On behalf of Metz, Bailey & McLoughlin | Jul 11, 2020 | estate planning
Ohio business owners should explore how estate planning can benefit them and their businesses. Estate plans can detail how a business is to be continued or disposed of after the owner passes away or becomes incapacitated. They can also ensure that anyone taking over...
On behalf of Metz, Bailey & McLoughlin | Jul 10, 2020 | estate planning
Many people in Ohio think they do not need an estate plan when they do not have extensive financial assets to protect, but the truth is that everyone needs some form of estate plan because of family impact. There are three basic approaches to establishing an effective...
On behalf of Metz, Bailey & McLoughlin | Jul 2, 2020 | estate planning
Ohio residents with assets to their name should start thinking about estate planning, even if they don’t own anything of a particularly high value. When a person dies, a probate court typically oversees the distribution of the assets. This process can take years...
On behalf of Metz, Bailey & McLoughlin | Jun 5, 2020 | estate planning
Certain life changes, such as a divorce or the birth of a child, can prompt a change in a person’s estate plan. Despite this, people in Ohio and other parts of the country frequently fail to update their estate plan for these and other types of life changes....
On behalf of Metz, Bailey & McLoughlin | May 28, 2020 | estate planning
Estate planning involves extra considerations when you are the parent of a child with special needs. If you are not careful when creating your estate plan, you risk having the assets you leave behind disqualify your child from receiving certain need-based government...
On behalf of Metz, Bailey & McLoughlin | May 20, 2020 | estate planning, probate & estate administration
Estate administrators in Ohio and elsewhere have a fiduciary responsibility to the beneficiaries of the estates that they oversee. If an administrator fails to act in a beneficiary’s best interest, it may be possible to have that person removed from his or her...
On behalf of Metz, Bailey & McLoughlin | May 5, 2020 | estate planning, probate & estate administration
Selling parts of a deceased person’s estate in Ohio is not as simple as just putting it on the market. There are certain requirements and things that must happen first. It is only once these occur that the property can be sold. The most important thing when it...
On behalf of Metz, Bailey & McLoughlin | Apr 8, 2020 | estate planning
Many aspects of life require planning ahead; some aspects of death do, too. Estate planning is a way to safeguard your legacy and take care of loved ones after you are gone. However, you may have overlooked one important aspect of estate planning: pre-arranging your...
On behalf of Metz, Bailey & McLoughlin | Apr 6, 2020 | estate planning
It is sad but true; financial scam artists target the elderly, often focusing their efforts on those experiencing cognitive decline due to dementia. This abuse can come from other family members, nursing home staff, or strangers that misrepresent themselves to seniors...
On behalf of Metz, Bailey & McLoughlin | Mar 20, 2020 | estate planning
When it comes to estate planning, you do not want to plan once and then never look at your plan again. Instead, your estate plan needs to grow and change as you grow and change. According to Forbes, there are ways to tell if you need a modified estate plan. Estate...
