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(614) 918-4369

The Law Office of Charles H. McClenaghan
3956 Brown Park Drive, Suite B
Hilliard OH 43026

BEST ESTATE PLANNING ATTORNEY IN HILLIARD, OHIO

Charles H. McClenaghan Bio Image Hilliard Ohio Estate Planning Attorney
  • Wills and Trusts

  • Powers of Attorney

  • Living Wills

  • Advanced Directives

  • Tax Minimization

  • Probate Avoidance

  • Special Needs Planning

  • Asset Protection

  • Medicaid

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The Law Office of Charles H. McClenaghan

3956 Brown Park Drive Suite B
Hilliard, Ohio 43026

Phone: (614) 918-4369

WHAT OUR CLIENTS SAY ABOUT US

How Hilliard Estate Planning Attorneys Can Help You.

Hilliard Estate planning is the process of managing and parceling out an estate to reduce the taxes owed and to transfer assets to beneficiaries after someone dies. The goal being that all of your financial wishes are met upon your death and are not determined by a court.

hilliard ohio stationEstate planning attorneys have a comprehensive understanding of the probate process in your state, as well as up-to-the-minute knowledge of estate tax laws. They will help you ensure that your final wishes regarding the distribution of your estate, as well as your health care and life support wishes, are carried out.

Estate planning attorneys can help you regardless of whether you want to draft a simple will for a small estate; to change an existing will so that it reflects a change in your financial status; to establish a living trust; or to set up an estate plan which includes a will, trust, and your health care and life support directives.

Your estate planning attorneys will help you determine, from the existing state of your financial affairs, including your investments, real estate holdings, and personal property, what your estate planning goals should be. They will help you get a realistic picture of the potential needs of your survivors, and elicit a clear understanding of your final health care desires.

With that information, estate planning attorneys can then explain to you the best alternatives for seeing that your estate is handled as you wish. They will not only discuss wills and trusts; they will present options which you can employ immediately to lessen the taxes and probate costs on your estate.

Hilliard Estate planning attorneys can also advise you as to whether or not any personal changes in you life will require a change in your estate plan. If for instance, you are widowed or divorced, in you later years, and considering remarriage, you should be aware that there may be consequences for your estate.

Should you remarry late in life, you and you spouse will be responsible for the costs of each other’s long-term health care should one of you be placed in a nursing home. Those costs be a significant drain on you, or you future spouse’s, assets.

If you have children from an earlier marriage and intend to remarry, changing your estate plan so that you will include your new spouse among your heirs, there is a possibility of conflicted feelings among your children. Estate planning attorneys can suggest ways in which you can begin to distribute the assets you intend to leave to you children assets among your children during your lifetime without it causing tax consequences.

Estate tax attorneys will draft and execute all the legal paperwork, including your will, living or testamentary trust, health care directive, and powers of attorney which are necessary to carry out you wishes. They will also do the research needed to make sure that the tax consequences to your estate are minimized, consulting with tax experts if needed.

Steps In Planning Your Hilliard Estate

The first of these is to get your documents in order. You will want the names and addresses of all parties that are associated with your assets. Bank account information, pension and retirement plans, insurance information, household inventory lists, debt list, etc. are all things you will want to bring to a meeting with your estate planning attorney. You want to provide as much information as possible so they can prepare your estate plan as well as possible.

When seeking out an estate attorney, there are some things you will want to ask. You will need to know how much they charge for their services, how best to reduce your tax requirement after death, are there any apparent problems with your wishes, are arrangements in order for children, and how often should my will be updated? These are all things you will want to cover initially before beginning your plan.

Benefits of An Estate Plan

One of the largest benefits of having a plan is reduced estate taxes. Considering that you will be provided with the opportunity to gift assets such as stocks or gifting interests that are related to corporations, this will enable you to lower the value of your estate. Due to the fact that once these assets are gifted, they can no longer be held against the value of the estate, the property taxes will inevitably decrease.

