Ohio Estate Planning Attorneys in Ravenna and Stow Ohio
Offices in Ravenna and Stow
Estate planning is the term used to describe the process of preparing for eventualities such as death or incapacity in more complex cases. It involves wills, living wills, sometimes trusts, a power of attorney for healthcare or finances etc… It offers numerous benefits, even if you don’t have tangible possessions. These procedures are generally handled by Estate Planning lawyers.
Estate Planning includes provisions to minimize the cost and length of the legal process by which a property is collected, managed and distributed after a person’s death, which is known as “probate”. Some types of property pass automatically under Ohio law, while other types are required to go through the probate process. The probate process in Ohio is usually longer and more time-consuming than most people assume. Estate Planning helps to plan ahead to avoid some of these issues.
Protect Your Assets
Without proper planning, you could lose up to 10% of your assets to the probate process, or 100% to a nursing home.
Protect Your Children
Don’t let the court decide who will take care of your children, or probate costs cut into their inheritance. Planning ahead is easy.
Obtain Peace of Mind
See how we can help you make your wishes clear and undisputable with documents properly drafted and executed.
Keep Your Hard-Earned Money For Your Old Days
According to the Administration for Community Living, someone turning age 65 today has almost a 70% chance of needing some type of long-term care services that include medical and non-medical care for people with a chronic illness or disability. See data from LongTermCare.gov here.
In most cases, the cost of long stays in a nursing home is not covered by Medicaid for as long as patients have money or other assets. A special Medicaid Planning Trust established at least 5 to 7 years ahead of time could prevent this situation, so patients can enjoy their hard-earned money for as long as they live.
Be aware that a Medicaid Planning trust is different from a simple Revocable or Irrevocable Trust.
Estate Planning for Young Adults
Young people without any estate planning, particularly without a healthcare power of attorney, can find themselves at the mercy of a medical establishment in critical situations.
Without a valid health care power of attorney, parents or loved ones may not have the authority to make decisions on behalf of an incapacitated young adult. This means that medical professionals would have to make decisions without input from family members or would follow a default protocol, potentially resulting in outcomes that would not align with the young person’s wishes or values.
Hospital staff can refuse to give you any medical information about your unconscious eighteen-year-old son in the ER without his authorization. They can just block you out and many do so for fear of lawsuit by the young adult.
So, instead of thinking how awful the situation could be, how upset and powerless you would feel, have your young ones get a plan In Case of Emergency through Tragedy. Call us now at 330-296-8000 to book an appointment.
Great lawyer and staff!
Why Hire Us?
For the last twenty years, we have provided exceptional legal representation and support. Our longevity is the undeniable proof of the quality of our services.
We take pride in building strong relationships with our clients and focus on their goals while working on short and long-term solutions for their legal issues.
During the whole process, you get your lawyer’s undivided attention and a paralegal assigned to your case for optimum communication.
We are on your side. We fight for you and guide you through the legal process, giving you peace of mind while you get your life back on track.
We use the latest technology to facilitate communication with you. This includes giving you access to your own online client portal.
Most clients consider our fees to be quite reasonable. We detail the terms of our representation upfront so you know what to expect from us from the get-go.
Wills, Living Wills, Trusts and Powers of Attorney
Simple wills and living wills are very common and sufficient in a lot of different situations. Our Portage County Estate Planning lawyers help clients with these documents, making sure they are drafted and executed properly to ensure that they are valid.
However, complex situations often arise and our Estate Planning lawyer can help:
- Manage your estate on behalf of your children after a divorce or separation, for example, requires the special skills of an Estate Planning lawyer: will your ex-spouse or another relative be in charge of your money?
- Take measures to protect a child with special needs
- Make provisions for someone to take care of your finances or make medical decisions on your behalf if you become incapacitated?
- Establish guardianship or the choice of a guardian in case both parents die at the same time. Our Estate Planning lawyers have handled many cases where the lack of planning resulted in great extra hardship for bereaved children.
- Create a trust to protect your assets from being taken by Medicaid. Trusts can be created to protect your money to be distributed in any way you wish for specific purposes.
Our Estate Planning lawyers can give you proper guidance, the best legal advice, and draft the documents that will protect your interests while getting your affairs in order.
Fantastic, friendly staff. Free initial consult.
Portage and Summit Counties Probate and Estate Planning Lawyers
Consulting with an experienced estate planning lawyer is essential. It will ensure that your final wishes regarding your property, your loved ones, and your healthcare options are carried out.
Not all lawyers are created equal. In difficult times, it is vital to select a lawyer who can relate to your situation in a very professional and sensible way.
The ohiocrimelawyer.com website is designed for general information only. Any information on this site is not to be construed as formal legal advice from a criminal defense lawyer, a DUI lawyer, a family law lawyer, or estate planning, wills, trusts, and probate lawyer, nor the formation of a lawyer/client relationship. Persons accessing this site are encouraged to seek personal advice regarding their individual legal issues.
The attorneys in our law firm primarily service Portage County courts (Ravenna and Kent) from our office in Ravenna and Summit County courts (Akron, Stow, Barberton) from our office in Stow. Cases in all other courts in North East Ohio, such as Cuyahoga County courts, are handled under specific terms and conditions.