One of the challenges that can stymie Ohio residents who are doing or updating their estate plans is how to protect future beneficiaries from the problems sudden wealth can present to people. Ideally, your proposed beneficiaries will be well-equipped to manage and use...
Creating an estate plan is one option that you have for letting your loved ones know your wishes for your property, and in case you become incapacitated. When it comes to your property, having everything written out as comprehensively as possible is beneficial. By...
Estate plans typically focus on transferring financial assets, real estate and personal belongings to family members or other designated individuals. Pets, despite the meaningful role they play in a household, are often left out of these documents. Knowing what...
If one of your goals this year is to finally put an estate plan in place, you’re likely thinking about who, beyond your family, you want to leave some assets. If you’re a senior living on your own, you may have a caregiver who visits regularly to help you out with...
When you think about estate planning, your physical assets like homes, bank accounts, investment accounts and other personal property may come to mind. But those aren’t the only assets that you need to consider when you’re creating an estate plan. You also have to...
Creating an estate plan is an important step toward protecting your family in the event of your death or incapacitation. But it’s not something you should put in a safe place and forget about. Life evolves, laws change and your financial situation can shift over time....
You rent your home, keep limited savings and carry mostly debt. Should you still consider estate planning? Estate planning can feel like something meant for people with assets to protect or pass down, which may lead people to delay or dismiss it altogether. In...
Starting a business is an important milestone, but the initial paperwork can feel like a hurdle. Whether you are opening a boutique or starting a tech consultancy, meeting the state’s basic legal requirements is the first step toward long-term stability. Register the...
The end of a lengthy divorce process can feel like a long-awaited fresh start. But as this new chapter begins, it often brings important life changes, including the need to revisit key legal documents. Individuals may assume that their estate plan automatically...
After a lifetime of building a high-value estate, the last thing you want is for your legacy to become a battlefield. In Ohio, you may include a no-contest clause in your will. Also known as an in terrorem provision, this discourages your loved ones from suing each...
