Q: WHAT IS A LIVING WILL AND HEALTHCARE POWER OF ATTORNEY?
A: A living will documents whether or not you wish to be kept on artificial life support in the event of a terminal accident or illness. A healthcare power of attorney is someone you appoint to make healthcare decisions on your behalf when you may be unable to make those decisions for yourself. A healthcare power of attorney also may covers healthcare decisions when you are not terminally ill. Additional information and a living will form are available at www.ohiobar.org, under "Advanced Directives."

Q: GIVEN THE UNCERTAINTY ABOUT THE REPEAL OF THE FEDERAL ESTATE TAX, WHAT PLANNING STRATEGIES MAKE SENSE?
A: Maintain an up-to-date will, review the allocation of assets between marital and non-marital portions of your estate, use the annual gift tax exclusion, make larger gifts (up to $1 million lifetime limit) to remove assets and their future appreciation from your estate, and consider various trust options"”living, charitable, life insurance, revocable or irrevocable trusts"”to meet tax and family asset planning needs. To learn more about PNC Advisors' Wealth Planning services, call 513-651-8370.

Q: WHERE CAN I FIND EXPERTISE IN CINCINNATI FOR THE LEGAL, ACCOUNTING AND FINANCIAL STRUCTURES TO ACCUMULATE AND PRESERVE WEALTH IN A TAX-EFFICIENT MANNER?
A: The Cincinnati Estate Planning Council is a local professional association consisting of attorneys, CPAs, financial planning and insurance professionals, trust officers that specialize in estate-planning matters. The Council conducts high-quality meetings and brings in nationally known speakers to educate its members. A membership directory can be requested by calling 513-554-3074, or e-mail cepc@cincinnatiestateplanningcouncil.org.