By Daniel A. Perry, Esq. A common misconception that many clients have is that, while receiving long-term nursing home care, all of their assets must be spent down in order to qualify for Ohio Medicaid assistance. In order to address the implications of long-term care, we must first discuss how one qualifies for Medicaid in Ohio. […]
by Daniel A. Perry, Esq. My name is Daniel Perry and as an estate planning attorney, I am granted the unique and rewarding experience of helping families establish the necessary and basic legal protections to protect their family. The type of planning I am going to discuss is not a viable option if you have […]
By Daniel A. Perry, Esq.Today I want to talk to you about the issue that many of my clients face when combining families as the result of a remarriage.Combining households later in life can be tricky. Whether it is remarriage after the death of spouse, or after a divorce, there are issues that must be […]
By Daniel A. Perry, Esq. I was recently speaking with a client who said to me “Dan, I have a simple situation. My financial advisor said all I need is a simple will, powers of attorney, and advanced healthcare directives. My financial advisor told me that since all my accounts have beneficiary designations and my estate […]
By Daniel A. Perry, Esq.This is a question that I address on numerous occasions with many of my clients. Unfortunately, many times, people pick the wrong successor trustee for their living trust.TrustsAs a brief summary, a trust has three parties. First, you have the grantor (sometimes called the trustor or trustmaker). This is the party […]
by Daniel A. PerryOne of the most common questions that I receive from families regarding trusts is whether placing their assets into a trust will protect them from creditors and provide them with protection of their personal assets from loss due to a lawsuit. Although there are hundreds of different types of trusts (revocable and […]
by Daniel A. PerryEvery time I speak with clients regarding setting up and establishing their estate plan including their Last Will and Testament, Disability Legal Documents, and Trust documents (whether they are revocable or irrevocable), I always tell my clients the same thing.“We Can’t Stop Here Now That All Your Documents Are Complete. We Must […]
by Daniel A. PerryAs an estate planning attorney, I speak with families every day regarding a wide variety of their concerns when it comes to estate planning. These concerns range from taxes, to keeping the government out of their private affairs, to avoiding probate, to protecting their children’s inheritance from divorce, to planning for a […]
by Daniel A. Perry, Esq. I was speaking with a family recently following one of my educational events. This family explained to me that for years that they knew they needed to update their previous revocable living trust from five years ago. You see, the husband’s brother, who was going to be the successor trustee […]