Chardon Estate Planning Attorneys

Assisting Individuals in Chardon with all of their Estate Planning Needs

Estate plans are made up of legal documents that describe how an individual’s assets are to be used and maintained over the course of a person’s lifetime. These documents also describe how various assets are to be distributed when a person passes on – and to whom those assets should be distributed. Some of the most common estate planning documents include wills, healthcare powers of attorney, durable powers of attorney, revocable living trusts, and living wills. 

Estate plans are not a one-size-fits-all deal, and everyone’s needs and circumstances are different. If you are interested in learning more about estate planning for you or your family, you should look no further than the experienced Chardon estate planning lawyers at Niekamp, Weisensell, Mutersbaugh & Mastrantonio, LLP. Our legal team can review your individual needs and set to work on preparing an estate plan that works for you and your loved ones. Please contact our experienced attorneys today for a free estate planning consultation.

The Purpose of Proper Estate Planning

Estate planning is important, not just to ensure the support of your loved ones following your death, but also to make sure that your healthcare and financial needs are taken care of as you grow older. A well-crafted estate plan can also ensure the following, depending upon your circumstances:

• Young families – An estate plan for a young family can help to ensure that the couple’s young children will be cared for and provided for – both financially and physically – in the event that something happens to the children’s parents and the parents are unable to care for them.
• Families with special needs – Some families have young children or adults who are autistic or who have other special needs. Proper estate planning can ensure that these individuals’ special needs are met without having to give up benefits provided by the government, along with other types of assistance for the family member with special needs. 
• Elderly couples – Estate planning for elderly couples can be used to help ensure that their assets are preserved, in the event that one or both individuals suffer from a costly illness or other health condition (or if one or both parties have to go to a nursing home or assisted living facility unexpectedly). Estate planning is also helpful for determining who will receive certain assets when one or both individuals pass away. 
• Parents of young adults – Estate planning documents can also ensure that life insurance proceeds do not go to a child until the young adult attains certain milestones in his or her life, such as marriage, graduation, or buying a first residence. 

Speak with a Chardon Estate Planning Attorney Today

Proper estate planning can be very helpful in determining how assets should be kept during an individual or couple’s lifetime – as well as how those assets should be distributed upon death. The experienced legal team at Niekamp, Weisensell, Mutersbaugh & Mastrantonio, LLP, can review your circumstances with you and craft estate planning documents that suit your individual needs and desires. For a free legal consultation, please contact our Chardon estate planning lawyers today for additional information.