CLEVELAND ESTATE PLANNING ATTORNEY If your parents make a simple, one-time request, you should not run into too much trouble when you go to fulfill it. If your parents’ financial requests are numerous, or will be numerous, however, constantly actin…
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OHIO ESTATE PLANNING INFORMATION As you contemplate your estate plan, you may wonder whether there is a way to invest in the future or to help others live the kind of life you enjoyed. In estate planning, we call these types of devises legacy gifts.…
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OHIO ESTATE PLANNING INFORMATION Why Do You Want to Make a Large Gift to Your Children? The first step in planning to make a large gift for your children is to consider your motivations for doing so. Are you trying to minimize your exposure to taxes,…
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CLEVELAND ESTATE PLANNING LAWYER According to the Center for Disease Control, over one-third of all Americans suffer from chronic illness. If you or someone you love is one of these Americans, you should know that chronic illness can impact an indivi…
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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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