Estate planning is the process of creating a plan to manage and distribute your assets according to your wishes, both during your life and after you're gone. It includes preparing essential legal documents, such as wills, trusts, powers of attorney, and healthcare directives, to protect your family and preserve your legacy. With thoughtful estate planning, you ensure peace of mind by providing clarity and security for your loved ones.
At Ohio Heritage Law, trust-based estate planning is our flagship service, offering comprehensive strategies to protect your assets, preserve your family's privacy, and ensure that your wishes are honored. Trust-based plans offer significant benefits, including enhanced privacy, efficient asset management, and protection for your loved ones.
Creating a revocable living trust allows you to manage your assets during your lifetime and ensures they are distributed according to your wishes when you pass away. Assets held in trust avoid the costly and time-consuming probate process.
For those concerned about long-term care costs, a Medicaid Asset Protection Trust can help preserve assets while ensuring eligibility for Medicaid benefits, providing peace of mind and financial security for you and your family.
Families with loved ones who have disabilities can leave assets to those individuals without jeopardizing their eligibility for government benefits. This strategy allows families to set aside assets to enhance the quality of life for their loved one while ensuring continued access to essential public assistance (like Medicaid or Social Security).
A will-based estate plan allows you to appoint an executor to oversee the distribution of your assets after your death according to your wishes. Will-based estate plans are overseen by the probate court, which manages the legal process of distributing assets. Will-based estate plans are best for people who do not have significant concerns about privacy or the need for advanced asset protection strategies
The information provided on this website is for general informational purposes only and does not constitute legal advice. Visiting this website or contacting Ohio Heritage Law LLC through this website does not create an attorney-client relationship. You should not act or rely on any information provided without seeking professional legal advice tailored to your specific situation. Ohio Heritage Law LLC does not accept representation of clients without a formal client engagement agreement. Please do not send any confidential information to Ohio Heritage Law LLC until an attorney-client relationship has been established.