A comprehensive estate plan is good for you and your heirs. While your plan may include other items, four documents are a good place to start. After completing your plan, you must find the right place to store the documents. Even though many places may work, the...
One of the main goals of estate planning in Ohio should be to take advantage of those strategies that will help one to minimize the liabilities against their estate. That way they preserve as many of their personal assets as possible to pass on to their...
Along with the Public Records Act, the Open Meetings Act is one of Ohio's two "sunshine laws." The purpose of the Open Meetings Act is to encourage openness in the government's activities and general conduct by allowing public access to meetings when conducting...
Ohio residents like you spend a lot of time working on estate management. Building up an estate plan takes a lot of time, effort and flexibility. However, you must start with a strong foundation. Otherwise, your plan will not last or remain stable. To this end, you...
Probate courts in Ohio follow steps similar to what occurs elsewhere in the United States. The reading of a will reveals "who gets what" while also revealing the executor of the estate. Any person who finds themselves named the executor must become aware of the duties...
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 entire...
An LLC, or limited liability company, is one possible legal structure for a business. Establishing an LLC creates an entity that the law considers separate from the business owner as a person, which may have both tax and liability benefits. Explore the possible...
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...
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...
Ohio business owners should explore how estate planning can benefit them and their businesses. Estate plans can detail how a business is to be continued or disposed of after the owner passes away or becomes incapacitated. They can also ensure that anyone taking over...
