Estate planning isn't just for the wealthy. It's about ensuring your loved ones understand your wishes and carry them out after you're gone. Whether you are just starting your estate plan or are going to review an existing one, it is important to know which key...
Having an estate plan is important to ensure the distribution of your assets according to your wishes. There are two common ways to do this: a will or a trust. What is a will? According to CNBC, 67% percent of Americans do not have an estate plan. A will is a legal...
A will can be an effective tool for relaying end-of-life instructions and decisions, making it a valuable component of an estate plan. This document can help the decedent express their wishes concerning their estate, such as asset distribution and other wishes....
Estate planning allows you to prepare for any unexpected events that may occur in the future. Every person's estate plan is unique and tailored to their specific goals and circumstances. For instance, a parent will prioritize the well-being and guardianship of their...
Beneficiary designations are an important aspect of estate planning. When it comes to retirement accounts, life insurance policies and other assets, these designations spell out who should receive funds. Because it is easy to overlook issues affecting beneficiary...
When considering your estate plan, it is important to think beyond just financial matters. One aspect often overlooked is funeral preplanning. While it may not be a pleasant topic, including funeral arrangements in your estate plan can bring numerous benefits for both...
When it comes to planning for the future, selecting the right executor for your estate is an important decision that requires careful consideration. An executor plays a pivotal role in the handling of your final wishes regarding your estate and your heirs. Because of...
When people write their wills, they may not think about contestation. However, courts can overturn wills when individuals bring up questions about their legitimacy. There are several grounds on which a person may contest a will in Ohio. 1. Incapacity One primary...
Estate planning is a thoughtful and strategic process that ensures the distribution of your assets based on your wishes, minimizing potential conflicts and maximizing efficiency. One powerful tool in this arsenal is a trust. While often associated with the affluent,...
Planning for the future is a huge aspect of responsible parenting, especially when it involves the well-being of your children. In the event of your death, choosing a guardian for your children becomes an important decision. This decision is a key component of your...
