When a parent dies in Ohio, a child could be entitled to a portion of the deceased's estate. This is true even if the parent dies intestate, or without a will. If a house or other property was put into a child's name, that generally belongs to the child regardless of...
Month: April 2018
The probate process and asset distribution
Many people in Ohio thinking about the steps needed to care appropriately for their family and their assets after death may wonder what exactly happens during the probate process. Supervised by a court, probate allows a last will and testament to be officially...
Protecting trade secrets with nondisclosure agreements
As someone who operates your own small business, chances are, you have ideas, blueprints, recipes, product designs or other elements relating to business operations that you do not want falling into the wrong hands. Maybe you have a secret formula you use to produce a...
Creating an estate planning checklist
Ohio residents can use a thorough checklist to ensure that their estate plans are organized and include all of the documents they need. This will be helpful for surviving loved ones who may have to handle the estate. A will is an important part of an estate plan....
Trusts can be altered to reflect changing circumstances
Trusts can serve a valuable purpose for people in Ohio who want to manage their estates in order to avoid probate and preserve the maximum value of their beneficiaries' inheritances. However, over time, the intentions and desires of the creator of a trust can change....