Estate Planning Lawyer in Southern Ohio and Northern Kentucky
“Do I need an estate plan?” This is one of the first questions people ask us. In almost every case, the answer is a resounding “Yes.” This is because estate planning is a form of financial planning that ensures your assets and belongings are distributed according to your wishes after you pass away. It also helps protect your loved ones from unforeseen legal battles or financial complications.
Estate plans have a variety of purposes that people often overlook. They can be used to name guardians, reduce taxes on what you leave behind, and minimize the chances of family strife. Without an estate plan in place, settling your affairs could have long-lasting and costly consequences for your heirs. This is true no matter the size of the estate. So, if you have assets, dependents, or are married, it’s generally a good idea to work with a lawyer on an estate plan.
Don’t wait to get your affairs in order. Start planning now and make sure your end-of-life wishes are in order. Estate planning is something that people can do on their own (in some situations), but it’s not something everyone does well. Doing it properly requires knowledge of the laws that relate to all aspects of their estate—this may include real estate, property transfers, trusts administration, probate, and more. Hoover Law Group LLC can help you through this process.
Contact our office today if you’re ready to discuss your situation with our estate planning lawyer in southern Ohio or Northern Kentucky.
Estate Planning in Portsmouth, Northern Kentucky, and Surrounding Areas
- Wills
The most basic form of estate planning is creating a last will and testament (or “will”). A will allows you to specify who gets what after you pass, as well as appoint guardians for any minors in your family. Without a valid will in place, state laws may determine how assets are distributed—potentially leaving out certain heirs or giving them more than you may have intended. If you’re married, for example, one thing to keep in mind is that it’s not always guaranteed that your spouse will get everything when you pass. If you want this to be the case, you must outline these wishes in your will (and sometimes take additional steps).
- Trusts
Another key component of estate planning is setting up trusts. Like wills, these are documents that facilitate asset transfers, but they generally grant greater control over asset distribution than wills alone. This is because wills are subject to probate, which is a complicated legal process that can sometimes be a major hindrance to asset distribution. Trusts, on the other hand, help keep assets out of probate. Because of this, trusts offer many tax and legal advantages when compared to wills.
Let Our Estate Planning Lawyer Help You
The decisions you make now regarding your estate can provide you with peace of mind down the road. At Hoover Law Group LLC, our estate planning lawyer helps clients make informed decisions about their future. With over 30 years of experience, Hoover Law Group LLC has helped countless individuals draft strong estate plans that protect their loved ones and long-term financial interests. Our estate planning lawyer can provide you with guidance on how best to manage your assets, as well as help you craft an individualized plan that will ensure your wishes are carried out. We can also help you minimize the time your loved ones spend in probate and can counsel them on probate when the time comes.
Our estate planning services vary from case to case, but may include:
- Drafting wills and trusts
- Probate counsel
- Estate administration
- Coordinating guardianships
- Creating powers of attorney arrangements
- Intestate succession counsel
Estate planning is invaluable for preserving your legacy and generational wealth. No matter where you’re at in the process, we encourage you to contact our southern Ohio and Northern Kentucky estate planning lawyer to discuss your long-term goals.
Let us help you preserve your legacy. Call (888) 709-7887 or message us online.
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She would be the first attorney that l recommend. Michael H.
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She is very friendly and cares about people. Sharon M.
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5 Stars Aladin M.
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Why Choose Hoover Law Group LLC?
Hoover Law Group LLC is passionate about empowering our clients through sound legal counsel. We know that no two cases are the same. That’s why we have dedicated ourselves to providing personalized legal services to residents of southern Ohio and Northern Kentucky for well over three decades. Our experienced attorney has been in law enforcement and has served as courtroom judges, magistrates, and litigators. We’ll use this insider knowledge to represent you in and out of the courtroom and to help you make informed decisions about your case. Trust us when we say that we’ll leave no stone unturned when it comes to pursuing a favorable outcome on your behalf.