Empowering You to Secure Your Family's Future
At the Law Offices of Nirakar "Nic" Thakur, we understand that preparing for the future can be a daunting task, especially when it comes to planning for families with children with special needs. That's why we're dedicated to providing expert guidance and advice to help individuals, families, and caregivers navigate the complex world of estate planning and special needs trust law.
Our Expertise
As a board-certified estate planning specialist and fellow of the American College of Trust and Estate Counsel (ACTEC), Nic Thakur has extensive experience in estate planning, trust and probate law. He has been certified as a specialist in Estate Planning, Probate and Trust Law by the Ohio State Bar Association, making him one of the first attorneys in the state of Ohio to achieve this designation. With his expertise, we can assist families in creating a comprehensive estate plan that meets their unique needs and goals.
Our Services
We offer a wide range of services, including:
- Estate planning for individuals with special needs
- Special needs trusts
- Living trusts
- Guardianship in Ohio
- Trust and probate law
Special Needs Trusts
Planning for families with children who have a disability can be particularly challenging. Our experience in special needs trust law enables us to provide guidance on the types of trusts available to meet the needs of a parent who would like to provide for a child with special needs who is a SSI or Medicaid recipient, without affecting the child's governmental payments.
Trust Options
We will discuss the following trust options available for individuals with a disability:
- Wholly Discretionary Trust
- Community Fund Management Foundation Master Trust
Wholly Discretionary Trust
This type of trust allows the creator to transfer assets to a trust for the benefit of a child with a disability. The trust can be used to protect the beneficiary's governmental benefits, while also providing for the beneficiary's supplemental needs.
Community Fund Management Foundation Master Trust
This trust is a version of the Wholly Discretionary Trust, managed by the not-for-profit Community Fund Management Foundation (CFMF) in Cleveland, Ohio. The trust has a minimum initial investment of $15,000 and an application fee. The assets are managed by a professional corporate trustee.
Why Choose Us
At the Law Offices of Nirakar "Nic" Thakur, we're committed to providing personalized attention and expert guidance to help you plan for your future. Our expertise in estate planning, special needs trust law, and guardianship in Ohio enables us to provide comprehensive solutions for families and individuals navigating the complex world of estate planning.
Services and Support
The authors of these reviews have had positive and negative experiences with attorney Nic Thakur. Cheryl Kyser, a long-time client, had an overwhelmingly positive experience with Mr. Thakur. She praises his exceptional helpfulness in setting up a special needs trust for her daughter, and his willingness to educate a support group about the trust at no charge. She also appreciates his prompt responses to her questions and would highly recommend him, especially for families with individuals with special needs.
Expertise and Knowledge
Rob Stanford, another satisfied client, commends Mr. Thakur for his hard work, prompt responses to questions, and straightforward and knowledgeable approach. He worked tirelessly with Mr. Stanford's family during an estate settlement process and provided excellent legal services.
Concerns and Criticisms
On the other hand, Bonnie Johnson had a severely negative experience with Mr. Thakur. She accuses him of being a liar, cheat, and thief, warning others to avoid hiring him as an attorney.
