Cincinnati Elder Law Planning
Elder Law and Estate Planning
Elder Law Planning is an area of law that focuses on the legal needs of clients in their later stages of life. Elder law generally includes estate planning, retirement planning, Medicaid planning, long-term care, nursing home care and also protecting rights of those in nursing homes.
William Hesch and Amy Pennekamp are elder law attorneys serving the Cincinnati and Northern Kentucky region. They can help you identify elder law planning strategies such as
- how to qualify for Medicaid and file for coverage for nursing home costs,
- how to qualify certain assets as exempt resources for Medicaid eligibility purposes ,and
- how to plan asset transfers to family members that avoid the 60 month Medicaid look back rules.
They work directly with you to create documents and strategies that best suit you and your family’s needs. For example, if you’re older and need help with estate planning, Bill and Amy can help you
- identify whether a revocable or irrevocable trust is needed to protect your assets from creditors,
- minimize probate costs,
- save estate taxes, or
- help you control who gets what and when from your estate, not only when you die but when your spouse dies.
William E. Hesch Law Firm offers a wide variety of services to help assist you in your elder law planning. Our estate planning attorneys explain how Ohio, Kentucky, and federal estate tax laws may affect the assets that are transferred to your loved ones upon your death. We identify specific strategies that can be implemented such as gifting provisions and other strategies to save estate and income taxes as well as to protect your assets from your creditors. It is important to start planning now because advance planning is needed in order for asset transfers to avoid the 60 month Medicaid look back rule. We also offer other estate planning services such as preparing Powers of Attorney for financial decisions, Health Care Power of Attorney, Living Will, and other health care directives to help give you and your family peace of mind that your loved ones can take care of you in the future if you become disabled or incompetent.
Please contact us to arrange a free 30 minute consultation with one of our experienced Cincinnati elder law attorneys to learn more about how we may identify strategies to protect your life savings in your later years from being depleted by your nursing home care costs, estate taxes and probate administration costs as well as seek asset protection from your creditors. We also offer superb Cincinnati retirement planning.