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Protecting Your Family and Assets Doesn't Have to Complicated.

Do You Need a Trust?

The majority of people mistakenly believe that you have to be rich to have a trust – that is completely false.  Although a trust isn’t for everyone, 99% of trusts are created for non-financial concerns that may greatly benefit your family and loved ones.   Protecting your home, retirement, and what you’ve spent a lifetime trying to build, doesn’t have to be complicated – it simply requires a little bit of effort and estate planning.   If you’re unsure whether a trust planning strategy is right for you, take our trust questionnaire or visit our main webpage at: is a domain used by an Ohio law firm, Baron Law LLC.  To visit the firm’s main webpage please visit

Wills-Based Planning

A Will-based plan is a foundational option typically for young and single individuals with less than $500,000 in combined assets.   For those with children, this plan is often coupled with guardianship provisions outlined in a Testamentary Trust.  The Will-based plan also addresses an individual’s living will, power of attorney, and beneficiary designations.

Trust-Based Planning

The Trust-based plan implements everything covered under the Will-Based plan while also proving asset protection and probate avoidance.   The size of an estate does not always dictate the need for a trust; however, individuals with $500,000-1,000,000 often implement some form of family trust.

Advanced Tax Planning

This trust-based plan includes estate tax strategies through advanced tax planning solutions.  It is recommended for those with a net worth of $10 million or more.  Depending on the individual’s needs, this plan may include an irrevocable trust and entity creation.  This plan is coupled with ongoing maintenance plan agreements including trust funding customized to the individual client.

Planning for Married Couples Using Portability and Bypass Trusts

Planning for Married Couples Using Portability and Bypass Trusts  As Seen Published in the Cleveland Metropolitan Bar Journal Significant expansion of the federal estate tax exclusion has dramatically changed how estate planning professionals plan for married couples.   In 2000 when the federal estate tax exclusion was merely $675,000 and federal tax rates peaked at fifty-five […]

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Top Reasons For Needing a Trust

Top Reasons For Having a Trust When creating an estate plan, the biggest mistake people make is thinking they need to be rich in order to have a trust – that is completely false.  If you’re not Warren Buffet, you may still have other non-monetary reasons for creating a trust like asset protection, control, tax […]

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