Kathryn T. Joseph & Associates, Inc.

January 2018 Archives

Long-term care planning for senior citizens

Planning for long-term care is an important consideration for aging Ohio residents. It is a good idea for adults who are approaching retirement to have a conversation with their children about their plans for retirement and what should happen in the event of a serious illness. This conversation should include financial planning, estate planning and who should make important decisions about the senior citizen's long-term care.

Estate planning and bitcoin accounts

Whether or not they already have estate plans, some Ohio residents may not consider digital assets as part of an estate. However, these assets, which range from social media accounts to bank accounts online, are numerous and can be valuable. A bitcoin account could be among the most valuable of these types of assets.

How and why to choose a professional trustee

There are a number of reasons that Ohio residents might want to appoint a professional trustee. They might not have any immediate family, or there could be more conflict between immediate family members than anyone is willing to deal with while trying to administer the trust.

Tips for long-term care planning

Ohio adults might want to think about long-term care planning since, according to the U.S. Department of Health and Human Services, around 70 percent of people at or older than 65 will need some type of long-term care. Women are more likely than men to end up in a long-term care facility.

What Will Happen To Your Pet If You Die First?

It’s not a pleasant question to ask yourself, but if you were to unexpectedly expire in an automobile accident, what would happen to your fur baby? Many of us think that close family members of friends would carry on the care and nurture of our pets, but sadly, in reality, that is not the case.

Estate planning for all

One of the most common reasons people delay creating an estate plan is the misconception that it is meant only for wealthy people. However, Ohio residents should know that they should develop an estate plan regardless of their wealth status. People who die without a plan in place may subject any finances or other possessions to court costs and other fees.

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Kathryn T. Joseph & Associates, Inc.
Executive Commons West
29425 Chagrin Blvd.
Suite 305
Cleveland, OH 44122

Toll Free: 888-335-6650
Phone: 216-245-0504
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