Gift of Home Equity: What It Is and How it Works

avon lake estate planning attorney

We are living through what’s been called the largest intergenerational wealth transfer in history. Tens of trillions of dollars are set to change hands between older and younger Americans over the next 20 years. More and more elders are choosing Read More …

What Is a Contingent Beneficiary?

avon estate planning attorney

Creating an estate plan involves selecting people to receive your money, property, or other items if you pass away. When making a will, you’ll work with an estate planner to designate those who will inherit from you. The persons (or entities, Read More …

A General Timeline For The Probate Process

Avon Lake estate planning attorney

Probate is the legal process of formally recognizing a will after a person dies, naming or validating an executor to administer the estate, and distributing assets to intended beneficiaries. It also requires paying the decedent’s outstanding debts and federal and state Read More …

7 Things to Know About Living Wills

Avon Lake estate planning attorney

What would happen if you became seriously ill or injured and were no longer able to make your health care decisions? People of any age can lose capacity. They may have an accident, suffer a serious injury, or develop a Read More …

Medicaid Spend Down: Pay for More Than Just Bills

Medicaid Planning Attorney

Since the 1960s, Medicaid has provided health care coverage for low-income people across the United States. For millions of seniors, Medicaid offers financial assistance, helping them to cover the cost of long-term care services. Today, this joint federal-state program also benefits Read More …

Can Medicaid Take Your House if it’s in a Trust?

can medicaid take your house if its in a trust

As we’re out in the community, participating in business expos, hosting informational luncheons and availing ourselves as a resource, a common question is “can Medicaid take your house?” And it’s a great question because your most valuable property may be Read More …

2024 Goal: Get Your Estate Plan Done

Get Your Estate Plan Done

Visiting your local estate planning attorney to get your estate plan done is one New Year’s resolution that you should definitely keep. None of us knows whether or when we may find ourselves seriously injured or sick. But if it Read More …

How Do I Talk to My Aging Parents About Estate Planning?

Talk to My Aging Parents About Estate Planning

With multiple generations getting together for holiday meals, gift exchanges, New Years parties and quality time, these annual gatherings present an opportunity to broach sensitive but important topics with your aging loved ones. By communicating with them and knowing their Read More …