Your will should always be a work in progress. As your life changes, your will should adapt as well. Most estate planning professionals recommend evaluating and updating your will once a year. This lets you address any changes in a timely manner. There are a few...
If you do not want to burden your close friends and relatives, you are probably thinking about including funeral arrangements in your estate plan. Fortunately, from how the service unfolds to where your remains end up, you can take care of virtually all end-of-life...
When you die intestate, which means without a will, the state law dictates the distribution of your property. For this reason, it is a good idea for everyone to have an estate plan in place because it lets control remain with you. The Legislative Commission notes that...
Creating a will determines the distribution of your assets after your death. Many people make their will early on years and forget to update it after a major life event. Failing to update a will could jeopardize how you want your assets divided. The chaos and...
Municipal governments have some freedom to govern without being under the thumb of the state or federal government. Home rule is the concept that the city has a right to operate under its own rules as a separate entity from the other levels of government. This power...
If you feel like you need an estate plan but do not know where to start, you have a lot of company. According to CNBC, only about 33% of all Americans have an estate plan. Many people know the importance of an estate plan, but many put it off for various reasons....
The purpose of Medicaid is to help low-income seniors pay for long-term care and medical care. For this reason, you may only qualify if you meet the stringent financial eligibility requirements. Because the income and asset limits are so low in most states, most...
When someone you know names you the executor over his or her Ohio estate, you should expect to have to take on a number of important responsibilities on that individual’s behalf. Serving as an executor requires you to take certain steps, and failing to uphold your...
As an estate executor, you will have the responsibility of dispersing an estate to its heirs. Sometimes the fate of property, like a home, is not clear. The will may not name a beneficiary to receive the residence. It is possible that you will end up selling the...
Officials holding local or municipal board meetings must allow the public to attend and observe. Under the Open Meetings Act, Ohio residents may watch and listen to public officials during business or decision-making discussions. The Act applies to all individuals of...