Another benefit to acquiring an attorney for your estate needs is that it will provide individuals with the opportunity to keep their family members from having to spend a copious amount of money relating to taxes, litigation expenses, and other unnecessary expenses that may arise. With the opportunity to discuss your estate planning with a certified lawyer you will be able to ensure that all extra costs will not affect those within your family.

These professionals know the ins and outs of the court system so that all paperwork is fulfilled completely and on time. There is a formal process for carrying this legal documentation through the court system, which experienced estate attorneys will fully understand and can simplify into terms their clients can appreciate.

Estate Attorneys Take Planning To The Next Level

An experienced lawyer knows and understands all that is required so that your assets are completely protected in the case of illness or even death. Hiring an estate planning attorney that has completed cases like yours before can also speed-up the process and reduce the learning curve. Nobody wishes to spend months getting their information together should there be a serious accident in the future.

The complexity of most legal documentation is why ninety-five percent of individuals hire estate lawyers for their paperwork. Most do not wish to face the possibility of losing assets, including that of money and belongings, due to miscommunication or lack of knowledge of court procedures. All of these items are specific to each specialist, due to the work it took to acquire the knowledge. Speak to several professionals prior to hiring the one you and your family feels best suits your needs.

What Types Of Situations Do These Professionals Handle?

The types of cases that these particular legal professionals take on is completely dependent on the firm, their availability and their willingness to take on a particular planning situation. Working on the fine details of a life and after-life planning day in and day out can easily and quickly become a full-time job. Therefore, it is often necessary for most of us to hand-off the responsibility to someone who can put their complete effort into it.

It’s important to note that these proceedings are also an ever-changing legal process. What was legal and protective one year may have changed due to federal or state regulations the next year. To fulfill all paperwork and legal notations required can take anywhere from a few short days or weeks before everything is complete. Be patient and understand that good legal work does take time and proper filings.

Hilliard Ohio Estate Planning Attorney Bar Association

Information about Hilliard Ohio according to wikipedia:

Hilliard is a city in Franklin County, Ohio, United States. The population was 28,435 at the 2010 census with a census estimate of 31,012 in 2013. It is a suburb of Columbus, Ohio and part of Norwich Township. Hilliard is the home of the Early Television Museum.

In 1852, John Reed Hilliard bought 10 acres (40,000 m2) of farmland in western Franklin County, Ohio from Hoseah High and Abraham Wendell. Geographically, the Hilliard area is between Big Darby Creek on the west and the Scioto River on the east.[9] Originally called Hilliard’s Station, the town grew around the railroad route of the Piqua and Indiana Railroad station, which bisected the former Hilliard farmland. Hilliard’s Station served as an ideal shipping point for agricultural products going to market and supplies coming to the farmers in the area. The original Hilliard area was platted by John Hilliard on September 1, 1853.

Until the mid 20th century, the railroad station and Main Street were the town center. In 1854, a post office was established in Hilliard’s Station and the word Station was dropped from the town name. The Village of Hilliard became incorporated on July 13, 1869 with a population of 280 residents. In 1886 the first railroad station was located on the north side of the tracks, west of Main Street, and remained there until 1962 when all railroad services ceased. The original train station has been restored and remains in Hilliard’s historical Weaver Park. The original platted area contained a mix of residences and businesses of varying ages and architecture.

The construction of three large residential subdivisions in the 1950s brought explosive growth to Hilliard. The connection to the Columbus regional sewer and water systems in the 1960s opened up the area to development. The Village of Hilliard gained city status officially from the Ohio Secretary of State by attaining a population of 5,633 on December 12, 1960.

With the completion of the I-270 outerbelt in the 1980s, a second wave of explosive growth came to the area. Land uses in Hilliard continue to be a mix of residential and commercial development. A rich heritage of residential structures and architectural styles can be found in the historic district along Norwich Street

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