When it comes to estate planning in Ohio, it can often seem as though a lot of planning is necessary to take care of potential estate issues well prior to your death. For instance, many modern estate plans include the idea of a living trust. Hand-in-hand with this is...
Year: 2019
What are the requirements for a legal will?
Scratching out your last wishes on a napkin may make for a good storyline in a movie but that is not how writing a will works in real life. This document must stand up in court, so you need to be sure that any will you create follows the legal requirements set under...
Dealing with tax issues related to closing an estate
If you are an executor of an estate in Ohio, there are several duties for which you are responsible. Not only must you identify the assets and pay off its debts, but you must also distribute the remaining property to the beneficiaries. Tax-related issues are an aspect...
Should I create an LLC?
If you run your own small business, you likely started as a sole proprietor or with just a partner or two. As your company grows, however, you may want to consider the benefits of establishing a separate legal business entity such as a limited liability company. Learn...
What exactly does municipal law encompass?
The vast myriad of legal terms can be difficult for almost anyone to understand, especially for those who are not typically involved in the court systems. When you hear about municipal law, you and other Ohio residents may be confused. Just what is municipal law and...
Address estate plan updates in a divorce
When you and your spouse in Ohio come to the decision to end your marriage, you are likely to be faced with a series of seemingly never-ending decisions to make and issues to address. From what to do with your marital home to how you will share time with your kids and...
What is a transferable on death designation affidavit?
If you fear that your heirs will not be able to handle the process of probate or you simply want your heirs to receive your estate more quickly, the state of Ohio offers you the option of using a TOD Designation Affidavit (TOD) affidavit. This document serves as a way...
Why zoning regulations are challenged
Managing the land that makes up your municipality in Ohio is crucial for the general welfare of your community. Still, a zoning regulation can be challenged by residents if they feel it causes more harm than good. Having your zoning rules litigated can be costly, so...
Can a court revoke executor fees?
Since administrating an estate can be a laborious process, executors are permitted to receive compensation for their efforts. Sometimes a decedent has already worked out payment methods for an executor in a will, but if this is not the case, Ohio law will dictate how...
3 reasons having an Ohio estate plan is critical
You may think of estate planning as something you can do at a later time and which does not need much thought, as your assets are fairly simple. However, it is better to determine now who you want to acquire your belongings in the case of an unexpected event, such as...