Estate Planning

When Ohio residents are planning their wills, there are a few key areas that are important to consider in order to make sure a will holds up in court after death. Estate planning can be complicated, and it can be critical to be aware of a number of factors that go...

Many Ohio couples live together but don't get married. However, just because someone doesn't have a spouse or children is no reason to avoid creating an estate plan. In fact, it may make it more important to create one. For example, if a person is incapacitated and...

Ohio residents who are preparing their estate plan should not neglect the step of talking to their family members about it. In many cases, despite careful planning, assets are lost and conflicts are serious after a person's death. Therefore, communication can be as...

One purpose of an estate plan for Ohio residents may be addressing family conflict. This conflict may spring from disputes over property, or it may be a more longstanding interpersonal dispute. Some people might avoid creating an estate plan because of this, but this...

When an Ohio resident creates a will, there may not be room to include that person's final wishes in the will itself. However, it may be possible to expand upon the testator's thought process or include other notes in what is referred to as a letter of final wishes....

For estate planning purposes, it is important to make sure that an Ohio person's wishes regarding how assets are distributed are reflected in plans for the non-probate assets as well as in the will. Non-probate assets are assets such as life insurance policies and...

Some Ohio residents may have hesitated to create an estate plan because the subject is an uncomfortable one, but it can be a way of making a person's passing less difficult for family members. There are a number of different elements to an estate plan. Wills and...

Most Ohio residents automatically think of a will when it comes time to plan their estates. Wills allow testators to name who they want to receive their property when they pass on, but they are limited in some ways. Upon the death of a testator, beneficiaries will...

For many Ohio residents, the process of estate planning is too often undertaken with a narrow focus on providing instructions, yet there is an equally great need to focus on the people chosen to carry out those instructions. Estate plans can contain such wide-ranging...

Because of considerable changes that President Trump may be making in regards to the US tax policy, many Ohio residents might delay taking estate-planning measures. However, since many estate-planning components, such as irrevocable trusts, offer several advantages...