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For some adults, retirement is the first time that they truly consider estate planning. For others, preparing for retirement is a reason to review and update their existing estate plans. The needs of those at or near retirement age are different from the needs of...
As older adults begin preparing for retirement, they need to address financial support challenges. While most retired professionals may qualify for Medicare coverage, Medicare may not pay for the support needs of aging adults. Medicare has numerous gaps and coverage...
An estate plan is a written, legally-enforceable set of instructions that tell your loved ones how to handle your assets when you die. It can also address other issues, such as who will handle your affairs if you become incapacitated. If you’re preparing to create...
Starting a new business is a major undertaking for an entrepreneur. One of the most important decisions you’re have to make if you’re embarking on this journey is determining what type of business structure you’re going to use. There are several options to choose...
As your parents age, having a conversation about transitioning them to elder care can be both necessary and emotionally charged. Finally arriving at the decision that your parent should transition to elder care can inspire practical challenges as well. One box that...
Starting a new business is an inherently risky endeavor. Even the most confident entrepreneur likely recognizes that a significant number of startups fail in the first few years of operations. It is therefore crucial for those hoping to start their own small...
Getting an estate plan together is a complex undertaking for adults, especially if they’re creating their first plan. One of the primary considerations involved is figuring out how to pass along assets to their chosen beneficiaries. This is most commonly done via a...
Many older adults in Ohio rely on Medicare coverage after they retire. Medicare coverage is often crucial for those who no longer work full-time. They lose employment health insurance when they retire in most cases and likely could not afford the cost of paying out of...
Those putting together an estate plan in Ohio often have specific priorities. Many people worry about meeting the needs of dependent or vulnerable family members. Others focus on their assets or their ties to the local community. If someone creating an estate plan...
Many people with significant personal property take for granted the idea that they should have control over who inherits their property. Others simply assume that their family members should inherit regardless of whether they bother with estate planning or not. While...