Cleveland, Ohio Estate Planning Attorney

Cleveland, Ohio Estate Planning Lawyer

A power of attorney is a legal document that authorizes someone to act for you. You name someone known as an agent or attorney-in-fact (though the person need not be an attorney) who steps into your shoes, legally speaking. You can authorize your agent to do such things as sign checks and tax returns, enter into contracts, buy or sell real estate, deposit or withdraw funds, run a business, or anything else you do for yourself.

Cleveland, Ohio attorney

Financial Power of Attorney

Usually, we like to feel that we are on top of making our own financial decisions. We pay our bills, transfer money between our accounts and make our investments (good and bad).  But sometimes, this is not possible. Maybe you are traveling to a remote area for an extended period of time. Maybe you have suffered illness or injury and are not up to making these decisions. Maybe you are getting older and finding it more difficult to keep track of your finances. At times like these, you need to grant someone financial power of attorney.  Contact Cleveland, Ohio estate planning attorney Daniel A. Baron at Baron Law LLC.  Cleveland, Ohio lawyer Daniel A. Baron can help you prepare for a successful and prepared financial future.

A financial power of attorney can take effect the day that it is signed and executed. It can be withdraw or changed at any time, as long as you remain competent. Alternatively, it can be executed to be in effect for a specific amount of time (like the period you will be hiking the Appalachian Trail).

A “springing” financial power of attorney becomes effective at a later date. It is triggered by some future event, such as the loss of capacity to manage your own affairs, as certified by a physician or some other designated individual.

A financial power of attorney does not continue after your death. At this time, responsibility for your financial affairs passes to the executor named by your will or, in the absence of a will, by the court.

Baron Law LLC will help you get your future in order – for yourself and for your loved ones. Baron provides a range of estate planning services including: drafting a will, planning for incapacity, probating an estate, obtaining the legal authority to care for someone, trusts, and more. It’s my job to make estate planning, estate administration, and transactional matters easy and less stressful.

estate planning attorney

What Is A Credit Shelter Trust?

Cleveland, Ohio estate planning lawyer, Daniel A. Baron, of Cleveland, Ohio, offers the following information on what a Credit Shelter Trust is and should it be part of your comprehensive estate planning. If you are married and an investor, for example, consider establishing a Credit Shelter Trust. This can also be referred to as an […]

estate planning attorney

Why Do I Need A Guardianship?

Cleveland, Ohio, Estate Planning and elder law attorney, Daniel A. Baron, offers the following information on creating a Children’s Testamentary Trust for your loved ones. Is it the best option for you when creating your estate plan? Most people understand and realize that they should name a Legal Guardian for their minor children. However, many […]

Veteran Benefits

Long Term Care – What Is Available To Veterans

Cleveland, Ohio estate planning attorney, Daniel A. Baron, offers information on Long Term Care assistance for those who have served in our military and including this as part of your Estate Planning: For those of you who have served in any of our armed forces, Thank You! Because of your bravery and sacrifice, we still […]

Cleveland Elder Care Lawyer

Why Every Parent Should Establish A Guardianship Within Their Estate Plan

Cleveland, Ohio estate planning lawyer, Daniel A. Baron, offers information on why every parent should establish a guardianship for their minor children within their estate plan:   When is a guardianship necessary? It is customary for the parents of minor children to make any and all legal decisions that are necessary to keep their children […]

Cleveland Elder Care Lawyer

When is a Legal Guardianship Necessary for my Parents?

Cleveland, Ohio estate planning attorney, Daniel A. Baron, offers information on when it becomes necessary to change legal guardianship for your elderly loved one: Legal Guardianship is used when a person is unable to make or make sound decisions about themselves personally or their property. These same persons can likely be or already have been […]

Daniel A. Baron

The Importance of an Elder Law Attorney

Cleveland, Ohio estate planning attorney, Daniel A. Baron, offers information on the importance of having an Elder Law Attorney to help plan for your future: Elder law attorneys are sometimes considered “authorities” as, although they can handle a wide range of other legal issues, they primarily focus on the needs of older adults and also […]

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Long Term Care – Paying for the Nursing Home

Cleveland, Ohio estate planning attorney, Daniel A. Baron, offers the following information on the paying for Long Term Care and incorporating it into your Estate Planning: There are misconceptions regarding Long Term Care and who is responsible for paying for any care. This information may be used for informational purposes only.  For more information, or […]

cleveland, ohio attorney

When Should You Start Planning For Long Term Care?

Cleveland, Ohio estate planning attorney, Daniel A. Baron, offers information on when you should start planning for Long Term Care and including this as part of your Estate Planning:   When should you start planning for Long Term Care? If you are under 50, the answer is – “there is no time like the present”.  […]

AN AB Trust – What are the benefits for your estate?

Cleveland, Ohio estate planning attorney, Daniel A. Baron, offers information on an AB Trust and the benefits realized from including this as part of your Tax and Estate Planning: For Tax and Estate Planning purposes, as a married couple, maximize the use of your Federal Estate Tax Exemptions through the utilization of an AB Trust. […]

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The Definition and Role of an Executor of an Estate

Cleveland, Ohio estate planning attorney, Daniel A. Baron, offers the following information on the Definition and Role of an Executor of your Estate.   Being named and then carrying out the duties of an executor can be one of life’s most frightening tasks however; keep in mind that this is also an honor. Being named […]

Cleveland Estate Planning Attorney

What is a Trust Protector?

Cleveland, Ohio estate planning attorney, Daniel A. Baron, offers information on a Trust Protector and their Role and benefits realized as part of your Comprehensive Estate Plan: Who is a Trust Protector? As it sounds, a Trust Protector is appointed to oversee the assets in the trust and to protect against the trustees so that […]

Estate Planning Attorney

What Recourse Do I Have if My Power of Attorney is Stealing From Me?

Cleveland, Ohio estate planning attorney, Daniel A. Baron, offers the following helpful answers to Powers of Attorney: Can the Power of Attorney be used by the agent to take my money or property without my permission? Unfortunately, you can run the risk that the agent you choose to give your Power of Attorney could abuse […]

estate planning attorney

What’s the Difference Between a Living Will and Last Will and Testament?

Cleveland, Ohio estate planning attorney, Daniel A. Baron, offers the following helpful answers to your questions about the difference between a Living Will and a Last Will and Testament. Confusing these terms happens quite frequently as there are those that think that these are one in the same, however, they are entirely two distinct legal […]

Living Will

Do I need a Living Will?

Cleveland, Ohio estate planning attorney, Daniel A. Baron, offers the following regarding living wills: Before you can answer this question you must first understand what a Living will is and what purpose it serves. A Living Will is one form of Advance Directive which clearly defines your wishes for medical care should the following occur: […]

Estate Planning Attorney

What Is a Power of Attorney and Do I Need One?

Cleveland, Ohio estate planning attorney, Daniel A. Baron, offers the following helpful answers to Powers of Attorney: What is a Power of Attorney? A Power of Attorney is a legal document you use allowing another designated person, of your choosing, to act on your behalf. It is a legal relationship in which you are the […]