Estate Planning & Probate

Estate Planning and Probate Attorney

At Cornetet, Meyer, Rush & Stapleton, Co., L.P.A., our estate planning attorneys can give you the peace of mind that comes from a well-made estate plan. We efficiently administer asset distribution after death. In all of our work, we seek to provide asset protection and minimize estate taxes.

Feel free to contact us today to arrange a free initial consultation in person or over the phone.

Almost half of the people in the United States die without a will to administer their estate.

Depending on the size of the estate and the nature of the assets, the estate’s value can be reduced by tens to hundreds of thousands of dollars due to unnecessary taxes and other administrative costs.

An estate plan is a collection of legal documents that define the proper management of assets during life, through disability, and after death. A typical estate plan includes wills, trusts, powers of attorney, and living wills that we customize to the unique needs of our clients.

Additional components may be added as needed such as charitable remainder trusts, grandchild education trusts, income tax planning, irrevocable asset protection trusts, irrevocable trust modifications or terminations, transfer-on-death designations, firearm trusts, and life insurance trusts.

In some cases, the Trusts we prepare for clients are used to limit estate taxes, gift taxes, reduce creditor claims, and provide asset protection related to Medicaid. Our firm helps clients with Elder Law planning to limit the depletion of resources due to nursing home expenses.

At CMRS, we are committed to efficiently administrating your estate or that of a loved one, including the expeditious distribution of assets and the minimization of estate taxes, income taxes, and other expenses. Our firm provides services related to Probate Estate Administration.

We have created a frequently asked question section of the website for Ohio Probate law as well as a summary of opening probate in Ohio.

We also offer advanced estate planning services on topics such as Cryptocurrency, Bitcoin, and Estate Planning, Irrevocable Trust Reformations and Terminations, and Estate Tax Planning: SLAT, GRAT, & IDGT.

We also help business owners look to the future by providing succession planning for businesses.

Here is a list of 30 of the most common Trusts:

1. Revocable Living Trust (RLT).
2. Irrevocable Trusts
3. Simple Trusts
4. Complex Trusts
5. Intentionally Defective Grantor Trust (IDGT)
6. Charitable Remainder Trust (CRT)
7. Charitable Lead Trust (CLT)
8. Irrevocable Life Insurance Trust (ILIT)
9. Stand-Alone IRA Beneficiary Trust
10. Special Needs Trust (SNT)
11. Minor Trust
12. Spendthrift Trust
13. Blind Trust
14. Discretionary v. Non-Discretionary Trust
15. Medicaid Trust
16. Crummey Trust
17. 2642(c) Trust
18. Bypass Trust (B-Trust or Credit Shelter Trust)
19. Qualified Terminable Interest Property Trust (QTIP Trust or marital trust)
20. Dynasty Trust (GST Exempt Trust)
21. Grantor Retained Annuity Trust (GRAT)
22. Spousal Lifetime Access Trust (SLAT)
23. Qualifying Domestic Trust (QDOT)
24. Qualified Personal Residence Trust (QPRT)
25. Incomplete Gift Non-grantor Trust (ING, NING, CING, DING)
26. Domestic Asset Protection Trust – Ohio Legacy Trust
27. Foreign Trust
28. Electing Small Business Trust (ESBT)
29. Qualified Subchapter S Trust (QSST)
30. Pet Trust

Contact the estate planning lawyers of Cornetet, Meyer, Rush & Stapleton, Co., L.P.A.

Estate Planning & Probate Attorneys: John Cornetet, Christopher Diedling, D. Todd Rush, Oliva Smith, & Elliott Stapleton