FAQ
Frequently Asked Questions
What is an estate plan?
An estate plan is a culmination of everything you own. This could include real estate, investments, bank accounts, vehicles, life insurance, personal items, and more. The purpose of making an estate plan is to ensure your assets get to the people you choose with minimal income, gift, and estate taxes.
What is a trust?
A trust is a fiduciary arrangement where one a party (The Grantor) gives another party (The Trustee) the right to hold the asset(s). There are different types of trusts available. It is best to book an appointment to discuss your unique situation and advise which trust type fits your needs.
Who benefits from estate planning?
While many people think estate planning is just for the wealthy, the truth is that everyone benefits from some estate planning. Whether you create a will, trust, or a combination of estate planning tools, an estate plan will ensure your assets are passed to your loved ones.
What areas of law do you practice?
Pfieffer Law specializes in estate planning, estate and trust administration, asset protection planning, business law, and real estate law in Ohio. Andrew Pfieffer helps his clients plan for the unexpected and inevitable at all stages of their lives.
How much does an attorney cost?
The cost of an attorney varies by the service. It is best to schedule a free consultation so attorney Andrew Pfieffer can understand the type of service(s) you need. Pfieffer Law is transparent about legal services’ costs so you can plan accordingly.
I've lost a loved one. How does probate work in Ohio?
There are three phases of Full Administration Probate in Ohio. First is the initial filing phase, followed by the inventory and appraisal phase. Lastly, there is the accounting phase. Attorney Andrew Pfieffer has created a Full Administration Probate Series via his YouTube channel to help people better understand the process. Please reach out for a free consultation to discuss your unique options.