When we are young, we sometimes feel indestructible. We are ready to take on the world, welcoming all the challenges coming our way. We hear about estate plans and living wills, but we do not need them. Those things are for older folks, right? But even in the back of...
Sometimes couples decide it is best not to entangle themselves legally and financially. One person may have poor finances that would negatively affect the other person when applying for a loan, especially a mortgage. Similarly, one partner’s poor health or terrible...
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...
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...
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...
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...
Planning for the future of your loved ones is one of the most important things you can do in your lifetime, and it should be something that you give the utmost care and attention to. Many people in Ohio have been using “do-it-yourself” estate planning services on the...
Estate planning for parents often includes doing what is best for their child. When working on your estate plan in Ohio, you have to think about your children’s future. There is a lot to consider in regards to your child’s well-being. This includes inheritances,...
If you have taken the step of setting up an estate plan in Ohio, you are already steps ahead of many people who are unprepared for illness or death. An estate plan is not just for an older person, but is important for those who have excessive assets, those who have...
As Ohio residents make plans for their estates after they die, many take advantage of the benefits of a living trust. Investopedia defines a living trust as a fiduciary relationship where a trustee is chosen during the person’s lifetime and is given the task of...
