Estate Planning Lawyer Lancaster, Ohio
Your Lancaster, Ohio Estate Planning Lawyer
The Jarvis Law Office helps its clients in Lancaster, Ohio, create estate plans that protect against incapacitation, address healthcare needs, and honor their wishes after their passing.
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Estate Planning in Lancaster, Ohio
Are you aware that if you die without having established a solid estate plan, it’s considered dying “intestate?” This means the state of Ohio will dictate what happens to your assets. Even more troubling is that if you’re a parent of minors, the state will decide their guardian. Don’t let the state make these crucial choices for you, contact a reliable and knowledgeable estate planning attorney in Lancaster, Ohio.
Jarvis Law Office understands that estate planning isn’t the most comfortable topic, and we make the process as painless as possible. Once our Lancaster estate planning lawyer finishes, you will feel a sense of relief. It’s much easier to face the future when your estate plan is in place.
What’s Involved In An Estate Plan?
Our Lancaster, Ohio, estate planning lawyer will customize your service. Common components include:
Your estate plan will protect you today and in the future. Contact an estate planning attorney today for more information.
Wills And Trusts
No matter how big or small your estate is, your lawyer may suggest preparing both a will and a trust. A will offers a roadmap for your estate after your death, outlining who gets your assets and who looks after your dependent children. Your will must undergo probate before your heirs can inherit your assets. Wills are only activated upon your death, so you can adjust or nullify them whenever you choose. Your Lancaster, Ohio, estate planning attorney stands ready to help you compose a new will or revise an old one.
A trust also lets you choose who will receive your property after you pass away and how they receive their inheritance. Trusts have various benefits, including privacy. Unlike wills, they don’t go through probate, so your assets don’t have to become a matter of public record. Numerous types of trusts serve different purposes, including the ability to protect your assets from the extraordinary cost of long-term care or to shield assets from creditors. Your Lancaster estate and elder care planning attorney can advise you on the type of trust you need, if applicable.
Healthcare Power Of Attorney
Your Lancaster, Ohio, estate planning lawyer will also facilitate the creation of a healthcare power of attorney. This document allows you to designate someone who will make decisions on your behalf if you’re unable to do so. This person will then act for you if you become incapacitated.
It’s important to draft a healthcare power of attorney now, even if you’re in good health. Then, if something unexpected occurs, all the legal paperwork will have been taken care of, sparing your family from having to seek court intervention for decision-making authority.
By drafting this document now, you can name decision-makers and beneficiaries. When choosing who will assume decision-making, select someone you trust to act in your best interest and honor your wishes.
Support Children With Special Needs
A Lancaster, Ohio, estate planning attorney can assist you in taking care of a child with special needs. Most commonly, parents form a special needs trust. As such, children with special needs can obtain financial help and other types of assistance without losing out on key government benefits. It’s a fine balance between assisting your child and inadvertently causing them to forfeit these valuable benefits. Seek guidance from a Lancaster estate planning attorney to ensure your child is well-equipped now and in the future.
Asset Protection
Interested in safeguarding your assets for the succeeding generation? Your estate planning and elder care lawyers in Lancaster, Ohio, can map out an asset protection plan for you. This might involve setting up a business entity, putting together a domestic asset protection trust, or drafting a tailored approach to cater to your asset protection needs. After examining your situation and talking through your objectives, the attorney can suggest the most appropriate strategies for moving ahead.
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Why Choose Jarvis Law Office?
- Free Consultation – Discuss your needs during a complimentary consultation with Jarvis Law Office. We can consult virtually, so you don’t have to visit the office.
- High Satisfaction Rate – Our clients have left reviews praising our knowledge, experience, and helpfulness. We have a track record for high-level service and customized solutions.
- Focused Practice Areas – We focus exclusively on the area of elder law.
- Three Convenient Locations – We have offices in Lancaster, St. Clairsville, and Dublin, making it easy to reach clients throughout Central and Southeast Ohio.
