Estate planning experts in Columbus recommend that people begin preparing their wills at a young age. Once completed, such a document should be filed with the probate court of the county in which the testator resides. Many may think that once that is done, they no...
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Estate Planning
Avoiding federal estate taxes
With every approaching payday in Columbus, you can count on one thing: the government taking its share of your earnings in taxes. Many clients come to us here at Inc. concerned that the same thing will happen when the time comes to...
Don’t Lose All Your Money to the Nursing Home: How to Plan for Long Term Care Costs.
You have heard the horror stories from friends, family or neighbors about dealing with an extended long-term care stay for a loved one. Well, unfortunately without proper planning, we see a lot of those horror stories come true. As the baby-boomer generation starts to...
Having a productive conversation about your estate plan
While you may not find the topic of death and planning your estate to be the most exciting, being proactive about creating a plan that you feel good about is crucial to guaranteeing that things end up where you want them if you ever become incapacitated. At [nap_names...
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...
A will does not control all assets
Having a will or trust document in Ohio is a basic start to preparing for one’s estate future. What kind of assets a person owns may affect whether a will can do the intended job, that of leaving certain assets to certain people in one’s life.However, a...
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...
What is the most overlooked part of estate planning?
When people think of estate planning, they often think about wills. While wills are the cornerstones of many people's estate plans, there are other aspects of estate planning that should not be overlooked.Interestingly, one of the most commonly overlooked parts of...
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...
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...