Farmers are oftentimes thought of as humble, honest and hardworking people. They’re not often associated with large estates and massive amounts of wealth. But the truth of the matter is that many farmers in Ohio have a lot of value attached to their land, their...
Estate Planning
Can I change the guardianship designation in my will?
If you have an estate plan in Ohio, you may have designated a guardian for your minor children or for yourself in case of incapacity. Guardianship designations are important to ensure that your wishes are respected and that your loved ones are protected. However, life...
What do you need to include in your will?
The estate planning process is complicated. That’s one reason why many individuals end up putting off the process until it’s too late. This procrastination is dangerous, as it can leave your estate subject to the state’s intestate succession laws, which could...
Is an oral will valid in Ohio?
Ohio residents are wise to think about their estate planning needs early. This can help them with organizing how they want their property distributed, deciding on various issues like a business and being fully prepared for the future. However, not everyone thinks that...
Can you include your digital assets in your estate plan?
Digital assets are any online account or file that you own or have access to, such as email, social media, cloud storage, cryptocurrency, etc. These assets may have financial, sentimental or personal value to you and your heirs. However, unlike physical assets,...
Can I change my power of attorney?
It is a good idea to have a power of attorney as part of your Ohio estate plan. A power of attorney allows someone to make major decisions for you, such as medical or financial decisions, if you become incapacitated. The person you choose to be your power of attorney...
Understanding probate, when it is necessary and how to avoid it
Certain things will trigger an image or an opinion. Often, when you hear the word probate, you immediately think of avoidance. While probate does not have a positive reputation, it is a reality that many individuals and families will have to face. As such, it is...
Creating an estate plan unique to your needs and wishes
For many individuals in Ohio, their financial wellbeing is paramount and the basis for many daily and year decisions. As such, protecting their finances, property and other assets is often the purpose and goal for creating an estate plan. Whether you are young or old,...
Estate plans and potential pitfalls of trusts
Whether it is small scale or large scale, many individuals in Ohio and elsewhere plan and prepare for the future each year. Maybe, you seek to protect your assets. Possibly, you just inherited valuable property. Perhaps, you were recently diagnosed with a serious...
Part 1: probate administration in Ohio
The person who administers your estate in probate and after your death in our state is your executor. You name this person in you Ohio will, and it is someone whom you trust to carry out your wishes after you pass. Sometimes, it is your estate planning attorney, a...