Tag: incompetent

Explore Medicaid Planning Before it’s Too Late

When is it too late for Medicaid Planning?

Generally, if there is money left to be saved then there is planning that can be done.  However, if you become incompetent then there is little that can be done to save financial assets titled in your name.

What does it mean to be incompetent?

According to Ohio law, a person is incompetent if he is so mentally impaired as a result of a mental or physical illness or disability, or mental retardation, or as a result of chronic substance abuse, that the person is incapable of taking proper care of the person’s self or property or fails to provide for the person’s… Read the rest

How do I get Appointed Guardian of an Incompetent?

An Application must be filed in Probate Court in the county where the prospective ward (the person needing the guardianship) resides.  The applicant/prospective guardian must be a resident of the state of Ohio.  Each county has its own set of forms for this process.  However, all applications include a statement of a guardian’s willingness to perform the task and an evaluation of the ward’s mental and physical condition by a physician, psychiatrist or licensed psychologist.  A bond must also be posted by the applicant/prospective guardian.  In addition, the prospective ward and all next… Read the rest