Why Choose Estate Planning in Ohio?
Proper Ohio estate planning through a will and a living trust can help your loved ones avoid probate laws.
Why Avoid Probate?
Probate is a legal process that takes place after someone dies, with or without a will. There are a number of reasons why individuals want to avoid it:
- The probate process is expensive and can eat up the estate’s value
- Probate court can tie up property & assets for months, at times for more than a year
- The probate process can be complicated and everything involved in it is public record
Estate Planning can help your family members avoid the probate process by eliminating the unknown and guarding the gates to secure the future for those you love.
Estate Planning Services
Is This Right Fit For Me and My Loved Ones?
Close to three-quarters of Americans over the age of 65 will require some form of long-term care assistance at some point. Even though long-term care isn’t on the horizon for you right now, it’s likely that you’ll need it eventually. Why not prepare for the inevitable? Forming this specific trust will simply dissociate you from your assets, enabling you to get the assistance you need as soon as you need it— without losing the assets you hope to pass on to loved ones some day.
While long-term care insurance might sound like a safer bet, it’s a bet that will cost you a lot of money in the long run. Choosing this kind of trust will give you the protection you want without the hefty price tag that’s routinely attached to long-term care insurance.
How do you plan for end of life for a loved one in hospice or palliative care?
Some may believe thinking about the end of life is disrespectful, at best. However, planning is prudent and likely what our loved one wants us to do. This guide is designed to help you navigate these difficult times.
What is included in Estate Planning?
Within the area of estate planning, our experienced lawyer assists clients with irrevocable and revocable trusts, wills and testaments, durable powers of attorney, guardianships, medical directives, business succession planning, and asset protection.
Developing an Estate Plan
Planning for the future of your family is vitally important. The prospect of its necessity is at once discomforting, but taking control through Estate Planning is the way to absolute peace of mind.
Nothing could be more personal, and the unique nature of your family’s needs requires a trusted adviser who can provide expert and proprietary care. Let the law firm of Port Legal be that advisor. Whether it is a personalized will or an all-encompassing trust, Port Legal can protect your well-being.
Wills, Testaments, Trusts, Powers of Attorney & Other Documents
In addition to a will or trust, it’s also important to put in place ancillary documents such as powers of attorney and advanced health care directives that will fully accomplish your plans. We’re here to discern and fulfill the right choices on your behalf, and the sooner you start to plan the more options you will have to fully address the best outcomes for you and your family.
Estate Plan Reviews & Revisions
Should you already have an estate plan, if years have passed since last review, a contemporary examination will assure the plan addresses any new and relevant details to protect its integrity.
Need help with estate planning?
Developing an Estate Plan
If you have a family, an estate plan can protect you and your loved ones from the unexpected. An estate plan is more than an insurance policy – it’s a shield that will guard, guide, and defend you, your family and your assets. Above all, having a secure estate plan in place can help you achieve peace of mind. You can rest easy knowing that when you pass away, your assets will be distributed to your loved ones, special charities or other beneficiaries just as you choose. Port Legal can provide you with experienced counsel to ensure you have a well-crafted, individual estate plan that meets your unique needs, as well as all of the related documents to ensure proper execution.
Estate Planning for Business Owners
If you have a business, how will your interests be passed down to your family and how will the business continue to operate? How will your partner come up with the funds to compensate your family? If your partner passes away, how will you come up with the funds to compensate his/her family, and assure you are not imposed with an unwanted new business partner? These are crucial issues which many business owners never consider. Port Legal can guide you through these difficult issues to protect all vested interests and guard the gates of your business’ future.
Estate Planning Services
- Long term planning
- Avoiding Probate
- Protection of assets from creditors
- Powers of Attorney
- Wills & Testaments
- Protection of business interests in small companies, including planning for the death of a partner
- Buy/Sell agreements between business partners
Contact an Estate Planning Attorney Today
Our initial exploratory consultations are completely free of charge and intended to equip you to make the best decision for you, your family and your business.
Are you ready to get started? Call 614-641-7399 or fill out the form to request your free consultation and take the first step towards crafting your secure estate plan.