On behalf of Metz, Bailey & McLoughlin | Oct 19, 2020 | probate & estate administration
One of the main reasons people go through the estate planning process is to help their heirs avoid probate. There are many reasons to avoid probate, since probate is expensive and very time-consuming. Some Americans consider putting their child on the deed to their...
On behalf of Metz, Bailey & McLoughlin | Aug 5, 2020 | probate & estate administration
People in Ohio may hesitate to create an estate plan. While it can be a difficult topic, estate planning is important for ensuring that a person’s wishes are carried out and beneficiaries are taken care of. Ideally, the estate plan can be discussed with the...
On behalf of Metz, Bailey & McLoughlin | Jul 27, 2020 | probate & estate administration
When people in Ohio are considering challenging a will, they need to identify who the interested parties are. This includes all the individuals who are named in the will. It is not uncommon for people to underestimate just how many interested parties there may be...
On behalf of Metz, Bailey & McLoughlin | Jul 15, 2020 | probate & estate administration
Young adults in Ohio may want to consider creating an estate plan. They might assume they are too young to do so, but in case a tragedy does occur, it can save their loved ones additional problems. Estate planning is not just about who gets certain assets. It is also...
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...
