Building Relationships & Delivering Peace of Mind Since 1993

Many people have misconceptions about estate planning. You may think estate planning is something only the wealthy need, or only the elderly require. The reality is, this could not be further from the truth. No matter your age, your income status, or the assets you have acquired, estate planning is essential. Estate planning involves taking steps to care for your loved ones, and also to make sure you can maintain dignity and autonomy in the face of tragedy.

A Cincinnati incapacity planning lawyer at Zimmer Law Firm can offer you the advice you need to create a comprehensive incapacity plan that will protect you and those you love. Contact us today to schedule a consultation and learn more about the assistance we can provide.

Individual Retirement Arrangements, or IRAs, are one of the best vehicles for saving for retirement due to the tax advantages that these arrangements present. Depending whether you chose a traditional or a Roth IRA, you can either invest with pre-tax funds or can invest with after-tax dollars and allow money to grow tax free and be withdrawn without paying taxes during retirement.

The legacy that you leave behind can change your family’s life, and can even change the world. Whether you have substantial funds or simply want to make sure your family assets are kept safe and passed on to the next generation, you owe it to yourself and to those who you love to make a plan for after your death. Zimmer Law Firm is here to help. Zimmer Law Firm provides assistance to clients at all phases of wealth building and legacy planning.

The LGBTQ estate planning attorneys at the Zimmer Law Firm have a long history of representing LGBTQ individuals in taking steps to protect themselves, their partners, and their families. When it comes to end-of-life issues, asset protection, wealth building, and protecting your family, you need to have the very best legal advice. As members of the American Academy of Estate Planning Attorneys and the National Academy of Elder Law Attorneys, Inc., we have the credentials to provide the legal assistance you require. We also have the compassion and commitment to provide the type of advice you deserve.

For most seniors, the most important concerns about the future include making a retirement nest egg last and making sure you can be cared for in the event of a serious illness or injury. The job of an attorney focused on elder law and Medicaid planning is to help seniors to address these two most important issues. Elder law attorneys do not just help seniors; however, as anyone can benefit from getting comprehensive legal advice about achieving a financially secure future.

The SECURE Act requires most non-spousal beneficiaries to withdraw 100% of the inherited IRA over a 10-year period. This change would likely only impact IRA heirs that are set to inherit a large amount since smaller IRA amounts are typically used up within 10 years by most. If you are concerned about the potential tax burden of your non-spouse IRA heirs receiving their inheritance faster, you may need to have your estate plan adjusted. Call our office to learn more about upcoming seminars where we’ll be reviewing these changes in greater detail or to schedule a consultation with an attorney.

Many people with a severe impairment or disability are not able to work or earn enough money to support themselves. If someone you care about has special needs and cannot be financially independent, you may wish to help provide for this person in your life. Unfortunately, simply giving a gift during your life or after your death may not be the best approach to take. Providing for someone with special needs can be complicated, but it is a worthy goal. It is also a goal that the special needs estate planning attorneys at Zimmer Law Firm can help you achieve.

Our Young Adult Protection Plan™ includes all the legal documents and medical-legal documents necessary for a parent to see to the child’s medical and legal needs during recovery or incapacity. Those documents are as follows: Property Power of Attorney – Authorizes an agent(s) to manage assets and legal affairs for a young adult child if he or she becomes incapacitated. Health Care Power of Attorney – Appoints an agent(s) to make health care decisions for a young adult child who is unable to make his or her own decisions. Living Will – A child’s declaration of wishes about artificial life support or medical treatment that would only serve to prolong the process of dying, in case of imminent death. HIPAA Release – Authorizes parents to receive medical information about a child.