Give yourself piece of mind by planning for your future.
Planning for your and your family’s future is one of the most important steps a person can take. At the law firm of Hoover Heydorn & Herrnstein, located just minutes north of Akron in Cuyahoga Falls, Ohio, we represent clients with all of their estate planning and probate law needs. In addition to preparing wills, living wills, powers of attorneys, and several types of deeds, we can help set up the appropriate type of trust for you. Whether it is a simple trust, charitable trust, complex family trust, trust for the mentally challenged, special needs trust, or tax avoidance trust, we work directly with you to ensure that your goals are met. Remember, if you don’t make provisions for your heirs, the state will do it for you and your wishes may not be fulfilled. We will prepare the estate plan that is right for you.
Powers of Attorneys and Living Wills
Regardless of whether you need help now or may need help at a later date with your financial matters or health care decisions, there are several types of Powers of Attorneys or Living Wills that may be right for you. These documents can be drafted by us to provide for your specific needs. Powers of Attorneys can be designed to take effect immediately, to take effect at a future date, or to not take effect until such time as you are unable to handle these matters yourself. Properly prepared Powers of Attorneys and Living Wills help ensure that your financial matters and health care decisions are handled in the manner that you desire and do not go unattended.
Deeds and Affidavits
If you own a house or other real estate that you want to leave to a loved one as quickly and efficiently as possible upon your passing, then one of several types of deeds or affidavits may be the answer. These documents can ensure that real estate remains in your sole ownership and control during your lifetime while avoiding the probate process upon your passing. The appropriate deed or affidavit can save you and your heirs a significant amount of time and money.
Wills and Trusts
Wills and Trusts can make provisions for your benefit during your lifetime while ensuring that your hard-earned assets are distributed in the manner you desire upon your passing. Wills and Trusts are prepared based on your wishes, family situation, and asset level. The right type of Trust can avoid the probate process, provide for minor children or beneficiaries with special needs, protect government benefits, provide for charitable gifts, or eliminate or reduce estate taxes. Our experienced attorneys prepare the right type of Will or Trust for you.
If you have minor children, you will want to make provisions for them if something were to happen to you. Do not leave these these important decisions to others. Making arrangements for guardians, trustees, and for your children’s living arrangements and financial needs is an important part of your estate plan.
Loved Ones With Special Needs or Disabilities
If a loved one has special needs or disabilities, then you should consider a Trust that provides for their welfare without jeopardizing their government benefits. A properly drafted Trust can accomplish these goals.
If you own a successful business, own valuable real estate, or otherwise have a high net worth, then a trust to avoid estate taxes may save your beneficiaries tens of thousands of dollars. An appropriately drafted Trust allows you to leave more of your assets to your beneficiaries, not the government. The above considerations are just a few of the factors we examine when drafting an appropriate estate plan for you. Whatever your estate planning needs, Hoover Heydorn & Herrnstein is here for you.
Probate and Trust Administration
In addition to estate planning, we assist you through probate and trust administration when a loved one passes away. Our goal is to make this process easy for you, and we treat each client with care and concern. Thanks to recent changes in probate law, probate administration can be quicker, more efficient, and less costly. There are many types of probate administrations. We will guide you through the appropriate process to save you time and money.
We have earned a reputation for providing honest and straightforward legal representation. When you are ready to discuss your future, contact John M. Herrnstein at Hoover, Heydorn & Herrnstein and take advantage of his experience.