When an individual passes away, someone has to deal with their estate. Oftentimes this is a loved one who has been named by the now deceased individual as the estate’s executor. It’s a big obligation, and an honorable one. Yet, the stress associated with the position...
You may view the Ohio probate process as complicated or daunting. This often comes from unfamiliarity with the process. Probate is the process of distributing assets and paying debts after someone passes away without a will. This is done according to Ohio state law....
Unfortunately, when an Ohioan has done well for themselves, there are many people who are more than willing to try to seize that wealth through deceit and manipulation. As people get older and more vulnerable, tricking them in to giving up their wealth can get...
In Ohio, when a person crafts an estate plan, they do so with one eye on the present and another on the future. That is, after all, the objective. They are thinking about the long-term and how property will be distributed after they are gone. However, the estate plan...
Ohio residents who take the critical step of crafting an estate plan need to understand that it is only part of the process. Simply having a will is undoubtedly a positive step. However, there are challenges that can still arise. To avoid problems, it is wise to be...
Having a will drafted is usually a relatively simple process, but you might come upon certain terms that sound confusing. One of these is the term “per stirpes.” The term comes from Latin and literally means “by branch.” It indicates how you want your assets to be...
Managing a homeowners’ association can be difficult. While managing accounts, enforcing covenants, and collecting payments can be challenging, dealing with confrontational residents can be the most stressful aspect of the job. These individuals can be extremely...
You may not realize it now, but there’s a chance that your estate plan could be contested. This usually happens when a disgruntled loved one is unhappy with their inheritance, and they want to fight to invalidate your estate plan so that they can inherit more....
Having an estate plan is a necessity for Ohio residents regardless of their age, income, family situation and plans for the future. A basic will is a protective device for them and their family to make sure their property goes where they want it to go after they are...
Talking to your parents about setting up an estate plan can be difficult. It is easy to assume that since our parents are older, they have already thought about and set up an estate plan. However, many elderly individuals do not have a will or estate plan set up for...