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...
estate planning
Why you should hire a lawyer for estate planning
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...
Can you include education expenses in an estate plan?
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,...
When should you update or change your estate plan?
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...
The ins and outs of a living trust
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...
Why should you consider a living trust?
As Ohio residents plan and discuss how to distribute their assets after they die, there are hundreds of choices to make. Some estates are fairly simple while others are complex and challenging. One thing that many estate planners can benefit from are living trusts. If...
Business succession: Part of successful estate planning
Estate planning involves many vital areas, but business succession may get neglected. If a business owner would like to keep the firm securely in the hands of his children, he or she needs a detailed plan. Experts suggest it takes about 10 years before retirement to...
Keep these 5 estate planning mistakes out of your life
Even if you devote the necessary time and attention to estate planning, there is no guarantee that you'll take all the right steps the first time around. With so many mistakes lurking, you need to carefully consider every decision you make. Here are five of the most...
Don’t forget your cryptocurrency in your estate planning
Bitcoin and other types of cryptocurrency have become an increasingly popular investment. In addition to the fact that some of these currencies have grown significantly in value throughout their relatively recent history, they are appealing to a lot of investors...
Estate planning for people facing a future with dementia
If you have a parent or other loved one who's been diagnosed with Alzheimer's disease or another condition like Parkinson's disease that can also cause dementia, the news can be a stunning blow. However, if their condition is diagnosed in the early stages, they may...

