Estate Planning R. M. Nelson Law Estate Planning R. M. Nelson Law

Planning Your Estate In 4 Steps

Your estate is made up of everything you own—cash, investments, business interests, property, and all of your personal belongings—and, upon your death, those items will be bequeathed in some manner. An estate plan is your opportunity to prescribe that manner by dictating which and how much of your assets are passed to whom. The biggest aversion to estate planning is the fact that you have to look your own morbidity squarely in the face. Having come to the unavoidable conclusion that you will pass away at some point, it becomes a smart, albeit not always pleasant, decision to create an estate plan.

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Estate Planning R. M. Nelson Law Estate Planning R. M. Nelson Law

Why a Living Will is Important for You and Your Family

Unforeseen events, such as the diagnosis of a terminal illness or the occurrence of a catastrophic accident, happen all the time. And, it’s in those instances that a living will is indispensable. Whereas a last will and testament outlines the distribution of your assets upon your death, a living will documents your instructions to medical professionals in the event that you cannot communicate your wishes but are still alive.

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Trusts R. M. Nelson Law Trusts R. M. Nelson Law

Should I Create A Trust?

TRUSTS are not just for the rich and famous – they are a very helpful tool in making sure your wealth goes where you want and is used how you want. That said, they do come with costs to set up so at what point is it worth considering creating a trust as part of your estate planning?

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Guardianship R. M. Nelson Law Guardianship R. M. Nelson Law

What is Guardianship and Do I Need Legal Counsel?

As adults in Ohio, we enjoy many freedoms to live and do mostly as we please, within the limits of the law. But with that freedom come many responsibilities, too – taking care of our affairs and business and looking after ourselves. And for most of us, that is simply part and parcel of everyday life. But sadly, there are times that these day-to-day tasks can simply become too much for individuals to do for themselves.

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 Many people are not aware that anyone can access much of their important personal social security information at ssa.gov