Part of drafting a will includes appointing an executor. This is the individual responsible for managing your estate after you pass away. Serving as an executor comes with many significant duties. An executor is responsible for distributing assets to your designated...
One purpose of an estate plan is to ensure our assets are distributed to our loved ones according to our wishes after we pass away. Many times, this includes children, since they are typically expected to outlive their parents. If you do not have children, you may...
During tax season, we are often confronted with the reality of our finances, property and assets. While it is always good to gain a full financial picture of your personal and family assets, it is also important to take steps to ensure they are protected. This is why...
Being involved in a car accident can be a shocking and traumatic experience. Car accident injuries are often serious and sometimes life-threatening and the mental and psychological impact of an accident can last a lifetime. Because a car accident is so unexpected, it...
Starting again after divorce involves quite a bit of planning and logistics. You must rebuild your life from scratch as you learn how to live independently again. With everything going on, it can be easy to forget to update your estate plan. However, your estate plan...
Most of us understand the purpose of a last will and testament. When you create this type of estate planning document, you set down your wishes for what will become of your property after you are gone, and, importantly, you make those wishes legally enforceable. This...
Creating an estate plan is necessary if you want to effectively leave your assets to your loved ones and protect your healthcare and financial interests in the event of incapacitation. Yet, if your estate plan is going to ruffle feathers, then you should anticipate an...
Protecting a home is a priority for many Ohio residents when setting up an estate plan. A home is typically the largest asset in an estate. As you get older, you may realize you need to decide what will happen to your home after you pass away. Most people want their...
When you pass away, not all property goes through the probate process. Some assets transfer directly to beneficiaries and avoid probate. If you are starting or updating your estate plan, it is important to understand the difference between probate and non-probate...
If you do not want someone to receive a portion of your estate after you pass away, such as a child or other family member, you may believe it is as simple as leaving them out of your bill. However, disinheriting a family member is not that simple. There are many...