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Estate Planning
Knowing where to go for council can seem like a daunting task. The trick is in determining who you can trust to do the right thing for you, ensuring your unique needs are being addressed versus using standardized documentation, finding someone that understands planning outside of just law but your taxes and wealth as well, the list goes on and on. At the Law Offices of Larry G. Copenbarger, I understand these concerns as I’ve been practicing law for over 20 years, serving both families and professionals alike making sure all of these areas are addressed and more. We cover a wide array of important needs including:
- Estate Planning
- Tax Planning
- Legacy Planning
- Business Purchase
- Asset Protection
- VA Benefit Counsel
Purpose for Estate Planning: There are specific legal processes that must be adhered to for transfering property. If you give away assets during your lifetime including money or cash, you may be subject to a Federal Gift Tax. Additionally, when you die you or your estate may be subject to Federal Estate Taxes.
A properly designed estate plan works to assure that your assets are distributed according to your wishes after you die. The plan will work to preserve your assests by minimizing any estate taxes or expenses that may estate may be subject to. -
The Question We Answer Most
Having been in practice for over 20 years, we have seem questions from all walks of life and from all kinds of people. But there are some questions that we see year after year without regard to economic conditions.
The #1 Question
Do I really need to do estate planning? After all, we aren’t rich and it seems like so much work. We understand why you may feel that way, but with the changing economy and the threat of some significant tax changes, even a small estate may suffer. And planning isn’t limited to protecting large estates. For many people who have worked their entire lives to create a comfortable retirement, there are very real threats that are ready to steal that dream away.
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LTC Legal Survival Guide
Long-term care is a situation we may find ourselves in, usually later in life that can include a variety of services. This can include but is not limited to medical and non-medical care to people who have a chronic illness or disability. The care provided can be used to assist with health or certain personal need.
Long-term care and its professions considers a”ctivities of daily living” (eating, dressing, bathing, sing the bathroom, transfering and continence) Care can be provided at home, in the community, in assisted living or in nursing homes.
Although Long Term Care in normally associated with those who are advanced in age, it can be required by anyone at any age.