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Making Plans

September 2015
If you want to feel rich, just count all of the things you have that money can't buy.
~Anonymous~
With Gratitude

With the passing of the anniversary of the horrible tragedy of September 11, 2001, I am reminded that so many of the blessings in my life are made possible by the love and sacrifice of others.  Many of you and your family members are active or retired military, firefighters, health care workers, police, teachers, social workers, and in other fields where you give of yourselves every day to serve, protect, care for and support others. Thank you!

5 Rights that Trust Beneficiaries Have
As a trust beneficiary, you may feel like you are at the mercy of the trustee, but depending on the type of trust, trust beneficiaries may have rights to ensure the trust is properly managed. 
Aging.gov: A New Resource for Older Americans and Their Families
More than 10,000 people turn 65 in the U.S. every day according to Aging.gov  (http://www.hhs.gov/aging/), a new website recently launched by the Federal government. The goal of this website is to act as gateway for older Americans and their families, friends and caregivers to locate information about leading a healthy lifestyle, options for health care, preventing elder abuse, and retirement planning.
Decanting:  How to Fix a Trust That Isn't Getting Better with Age
While many wines get better with age, the same cannot be said for some irrevocable trusts.  Maybe you're the beneficiary of a trust created by your great grandfather seventy years ago that no longer makes sense.  Or maybe you created an irrevocable trust twenty years ago that doesn't work as it should.  Is there any way to fix an irrevocable trust that has turned from a fine wine into vinegar?  You may be surprised to learn that under certain circumstances the answer is yes, by "decanting" the old broken trust into a brand new one. 
Is It Time to Take Action?
Contact us and find out how easy it is to set your estate plan up. You'll sleep better at night knowing things are taken care of the way you want.
Welcome!

Elizabeth Schmitz practices estate planning, probate and elder law.  She guides families and individuals as they provide for themselves and their loved ones during all states of life.
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Elizabeth Schmitz, Attorney At Law
1900 Polaris Parkway, Suite 450
Columbus, OH 43240
614-785-4980
eschmitz@eschmitzlaw.com