Kroener Hale Law Firm
contact Menu
Call 513-716-5940We are here to listen, learn & help

TEXTS ONLY: 513-828-7510

TEXTS ONLY: 513-828-7510

What's the right estate plan for me?

It's estimated by some sources that most people don't have the barest of estate plans in place. That's despite an even larger majority appreciating that such planning is important. This applies in Ohio and every other state.

Why is this? Perhaps it's denial. Maybe it's because many people don't think they have an estate. Or maybe it's that people lack the benefit of experienced counsel to help understand and choose the right legal tools.

To grasp what instrument might be most appropriate for you, consider where you fall on the general demographic continuum. What follows is not comprehensive but can provide insight on where to begin.

Unmarried millennial

If you are a single adult, 30 or younger, you might not feel you have any assets of value. We offer that is a narrow-minded view. First, you probably do have some things of value, even if that value is only sentimental. Second, you probably have loved ones who would cherish those items if you died. Third, it's unrealistic to think death won't happen. At the very least, a simple will could be beneficial.

Unmarried but cohabiting

Those in this life situation should draft a will. Lacking one, your significant other could be left with nothing from your life together if you die. If you have bought major purchases together, such as a home or car, establishing a joint tenancy with right of survivorship protects the other's rights.

You are a parent or guardian

Once again, at least a will ensures that assets go to your offspring in a manner you choose. It also should identify a legal guardian for the children to avoid one being appointed by the court. An additional tool is a life insurance policy on you. The benefits could mean the difference between a stable life and struggles for survivors.

Middle aged

At this age, it's easy to believe a will might be valuable. The good news is that it's never too late. In addition, various forms of trust might be created to reduce taxes and better provide for loved ones.

Frail or elderly

The most pressing issue at this point might be making sure your own healthcare and financial needs are met - especially if you reach a point where you can't make decisions yourself. If you don't appoint someone to handle such things, a court will.

The most important first step in creating any plan is contacting a skilled and caring attorney.

No Comments

Leave a comment
Comment Information

Take Action Today. Call 513-716-5940 To Talk To An Experienced And Compassionate Attorney.

Email Us For a Response

Tell Us More About Your Legal Issue

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Contact information

Kroener Hale Law Firm
101 N. Riverside Dr.
Batavia, OH 45103

Phone: 513-716-5940
Phone: 513-828-7510
Fax: 513-297-7227
Batavia Law Office Map

West Chester Office
9078 Union Centre Blvd
Suite 350
West Chester, OH 45069

West Chester Law Office Map

Cincinnati Office
312 Walnut Street
Suite 1600
Cincinnati, OH 45202

Cincinnati Law Office Map

Texts Only: 513-828-7510

With offices in Batavia, Cincinnati and West Chester, Ohio we serve clients throughout Clermont and Hamilton Counties