Estate Planning / Wills & Trusts

Protecting Your Financial and Personal Decisions

In order to protect your property and personal wishes at the time of your death or incapacitation, you should create a thorough estate plan. Composed of various documents, an estate plan instructs the court and organizes your property. Typically created by drafting a will and creating a trust, an estate plan is important for any family. To learn more about estate planning call the Elyria, Ohio, law office of Berki & Nehr, LLC at 440-323-0687. We help families throughout Lorain and Cuyahoga counties organize their estates.

Protecting Your Financial Estate

No matter the size of your estate, you need to ensure the court understands your intentions as to its administration. Failing to spell out your intention clearly will increase the time and money needed to probate your estate. While many estates require probate, the clearer your intentions are spelled out, the less the court will have to decipher after you die.

Our experienced estate planning attorneys arrange your estate to minimize the tax consequences and the discretion the court has in distributing your property. Transferring property into trusts before you die saves your estate from paying estate taxes. Failing to state who your beneficiaries are forces the court to use Ohio intestacy law in distributing your property. Save your family emotional stress by organizing your affairs now.

Protecting Your Healthcare Decisions

Drafting a living will and durable power of attorney ensures your intentions concerning your healthcare decisions are understood. If you fail to draft these important documents, it forces the court to appoint a guardian to make some very important decisions. The person appointed may not be the one of your choosing. The lawyers of Berki & Nehr, LLC will draft a:

• Living will: This document describes the types of medical treatment you wish to receive if you become incapacitated.
• Durable power of attorney: This document grants authority to another person to make decisions about your finances and healthcare if you are incapacitated.

To learn more about estate planning, call an attorney from Berki & Nehr, LLC at 440-323-0687. Submit your questions to us by filling out the attached contact us form.