If you’re an Ohio resident concerned with the medical care of a loved one, you should be familiar with Ohio’s laws regarding power of attorney. A financial power of attorney, also known as a durable power of attorney, is a legal document an individual (the “principal”) can use to appoint someone (the “agent”) to act […]
As an estate planning attorney, many people ask me if probate is really necessary. The short answer is no, and I often advise my Cleveland, Ohio estate planning clients to avoid probate if at all possible. But what is probate? And, why should it be avoided? Here’s a quick synopsis to answer these questions. What […]
Annuity-Based Long-Term Care and the Pension Protection Act of 2006 Medicaid and long-term care are unquestionably a hot topic. Estate planning and Medicaid planning attorneys have long been waiting for an opportunity that would allow those wishing to enroll in Medicaid to shelter all or a portion of their savings – legally! Cleveland, Ohio estate […]
Medicaid Planning – Important Considerations When Choosing a Long-Term Care Plan It’s no surprise that Medicaid planning has been a widely discussed topic considering the overwhelming cost of nursing home care. For example, the average daily cost of care in the Midwest is approximately $135 per-day. In Ohio, this same care is around $203.00 per-day. […]
Client Review
Daniel Baron reviewed our Trust, Wills and HPOA. He provided good feedback as to what needed updating and any necessary additions to the documents. We didn’t have a FPOA which thanks to him we now have. He was able answer any questions we had and proved to be very flexible to accommodate our schedules when […]
The Cavaliers have finally cashed in, the curse is broken, and Cleveland is rejoicing! Many Cleveland businesses are experiencing record profits, and with the Republican National Convention around the corner, the boom is expected to continue. You’ve been working long hours, picking up the slack, and you’d like to cash in on your efforts. How […]
Estate Planning Solution of the Week: Health Care Proxy What is a Health Care proxy? How does that differ from a health care agent? And what is the distinction between a health care proxy and a medical power of attorney? The quickest answer is that all three terms are used to refer to someone who […]
Changes in Ohio Power of Attorney Laws If you’re an Ohio resident concerned with the estate plan or medical care of a loved one, you should be familiar with Ohio’s laws regarding power of attorney. Cleveland, Ohio estate planning attorney Dan A. Baron offers the following: What is a financial power of attorney? A financial […]