PROTECT YOUR HARD-EARNED ASSETS
You have worked hard in earning and building your assets. That is why it is so important to take the necessary steps in protecting them. Whether you are interested in wealth preservation, family inheritance planning or long term care planning, the experienced Ohio lawyers at the law firm of Schulze, Howard & Cox, are here to help you.
At the law firm of Schulze, Howard & Cox
, we can help you create an estate plan that will protect and preserve your interests in the future. We have the experience and legal knowledge necessary to understand the legal ramifications of your specific circumstances and to guide you through effective solutions to avoid the cost of probate and reduce any potential tax liability. In addition, our law firm consults with financial professionals, including accountants, insurance agents and financial planners, who can help us assess your assets.
Contact us and consult with a skilled Ohio asset protection lawyer about your legal issues.
Call 937-644-3849 to schedule a consultation.
ASSET PROTECTION PLANNING
As of March 27, 2013, asset protection has become a more attainable objective of estate planning with the passage of the Ohio Legacy Trust Act which allows for the creation of a domestic asset protection trust. Domestic asset protection trusts are irrevocable trusts which protect assets from creditor claims if certain statutory requirements are fulfilled. Due to the influx of litigation and other unforeseen threats to your assets, there is nothing more valuable than peace of mind in knowing that your assets are protected. Take the right precautions today by making an appointment to review your situation.
LONG TERM CARE PLANNING
Asset protection also includes planning for the need of long term care. Whether it is through the use of insurance, a gift plan or Medicaid Trust, a thorough evaluation of your assets is required before a plan can be implemented. However, if you did not plan sufficiently in advance, we can help you carefully "spend down" your assets in the proper way in order to comply with the strict guidelines of Medicaid.
START PROTECTING YOUR ASSETS TODAY
Learn more about our estate planning
and asset protection services at Schulze, Howard & Cox, located in Marysville, Ohio. Schedule a consultation to speak with a lawyer about your situation and learn what the best options are for your asset protection needs and goals. Call us at 937-644-3849
to get started.
To learn more, please click on our Estate Planning Booklet
OHIO MEDICAID PLANNING ATTORNEYS FOR ALZHEIMERS, STROKE OR LONG TERM MEDICAL CONDITIONSMedicaid Planning for Married Couples Where One has Recently been diagnosed
If you or your spouse has recently been diagnosed with Alzheimers Disease, experienced a stroke or otherwise lost mental capacity you are probably really concerned with the future, and worrying about how you will be able to pay for treatment and medical costs without losing or exhausting your assets. There is help available to you. The compassionate and experienced attorneys at Schulze Howard & Cox will work with you to evaluate your unique situation and help you to identify options for the future. Options you can live with.
How Can We Afford To Pay for the Care that's Needed?
The cost for a nursing home can easily exceed $75,000 per year, resulting in a huge financial obligation for the family. The good news is that the right legal strategy and planning can help to minimize the impact on the assets you control and the benefits to which you have access. Contact us today so that we can begin to discuss several important planning steps such as:
- The process of Medicaid planning and the structuring of your home and assets
- Short and Long Term Estate Planning to Ensure Maximized Tax Advantages and Medicaid Eligibility
- Important Financial and Health Care Powers of Attorney, and authority to manage property and asset decisions
- How the improper gifting of money and assets to children can adversely affect your qualification for Medicaid
- How you might be able to qualify for Medicaid without a "spend down"
- The difference between Medicaid and Medicare benefits
- Strategies for paying for assisted living or a nursing home as symptoms advance
What is Medicaid Spend Down?
In Ohio, Medicaid benefits can be extremely important to individuals faced with long term medical expenses. Medicaid has strict limits on assets in order to be eligible for Medicaid benefits. Couples and individuals who exceed the limitations must sometimes divest themselves of the excess money and assets, but in a way which meets the strict guidelines before qualifying for Medicaid benefits. It is important to note that there are many options available to maximize the amount of "countable assets" which you can keep, and to help to allow you to stay in your own home for as long as possible.Contact an Experienced Medicaid Planning Attorney for Alzheimers, Stroke, and Long Term Health Care
Our attorneys have the experience necessary to complete estate and Medicaid planning in a responsible and cost-effective manner. For more information about services relating to Ohio Medicaid and estate planning, contact us and speak with an attorney today. Learn how we can help you through this complex and concerning time, and help you to protect what is yours and find peace of mind. Call 937-644-3849
to schedule an appointment.