Jenkins Fenstermaker, PLLC

Local: 304.521.4571

Toll Free: 866.617.4736

Quality. Dedication. Service.

Wills, Trusts, and Estates Archives

Estate Planning Goals Are New Year's Resolutions You Can Keep

The conversation is sure to turn to resolutions as we are preparing for a new year in the tri-state area of West Virginia (WV), Kentucky (KY), and Ohio (OH). Many of us will make resolutions, but few will keep them. Prioritizing your estate planning goals in the year ahead is actually relatively easy to achieve. When you make estate planning your resolution, you set yourself up for success that extends beyond the satisfaction of keeping a New Year's resolution.

Parent Access to Grades Can End When College Begins

Parent access to grades is a specific area of concern for parents and guardians of college students, especially when funding all or part of a student's education. Call it helicopter-parenting or just a vested interest, but many parents and guardians have good reasons for keeping track of a student's progress, especially during the critical first year of college. However, they may be surprised to learn that access to their student's grades is not automatic.

Charitable Estate Planning in WV, KY, and OH

Often, people wish to make charitable giving a part of their legacy. Some prefer to contribute generously to charitable organizations during their lifetimes, when they can see the impacts of donations firsthand. Others favor the option of making a charitable bequest to be distributed upon their death. Many choose a combination of both. Whatever timing you prefer, charitable estate planning can help you maximize the financial benefits of philanthropy for yourself and your heirs.

Estate Tax Planning Techniques

Upon your death, you probably hope to distribute the wealth you have accrued over your lifetime in a way that is meaningful to you and your loved ones. Anticipating the tax responsibilities that will be placed on your estate and its beneficiaries--and using effective estate tax planning techniques--can help minimize estate taxes and ensure that you leave behind the legacy you intend.

When to Apply for Guardianship in WV

When adult children, parents, or other loved ones become unable to make important decisions or care for themselves, the decision to pursue legal guardianship for adults can be very difficult. Adult guardianship can be restrictive to the rights of the protected person and places significant responsibilities on the appointed guardian. Understanding guardianship laws in West Virginia (WV) can help you decide if and when to apply for guardianship in WV.

The Benefits of DAP Trusts for CPAs and Accountants

Accountants, including certified public accountants (CPAs), are intimately involved in the financial lives and well-being of their clients. Despite conscientious adherence to best practices, blame can fall on the accountant when a client suffers a financial misfortune. The ability to protect personal assets when allegations of professional wrongdoing are made is one of the benefits of DAP trusts for CPAs and all accountants.

Understanding Adult Guardianship in Ohio

According to a recent study from Miami University, adult guardianship in Ohio is on the rise, and many family members and friends are tasked with the important job of becoming a guardian for a loved one who needs assistance with self-care or managing financial matters. The study found that 70 percent of the guardians are family members or friends of the person under guardianship (the "ward").

West Virginia Adult Guardianship: Investigating the Options

The law in the United States is often crafted around protecting the interests of those who cannot protect themselves. The West Virginia Guardianship and Conservatorship Act addresses just such a person--a "protected person" who cannot legally take care of him- or herself and who may need the assistance of an appointed guardian for personal care and concerns or the assistance of a conservator for financial decisions. Investigating the options, however, can be daunting. Those seeking to help a loved one incapable of tending to his or her own self-care or matters often have questions about what kind of guardian is needed, what forms to fill out, what court makes guardianship decisions, and what kind of qualifications a guardian needs to have. A West Virginia guardianship lawyer knows the ins and outs, of course, but if you find yourself needing to investigate the options for caring for an adult in need of assistance, it is helpful for you to have a general understanding of adult guardianship and conservatorship, too. Continue reading below to find out more.

Legal Guardianship of an Adult: What You Need to Know

Guardianship is a means by which you can become legally responsible for managing the care of a disabled or incompetent adult. Guardianship grants only specific rights and responsibilities related to the care and concerns of that individual. Understanding what guardianship entails and familiarizing yourself with the process to obtain it are essential to successful transitions in these situations.

DAP Trusts and Asset Protection for Physicians

Physicians dedicate their lives to acquiring the knowledge and skills to help others and to building a practice and reputation. These efforts often offer substantial personal and financial rewards. However, those who work in the medical field also endure a high risk of personal liability. Asset protection for physicians is an important part of financial and estate planning.
Jenkins Fenstermaker, PLLC Best | Client Recommended | 2019