months ago. He was treated in the hospital and since then, has... Continue reading
Posted Nov 7, 2019 at Cincinnati, Ohio Estate Planning
Image
“If you don't educate yourself on Social Security, you could wind up cutting your benefits and hurting financially as a result.” If you in Cincinnati are like many Americans, you’re relying on Social Security to a large degree to cover your expenses once your career ends and that steady paycheck... Continue reading
Posted Nov 6, 2019 at Cincinnati, Ohio Estate Planning
Image
“We often use the euphemism “getting hit by the bus” to begin the discussion and get our clients thinking about what the reality of that situation would look like, if they were suddenly no longer available.” There are hard topics, like sickness and death, that estate planning prepares for. Then... Continue reading
Posted Nov 5, 2019 at Cincinnati, Ohio Estate Planning
Image
“Various studies show that most adults have not prepared a legal will. However, the point I’m really trying to make is that everyone has a will in a way—just not one that they have executed.” You have a will, even if you never make the effort to have one. However,... Continue reading
Posted Nov 4, 2019 at Cincinnati, Ohio Estate Planning
Image
“Today, approximately one-in-five Americans 65 and older are working or looking for jobs, according to the U.S. Bureau of Labor Statistics.” The number of Americans who continue to work after celebrating their 65th birthday is expected to increase to as high as 23.3% in 2028, according to an analysis from... Continue reading
Posted Nov 1, 2019 at Cincinnati, Ohio Estate Planning
Image
“Updating one’s estate planning documents involves changes to one’s trust, will and/or designation of death beneficiaries, as relevant. To be effective, such updates must be done correctly.” If you want to make changes to your estate plan, don’t think you can just scratch out a line or two and add... Continue reading
Posted Oct 31, 2019 at Cincinnati, Ohio Estate Planning
Image
“Regardless of their actual financial standing, job title and income, many Americans—and probably most federal civil servants—would identify themselves as middle class.” What many don’t understand is that they do actually have an estate, and if all of its parts are added up, people have more assets than they think,... Continue reading
Posted Oct 30, 2019 at Cincinnati, Ohio Estate Planning
Image
“However, if you get no further than scribbling notes or thinking about which lawyer to hire, you risk dying “intestate”—without a will that could guide your loved ones, head off family feuds and potentially save your family thousands of dollars.” This is one of those things that you know you... Continue reading
Posted Oct 29, 2019 at Cincinnati, Ohio Estate Planning
Image
“Scams that target the elderly, whether by phone, computer or in person, succeed to the tune of billions of dollars a year.” The amount of money stolen from seniors is absolutely stunning, but what makes this worse is that victims are often too fearful and embarrassed to ask adult children... Continue reading
Posted Oct 28, 2019 at Cincinnati, Ohio Estate Planning
Image
“Increasingly, families will encounter similar concerns, as older adults become reliant on computers, cellphones and tablets: With cognitive impairment, these devices become difficult to use and, in some cases, problematic.” At first, Dr. Z thought his 83-year old mother was simply confused when she called to say she’d forgotten passwords... Continue reading
Posted Oct 25, 2019 at Cincinnati, Ohio Estate Planning
Image
“The cost of long-term care insurance is based on several criteria, including the number of clients who have kept their policies over time, as well as customers’ longer lives.” A single woman has seen her annual premiums for long-term care rise by more than 60% over the last six years.... Continue reading
Posted Oct 24, 2019 at Cincinnati, Ohio Estate Planning
Image
“How many of us are reading this and know the importance of having ‘our affairs in order,’ yet haven’t done so ourselves? Having your medical and legal wishes known are important for any of us, regardless of our age.” When children are born, many people make sure to have their... Continue reading
Posted Oct 23, 2019 at Cincinnati, Ohio Estate Planning
Image
“Unfortunately, retirement is complicated, and your decisions can have irreversible consequences.” One of the biggest mistakes people make with their retirement, is not realizing what they don’t know, says the Chicago Sun-Times in the article “The 6 biggest retirement mistakes—and how you can avoid them.” By misunderstanding how Social Security... Continue reading
Posted Oct 22, 2019 at Cincinnati, Ohio Estate Planning
Image
“I came in with Halley’s Comet in 1835. It is coming again next year, and I expect to go out with it. The Almighty has said, no doubt: ‘Now here are these two unaccountable freaks, they came together, they must go out together.’” Mark Twain was right. He passed away... Continue reading
Posted Oct 21, 2019 at Cincinnati, Ohio Estate Planning