Imagine that you had a toolbox that contained a hammer and a screwdriver and someone asked you which tool was better. The question would be impossible to answer because each tool does something different. Estate planning documents such as wills and trusts are tools...
Managing an estate plan is a difficult task that requires a lot out of an executor. Because they will handle many personal and important matters to you, it is natural that you will want to lean toward a family member that you love and trust. However, this is not...
After creating your estate plan, you cannot simply let it sit forgotten as you continue to live your life. Life is not a static thing, which means your estate plan cannot be, either. But how do you know when it is a good time to update your plan? Changes to assets and...
When you put together your Ohio estate plan, you may decide to use any number of different estate planning tools to accomplish your specific goals. While a will is a key part of any estate plan, a will only does so much. When you have more specific things you want to...
Estate taxes are often a worry for those trying to settle an estate. However, they generally only apply to a limited number of situations. The Ohio Department of Taxation explains the state estate tax ended for most estates. Most estates also will not have to pay...
Your pets are a part of your family. When you think of wills, trusts and guardianships, you may automatically think of kids rather than pets. However, a lot of stress accompanies the thought that their pets may end up in a shelter for many pet owners if something...
Forming an LLC is helpful for estate planning in certain situations. If you have assets you want to pass along to loved ones, a limited liability company can help you avoid estate taxes. If you want to create an estate plan that benefits your family the most, see...
If you are preparing to set up an estate plan for a loved one with special needs, you have different options. It is vital to go over the unique details of your circumstances and your disabled loved one's situation in order to identify the most sensible solution that...
Thinking about end-of-life preparations may leave you with some important questions, one of which could be who would make a good executor for your will. Choosing someone with the necessary skills and attitude is important, and knowing what traits to look for can help...
Thinking about where your money and family heirlooms will go after your death may prompt you to wonder what the benefits are of crafting a will. Learning about what you can include in this document can help you to determine what steps to take next. Choosing an...