- Free Events – Our firm offers free events for Ohio residents. These events cover essential estate planning issues, such as how to pay for long-term care while protecting your assets.
- Family First – We’re focused on family. Our family (yes, we employ several family members in the firm) is protecting yours.
Testimonials
I have worked with Emily at Jarvis Lancaster location and she is very personable, friendly and has “Great” customer service. I would recommend Jarvis Lancaster location to anyone who needs assistance with elder care planning!
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Frequently Asked Questions
An estate plan is a collection of legal documents that outlines how your assets should be distributed upon your death. It’s crucial for protecting your family’s future, ensuring your wishes are carried out, and potentially avoiding probate. Without proper planning, your estate may be subject to lengthy and costly legal processes. As experienced estate planning attorneys, we at Jarvis Law can guide you through this process to ensure your loved ones are protected.
It’s never too early to start estate planning. Major life events such as marriage, childbirth, starting a business, or considering a business succession plan can often trigger the need for an estate plan. However, it’s wise to have a plan in place even if these events haven’t occurred. At Jarvis Law, we offer free consultations to help you understand the importance of early and comprehensive planning and estate administration.
At Jarvis Law, we recommend a comprehensive estate plan that typically includes a last will and testament, revocable living trust or irrevocable trust, financial power of attorney, healthcare power of attorney, and living will. We always adapt our approach based on the unique needs of our clients. Our estate planning and trust administration services include drafting all necessary documents and ensuring they reflect your wishes accurately.
Absolutely. Elder law issues often intersect with estate planning, especially regarding long-term care and Medicaid planning. Our team of skilled elder law attorneys has deep experience in estate planning, elder law, and probate law to protect your loved ones during their golden years. As attorneys experienced in estate planning and elder law, we can help navigate these complex areas, safeguarding your or your loved one’s rights and assets.
The probate process is the legal procedure for administering an estate after someone passes away. The probate process typically involves multiple steps, as many as six, and can be lengthy, costly, and very public. However, proper planning, including the use of revocable or irrevocable trusts established by an experienced estate planning attorney, can help with probate avoidance and minimize the time and expense tied to probate while ensuring your family’s future is protected.
Yes. If you own a business in Ohio, it’s important to include a succession plan in your estate plan. This ensures a smooth transition and operation of the business upon your retirement or death. Succession planning doesn’t have to turn into something resembling a fraught TV drama.
Jarvis Law’s legal services extend to business succession planning. The attorneys in our business law and estate planning practice areas have extensive experience and will work closely with you to develop a comprehensive succession plan that aligns with your overall estate plan and will protect assets and your family members.
Living trusts, whether revocable or irrevocable, hold your assets during your lifetime. Then, upon your death, these trust assets are transferred directly to the beneficiaries without going through probate. This can speed up the distribution process and maintain privacy. At Jarvis Law, our attorneys are skilled in establishing and managing trusts as part of a comprehensive estate plan.
There are many benefits to establishing a trust. But there are also considerations you should be aware of before setting up a trust. Revocable trusts and irrevocable trusts differ slightly with regard to tax-shelter benefits, how they can be modified, and the estate administration. So, speak with one of the experienced estate planning lawyers at Jarvis Law, who can help you understand the differences and make the best estate planning choices for you and your family members.
Without proper planning, your loved ones may face additional legal and financial hurdles during an already difficult time. By working with our experienced Ohio estate planning attorneys at Jarvis Law, you can ensure that your wishes are honored and your family is taken care of according to your plan.
Yes. You can easily schedule a free consultation with one of the experienced attorneys in our estate planning services division by calling (740) 660-6069 or filling out the form on our website. Our team of central Ohio estate planning lawyers is readily available to address any legal issues or concerns you may have and guide you through the process of establishing a comprehensive estate plan.
Please note that the information provided here is general in nature and should not be considered legal advice. It is recommended to consult with an attorney from Jarvis Law Office to obtain personalized advice based on your specific circumstances.