Asset protection planning is very important if you have any money, investments, or property that you want to protect. If you own a business or are starting one, you also need to make sure you have a … [Read more...] about Key Reasons why Asset Protection Planning is Important
Asset protection is important for many people, particularly those who are in certain lines of work. For example, landlords are especially prone to lawsuits, because people may get injured on their … [Read more...] about Asset Protection Trusts in Cincinnati: Can a Trust Protect Assets?
Most of us have seen the commercials touting the many benefits of reverse mortgages. When they became more popular and well known, many believed they were the solution for senior citizens in need of a … [Read more...] about Are Reverse Mortgages Safe?
Did you know that the net worth of American households rose by an impressive 14% in 2013? It’s true and now, the record figure sits at a whopping $80.7 trillion. This certainly hammers home the … [Read more...] about High Wealth Estate Planning
What Is a Power of Attorney in Ohio? from Barry H Zimmer A power of attorney is a legally binding device. When you execute a power of attorney you empower someone else to act on your behalf. Learn … [Read more...] about What is a Power of Attorney in Ohio?
As a person with significant financial resources, you need to consider estate tax efficiency and asset protection when you're planning your estate. If these are your objectives, you should consider … [Read more...] about Family Limited Partnership: Asset Protection, Tax Savings
For many, a reduction in estate taxes is an important priority. You can incorporate lifetime gifting in your estate planning efforts that will minimize taxes and just as importantly, you’ll be able to … [Read more...] about What is Lifetime Gifting?
Wealth can be difficult to accumulate, and even tougher to preserve. Legacy wealth planning is a term coined by the American Academy of Estate Planning Attorneys to describe the nuances of how one … [Read more...] about Ohio Legacy Wealth Planning Explained
Medicaid is a jointly run federal-state program that is technically in place to provide insurance for long term nursing care expense for people who cannot afford to pay the costs on their own. How do … [Read more...] about Ohio Medicaid Eligibility: Best Reason to Plan Now
In a blog post on July 18, I discussed some of the reasons that parents and elders are often reluctant to begin a conversation with their families about their estate planning. Here are five tips to … [Read more...] about Tips to Discuss Estate Planning with Your Parents