On behalf of Metz, Bailey & McLoughlin | May 20, 2020 | estate planning, probate & estate administration
Estate administrators in Ohio and elsewhere have a fiduciary responsibility to the beneficiaries of the estates that they oversee. If an administrator fails to act in a beneficiary’s best interest, it may be possible to have that person removed from his or her...
On behalf of Metz, Bailey & McLoughlin | May 5, 2020 | estate planning, probate & estate administration
Selling parts of a deceased person’s estate in Ohio is not as simple as just putting it on the market. There are certain requirements and things that must happen first. It is only once these occur that the property can be sold. The most important thing when it...
On behalf of Metz, Bailey & McLoughlin | Mar 9, 2020 | probate & estate administration
Probate, which is the court-supervised process of administering a deceased person’s estate, can be lengthy and costly for your surviving family members. With careful estate planning, however, you may be able to shield many of your assets from the probate...
On behalf of Metz, Bailey & McLoughlin | Jan 22, 2020 | probate & estate administration
Creating an estate plan and ensuring everything is in order is a great way to help things progress smoothly with your assets after your death. However, there is always the potential for something to happen that slows down the probate process and creates headaches for...
On behalf of Metz, Bailey & McLoughlin | Oct 14, 2019 | probate & estate administration
If you fear that your heirs will not be able to handle the process of probate or you simply want your heirs to receive your estate more quickly, the state of Ohio offers you the option of using a TOD Designation Affidavit (TOD) affidavit. This document serves as a way...
On behalf of Metz, Bailey & McLoughlin | Oct 7, 2019 | probate & estate administration
Since administrating an estate can be a laborious process, executors are permitted to receive compensation for their efforts. Sometimes a decedent has already worked out payment methods for an executor in a will, but if this is not the case, Ohio law will dictate how...
On behalf of Metz, Bailey & McLoughlin | Aug 2, 2019 | probate & estate administration
The loss of a loved one can be devastating for families in Ohio and elsewhere. Like many in this situation, your grief may be further complicated by concerns over settling your loved one’s affairs. Depending on the assets your loved one left behind, however, his or...
On behalf of Metz, Bailey & McLoughlin | Jun 12, 2019 | probate & estate administration
It is only natural to feel honored and want to help if a loved one asks you to serve as executor of his or her estate. However, this can be a time-consuming role and taking it on comes with great responsibility. Therefore, it is important to understand the obligations...
by Metz, Bailey & McLoughlin | Feb 21, 2019 | probate & estate administration
If you’re in the process of choosing someone to be your children’s guardian if you and their other parent were to both pass away (in a car accident or plane crash, for example), it’s essential to understand a couple of key terms — guardian of...
by Metz, Bailey & McLoughlin | Jan 11, 2019 | probate & estate administration
One of the advantages of having an estate plan is that there’s less chance that your family and other beneficiaries (or people who think they should be beneficiaries) will battle over your assets. Even if you have a close-knit family whom you’re certain...
