Best Estate Planning Attorneys in Cincinnati

Frequently Asked Questions

• What is the non-emergency contact number for the local police station in Cincinnati, Ohio?

  For non-emergencies, get in touch with the Cincinnati Police Department by dialing 311 or 513-765-1212.

• Where can I get a copy of police reports for incidents related to my case in Cincinnati, Ohio?

  To get a copy of a police report for an incident in Cincinnati, you can request it online via the Cincinnati Police Department Records Center Portal, in person at the Police Records Section at 801 Linn Street, by phone at 513-352-3559, or via email at cpdrecords@cincinnati-oh.gov. Incident reports can be picked up in person or obtained by mail.

• If a person with a disability in Cincinnati sets up a special needs trust, how does it maintain Medicaid benefits and eligibility?

  In Cincinnati, special needs trust terms restrict when the trustee can disburse funds to the beneficiary. As such, these assets aren't factored into the beneficiary's financial means, ensuring that the government-provided benefits, like Medicaid, based on financial necessity, remain unaffected and uninterrupted. A special needs trust is a legal arrangement wherein you place assets into the trust and designate a trustee for administration.

• How can estate planning help blended families in Cincinnati?

  A blended family in Cincinnati may face more complexities, so estate planning can help minimize inheritance concerns and minimize conflict. Working with an experienced estate planning attorney can help ensure that assets are distributed according to their wishes, allowing their children to inherit while protecting their spouse during their life.

• What is an annuity, and how can Cincinnati residents benefit from it?

  An annuity is a contract where the policyholder pays a lump sum or premiums to an insurance company. In return, they receive a guaranteed income stream for a specified time or the rest of their lives, with the investment managed by the insurer. The first stage is accumulation, which defers growth and allows withdrawals. In the annuitization stage, the contract is exchanged for a guaranteed stream of payments. Interested individuals in Cincinnati can discuss annuity options with an annuity product specialist.

• How does the Achieving a Better Life Experience Act benefit Cincinnati residents with disabilities?

  Through the Achieving a Better Life Experience Act, Cincinnati residents with disabilities can invest and save money without forfeiting their eligibility for specific public benefits. These accounts shield earnings from federal taxes when spent on qualified disability expenses, like housing, transportation, education, and personal care. These accounts are limited to annual deposits ($15,000) and lifetime funding. Disability onset should have transpired before age 26 to open an account. Additionally, the accounts have a Medicaid payback provision.

• What are the provisions for terminating an irrevocable trust in Cincinnati?

  The provisions for terminating an irrevocable trust in Cincinnati are outlined in Section 5801.22 of the Ohio Revised Code. The trustee can use this section when a trust is to terminate due to trust-terminating distributions. The trustee must serve the necessary parties with the required documents. They may also provide these documents and information to other individuals reasonably believed to be interested in the trust.