Creating an estate plan may feel overwhelming at first, especially when you have a lot of assets to consider. When it comes to your estate plan, you need to account for all of your assets, including any collectibles and art. If you have an art collection, Bank of...
estate planning
Estate planning after your divorce
While you may have had a solid estate plan in place prior to your divorce, the circumstances surrounding your ending marriage may force changes to your long-term plan. Refiguring your plan to accommodate your needs will take time and patience. Proactive planning can...
Important traits needed in an executor
Who should be the executor of your will? There may not be many people quickly raising their hands to volunteer for this time-consuming and often thankless position. This is why you must prepare, research and take careful consideration for this crucial role in estate...
Steps that increase your chance to leave a financial legacy
It is no secret that many people wish to leave a financial legacy to their family after they pass on. This is true for both wealthy couples as well as for those with modest incomes. By following a few proven strategies, you can increase your chance of having a...
Which estate planning documents should you consider?
Many people without an estate plan do not know what to include. After all, there are various strategies that individuals can use when planning what happens to their assets after they die. AARP has a few estate planning documents they believe all families should...
Why and how to change a living will
Some people have strong opinions about what medical treatments they would like to receive, or do not want to receive, in the event that they become incapacitated. A living will is a helpful estate planning document by which a person can express his or her wishes in...
3 important reasons to update your estate plan
Many individuals will take the time to develop a comprehensive estate plan and then avoid revising it when necessary. While most experts agree that all the estate planning documents should be reviewed every three to five years to identify necessary changes, there are...
Advance directives: What happens if you become incapacitated?
An Ohio estate plan can ensure your beneficiaries receive your assets according to your wishes after you pass away. Another benefit is that you can use it for documenting your preferences for end-of-life care. According to the Ohio Hospital Association, advance...
Providing for your child as a late-in-life parent
Late-in-life parents are becoming more common. For some people, establishing their careers may get the initial focus of their lives before feeling ready to welcome children. For certain people, having children in their 40s and 50s is not unheard of anymore, and, in...
What details of an estate plan should you share with your family?
Creating your estate plan is a private matter. Even if you generally do not mind if people know about your business, keeping aspects of your plan confidential can prevent your assets from ending up in the wrong hands. You may, however, desire to share some of your...

