Estate planning is what you do when you want to establish who your assets go to when you die or are otherwise incapacitated. Well-thought-out estate plans ensure that your beneficiaries receive all the assets you want them to have while paying minimal taxes. Here is...
Month: July 2023
3 elements to include in a basic estate plan
An Ohio estate plan helps you maintain control over your financial, personal and medical affairs, letting you dictate where you want your assets to go, who you want to oversee your estate and more. However, many people neglect to create estate plans, meaning they...
Estate executors may settle debts during probate
Ohio’s Revised Code requires the executor named in a will to notify the named heirs and creditors when the will’s creator dies. As noted on the Ohio.gov website, executors must send written notices within six months of the death. Unpaid creditors may file claims with...