If you own property jointly with someone else, you might wonder what happens to it after probate. In Ohio, how the property transfers depends on the type of joint ownership you have. Understanding this can help you know what to expect during the probate process. Types...
probate & estate administration
How does probate work?
Probate is the legal process used to distribute a deceased person’s assets. It ensures the deceased’s debts get paid and the remaining assets are distributed according to the will or Ohio law. If someone you know has passed away and their estate needs probate, you...
When is a will legally challenged in probate?
A will can be legally challenged during probate when someone believes that the will is invalid or doesn’t reflect the true wishes of the deceased. Probate is the process by which a court oversees the distribution of a deceased person's estate and resolves disputes...
What are the tax implications during probate?
Probate involves many complexities, and taxes add another layer of difficulty. Beneficiaries and executors who understand tax responsibilities during probate avoid unexpected financial burdens. Knowing what to expect ensures compliance with legal obligations and...
What is the process to contest a will?
Contesting a will in Ohio allows individuals to challenge the validity of a will if they believe it does not reflect the deceased’s true intentions. The process requires specific steps and valid legal grounds. Understanding these steps helps you navigate the process...
The risks of delaying probate filing in Ohio
Ohio doesn't always require probate filing, whether the decedent left a will or not. Estates can remain unsettled for years with assets still in the decedent's name if no one starts the probate process. However, this can cause issues for heirs and beneficiaries. Here...
What are the benefits of using a probate bond?
Probate bonds help protect the estate and its beneficiaries during the probate process. These bonds ensure that the executor fulfills their duties correctly and ethically. Understanding the benefits of a probate bond can help both executors and beneficiaries navigate...
Digital assets in probate: challenges and management strategies
As digital assets become a larger part of daily life, they also complicate the probate process. Digital assets like online bank accounts and cryptocurrency can create challenges during estate settlement. Understanding how to manage these assets is important to avoid...
Addressing common misconceptions about the probate filing process
Many believe that probate is an excessively long and costly process. While some cases can be time-consuming and expensive, Ohio's probate system can handle most estates efficiently. Simple estates can often be settled within a few months, and the costs are typically...
Effective strategies for avoiding probate
Probate is the legal process of administering a deceased person's estate. It can include the validation of the will, paying debts, and distributing assets to beneficiaries. While probate can be time-consuming and costly, several strategies can help you avoid or...