Contact Brent  (513) 322-2061 or brent@kohlhepplaw.com

COMPREHENSIVE ESTATE PLANNING

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COMPREHENSIVE ESTATE PLANNING

Proper comprehensive estate planning can be a powerful thing. Among other things, you can use estate planning to prevent future family conflict, motivate individuals to act in certain ways, specifically designate who gets what when, and if any conditions must be met before distribution. In essence, proper estate panning helps you control your legacy. It also gives you the peace of mind to know that your loved ones will be taken care of exactly according to your wishes, and that they will not have to deal with the stress that can come with making decisions for you. Additionally, it is very important to understand how your estate planning decisions may result in unintended circumstances.

Estate planning can involve many different plans of action, and is not limited to distributing your assets after death.   There are four main goals usually associated with estate planning:

  1. Reduce estate taxes.
  2. Avoid the costs and time associated with the probate court.
  3. Make sure your estate is distributed according to your specific wishes.
  4. Ensure you are treated the way you want to be treated if you are incapacitated.

If you want to save your loved ones time, money, and stress in the future you need to consider an estate plan. This does not necessarily mean you need to spend a lot of time and expense on complicated documents. Often, probate can be avoided by simply re-titling accounts, certificates, or titles. Simple actions can be taken that cost very little, yet will save your heirs time and money in the event of your death.

Estate planning also includes making sure you are taken care of while still living. You may want assistance dealing with your financial or health related decisions. You will also want to decide now how you want to be treated in terms of living arrangements and medical treatment in case you are unable to communicate those wishes in the future.

Contact Brent (513)-322-2061 or brent@kohlhepplaw.com for a Consultation