Ohio Estate Planning, Trust & Probate Law
Serving the
communities and surrounding areas of Canton and Akron, Ohio.
Estate Planning •
Veterans Aid •
Long Term Care • Charitable Giving • Retirement Planning
The goal of our estate planning,
trust and probate practice is to provide a comprehensive and
precise estate plan tailored to each client's individual needs
and desires. Quality estate planning dictates that we arrange
the client's assets, both before and after death, in a way
that maximizes specific family objectives by considering
various contingencies and minimizing taxes. The range of
options and the variety of possible assets, combined with
different personal objectives and the intricacies of fiduciary
and tax laws, require careful planning to maximize the benefit
from this complex and highly individualized process.
Our estate planning process will involve
careful review and analysis of existing documents; preparation,
review and revision of different proposals for consideration; and
summaries outlining the distribution patterns and tax consequences
of each proposal. This process, of course, will include meetings
with the client and possibly the client's other advisors to
ascertain specific objectives and may involve specialized research
on relevant issues affecting the client's particular circumstances.
You worked hard to accumulate wealth and
protecting that wealth is your right and our mission. Your wealth
gives rise to planning issues. Specific personal circumstances such
as family members with special needs, second marriages, non-citizen
spouses, highly appreciated assets, illiquid business interests, and
charitable intentions require careful analysis.
Proactive strategies that address your
concerns require knowledge, insight, creativity and understanding.
We possess the skills to develop and implement a personalized plan
that meets your specific requirements.
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Most VA pensions are only for veterans
who were actually wounded or disabled while they were serving in the
armed forces.
But...
Millions of wartime veterans and
their spouses may be eligible for special monthly pension benefits
solely because they are over 65 years of age and are homebound, in
assisted/supportive living, or in a nursing home. Those veterans
and/or their survivors only need to prove that their medical
expenses exceed certain income and asset limitations. The maximum
benefit available can provide significant assistance in paying for
long term care costs.
Our team can assist you and your family
by explaining many difficult-to-understand things about long-term
care. Qualification for a veteran benefit is only one of several
concerns that must be considered. As you struggle to provide
dignified long-term care for a wartime veteran and/or their spouse,
we can help you understand the options. We are your advocates
and we want to help you stretch your hard earned money further. VA
benefits are only one part of the puzzle. We will hold your hand and
guide you every step of the way as we consider all of you and your
family's resources.
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You planned your wedding, buying a home,
having children, funding their education, retirement, and any
unexpected events through insurance. You have utilized the expertise
of Tax Accountants, Real Estate Agents, Mortgage Brokers, Financial
Planners, and Insurance Agents to help you maximize your benefit,
assets, and minimize risk. You have planned ahead all your life with
the help of the appropriate experts. As a result, you are now
enjoying the fruits of your labor. Today, you are healthy but you
are aware that in a few years, this may no longer be the case. You
may know someone whose assets had to be depleted in order to qualify
for Medicaid; it doesn't have to happen to you. Let our team help
you plan for your future.
Most individuals begin planning once
admitted into a skilled nursing facility. This delayed planning is a
huge mistake which greatly limits your asset preservation options.
While we can help in a crisis when a family member requires care, we
will in all likelihood be able to preserve less. All of your assets
can be preserved and shielded from ever being considered for
Medicaid eligibility, if you make the appropriate plans and
arrangements within the appropriate timeframes. So many clients are
unable to take full advantage of our expertise, simply because they
called us too late.
Learn from our clients' mistakes and our
wealth of knowledge. One meeting with us can preserve your life's
work, savings, and planning. You do not have to be in poverty to
qualify for Medicaid; you just have to plan ahead.
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Americans are among the most generous
givers. The availability of tax breaks is a significant motivator.
There are many estate planning techniques to carry out your
philanthropic goals and provide significant tax savings.
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The value of a retirement plan has
greatly increased during the last two decades. The tax deferred
growth available with retirement assets offers a tremendous
financial benefit. However, these assets must be carefully
coordinated with your overall estate plan; otherwise, there can be
devastating tax results. Proper planning enables retirement account
owners to maximize benefits to heirs and maintain control of future
distributions using a "qualified" trust. However, this is a highly
technical area of tax law requiring specialized knowledge. Our team
can assist you to ensure that your retirement passes to your
beneficiaries in the most tax efficient manner.
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