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Medical Power of Attorney for Adult Children’s Medical Emergencies
October 19th, 2011
Medical power of attorney (also called healthcare power of attorney) allows you to designate another person(s) to make medical decisions on your behalf if you are unconscious or mentally incapacitated. My daughter recently turned 20 and is headed to…
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Limited Power of Attorney & Other Tools to Avoid Conflict Between Co-Agents
September 28th, 2011
A Limited Power of Attorney, rather than General Power of Attorney, is one of the chief tools I use as an estate planning lawyer to reduce potential conflict between co-agents. Besides a Living Will and Healthcare Power of Attorney, it’s a good ide…
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Setting Legal Guardianship & ensuring Inheritance: Keys to Estate Planning for Young Families
September 5th, 2011
Setting legal guardianship for your children and making sure you leave enough of an inheritance to support your children are the key objectives to estate planning for young families. Life insurance and a revocable living trust are the primary compone…
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Farm & Family Business Succession Planning: The Important Role of Insurance
August 30th, 2011
In farm and family business succession planning, permanent life insurance policies play an extremely important role in that they equalize an inheritance between heirs who want to receive and run the farm or business and those who don’t. Combined wi…
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Ohio Nursing Home & Long Term Care: The First Priorities of Late-Life Planning
August 24th, 2011
In Ohio, nursing homes and long-term care needs should be the first priorities of estate planning for folks over 65. Wills, trusts, and other estate planning tools that divide your estate amongst your heirs will mean little if your estate is consumed…
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Dayton, Ohio Estate Planning Attorney Welcomes You!
August 18th, 2011
Welcome to our new blog. After nearly 25 years of practicing law, I decided it would be fun to share with you some of my insights on the law in general, and specifically on the law as it pertains to estate planning and elder law. Last week a middle a…
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Asset Protection For Physicians and Professionals
August 18th, 2011
Asset protection for physicians and other professionals is extremely important because of the high risk for lawsuits natural to their profession. A successful lawsuit will gobble up hard-earned assets in short time. But a well-planned asset protectio…
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Protecting Inheritance from Divorce
August 18th, 2011
An Inheritance that is not properly protected can be divided between divorcing spouses in family court. If you leave an estate to your adult child and he or she gets divorced, the money and property you left behind could end up in the hands of your c…
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Assisted Living & Nursing Homes Costs: Protecting Your Assets from Reimbursement
August 18th, 2011
Assisted living and nursing home costs can be extravagant, eating away at your savings, assets and the inheritance you intend to leave for your family if measures aren’t taken to protect them. Because of the high expense of extended care, many elde…
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LLC’s and Limited Partnerships for Dayton and Ohio Asset Protection
August 18th, 2011
The use of limited liability companies and limited partnerships for Dayton and Ohio asset protection is a common strategy because these business structures protect family assets from business risks and protect business assets from personal liability.…
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