CLEVELAND ESTATE PLANNING INFORMATION WHAT IS A POWER OF ATTORNEY? A power of attorney is an authorization to act on your behalf or represent your interests. There are different types of powers of attorney. Typically, a power of attorney is granted t…
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CLEVELAND LAST WILL AND TESTAMENT ATTORNEY 1. Locate and Review the Will. As executor, you should know where the testator’s will is located. (The testator is the person who executes a will.) Preferably, you should also know what the will says, so y…
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CLEVELAND ESTATE PLANNING INFORMATION THE LIVING WILL A living will speaks for you when you are unable to speak for yourself. In Ohio, living wills activate when your attending physician and another physician determine that you suffering from a termi…
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CLEVELAND ESTATE PLANNING LAWYER As your parent ages, it can be a good idea for you to take over your parent’s finances, but when is the right time to do so? If you approach your parent too soon, you risk insulting them, and if you wait too long, y…
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CLEVELAND ESTATE PLANNING ATTORNEY During this economic decline, charitable lead trusts have become almost fashionable. Last year, the New York Times ran a story detailing the estate plans of Jacqueline Kennedy Onassis, praising her use of the charit…
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OHIO ESTATE PLANNING ATTORNEY Estate planning is a crucial part of your financial plan. With it you are able to determine how and who manages your assets in the event of your death or if you are unable to manage them on your own. Everyone can benefit…
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If you’re like most individuals, real property is a significant portion of your estate—it may even be the single largest asset you own. You want to enjoy and protect your property, but you also want to make sure your property is transferred a…
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CLEVELAND ESTATE PLANNING ATTORNEY In June 2010, Dan Duncan, a Texas billionaire and the 74th richest person in the world at the time of his death, made the pages of the New York Times for becoming the first American not to pay estate taxes in almost…
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CLEVELAND PROBATE ATTORNEY The concept for avoiding probate is relatively simple for those who plan ahead; in practice, however, it can much more difficult. The trick is to make sure all of your property will pass to another person automatically upon…
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CLEVELAND ESTATE PLANNING ATTORNEY One of the basic steps in estate planning is the establishment of a will. This relatively short and inexpensive process, involving personal family questions, decisions, and analysis of property and assets is a key d…
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