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Estate Planning Archives

Women have unique needs in estate planning

Women in Ohio and throughout the U.S. live longer than men in general, which means they have unique needs when it comes to estate planning. An article in Forbes magazine puts the average life expectancy of women at nearly five years longer than men, with some living well beyond those five years.

How to account for your digital assets in your estate plan

The times are changing, as we all know. In the world of estate planning, the biggest change has been an overall change in personal assets. Instead of journals and photo albums, many people now keep their memories online, on platforms like Facebook and Instagram. In fact, the average internet user is signed up for as many as 26 accounts and maintains 10 separate passwords.

New policy proposals aim to make long-term care more affordable

According to the U.S. Department of Health and Human Services, 52 percent of those turning 65 now will need long-term care services and supports during their lifetimes. Unfortunately, according to the AARP, “The cost of long-term services and supports over time continues to be much higher than what middle-income families can afford.”

Consider crowdfunding your 529 college savings plan

“Crowdfunding” may not be the most familiar term, but the concept is becoming increasingly important. You may have heard about sites like Kickstarter and GoFundMe, which make it easy to ask friends, relatives, social media contacts and even strangers for startup cash for a new business enterprise. Chuffed and CrowdRise are examples of sites that do similar work for nonprofits. Basically, you identify the project or cause, set up a site, and spread the word. If you’re lucky, people will be interested enough to commit funds to your idea.

5 steps to a strong estate plan

Estate planning is something that should not be taken lightly. It is a very important aspect of life that should not be overlooked, no matter your age. You can begin planning your estate the minute you are hired for your first job out of college. Estate plans should be updated as you experience different life events, such as marriage, the birth of children, divorce and more. Here are five steps to a strong estate plan.

Is A Will Enough?

When it comes to estate planning, many people think that a will is all they need. In some cases, that is true. However, wills are limited in terms of what they can do. For many people, a will is simply not enough to achieve their estate planning goals.

Advanced Directives

What They Are, Why You Need Them, and Remembering Terri Schiavo

meredith_obrien-1000-ffccccccWhite-3333-0.20.3-1.pngLiving Wills and Health Care Powers of Attorney are commonly referred to as "advanced directives" because they give health care providers and family members direction for your medical treatment and end of life care should you be unable to communicate your wishes.

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