If you have not made an estate plan yet, you are not alone. According to Caring.com as of last year, two-thirds of us still have not even made a will. Even those who have planned their estates may not have made an incapacity plan. Without such a plan, you and your...
Estate Planning
What are the differences between a will and a trust?
When people in Ohio begin to think about their passing, they will need to think about many different aspects of their lives. They should start thinking about who will receive their property, but this is just part of the estate planning process. When people plan their...
Who gets legal custody of my kids if I die?
Younger people tend to put off planning their estates, thinking that this is something they will need to think about only when they were older. However, there are many good reasons for all adults to have an estate plan at any age. For parents who have young children,...
You may be able to fight an unfair trust
Many of our readers may have heard that trusts help a family avoid probate. This is true in that property held in Ohio trusts do not go through the normal estate administration process. Indeed, trusts are extremely powerful estate planning tools that can withstand...
Financial power of attorneys can be essential to estate planning
While we would like to think that we are going to stay healthy forever, it is important to prepare for worst-case scenarios. For many people, one of these scenarios is no longer being able to make decisions for themselves due to incapacitation. Many medical...
If I don’t have debts, why do I need to protect my estate?
Many residents of the Cincinnati area and the surrounding Southern Ohio communities may not think much about protecting their legacy from creditors. After all, people who are seriously thinking about how they are going to leave their property to their loved ones are...
How does a later will affect probate in Ohio?
In Ohio, after losing a loved one, thinking about how to move forward can be difficult. It is emotionally, personally and financially taxing to think about. This is true with all aspects of the aftermath including probate of the person’s will. With probate, the will...
How soon do I need to start the probate process after a loved one dies?
Losing a loved one is never easy. And while you’re dealing with the emotional blow that’s been dealt to you, it can be overwhelming to think about the logistical issues that have to be taken care of, such as taking care of your loved one’s estate. After all, a lot of...
What are the initial responsibilities of executors of wills?
A person who is named the executor of a will in Ohio may be chosen simply because they are a close family member of the person who is drafting the will. It may be something that they want to do for the family members in order to help them, but many executors are not...
Estate planning after a personal injury settlement
After an automobile accident, a victim in the greater Dayton and Cincinnati areas will no doubt first and foremost want to settle their personal injury claim. No doubt they will feel a great deal of relief after they have signed the agreements, especially if there is...
