Generally speaking, probate is a legal process that an estate must pass through when a simple will is utilized. This being stated, there are simplified probate procedures in some states, and Ohio is … [Read more...] about Is There a Simplified Probate Process in Ohio?
A lot of people that do not have estate plans in place say that they know they should take action, but they don’t know where to start. If you answer the questions in this post, an estate planning … [Read more...] about Answer These Questions to Shape Your Estate Plan
When you plan your estate, you record your wishes with regard to the way you want your assets to be transferred after you pass away. Everyone is aware of this element, but it is also important to … [Read more...] about What Is a Fiduciary Relationship?
When you put your estate plan in place, you may breathe a sigh of relief with the understanding that you have finally put the responsibility behind you. This is understandable to some extent, but it … [Read more...] about Estate Plan Revisions Will Probably Be Necessary
There are some myths that circulate about the estate planning process, and if you buy into them, you can make errors because you have incomplete information. With this in mind, we are going to debunk … [Read more...] about These Estate Planning Myths Can Lead You Astray
People tend to procrastinate when it comes to inheritance planning because after all, dying is the last thing on your to do list. At the same time, it is one of the inevitabilities of life, so it is … [Read more...] about Inheritance Planning: Liquidation Can Streamline the Process
If someone asks you to be the executor of their estate, you may understand what you have to do in a general sense, but the specifics are another matter. With this in mind, we will look at some simple … [Read more...] about How Does an Executor Settle an Estate?
Caring.com has been conducting research on an ongoing basis to measure the estate planning preparedness of American adults. Their numbers for 2021 have been released, and as always, they are not … [Read more...] about Is Your Estate Plan Complete?
Are you going to be making an inheritance planning decision that may not sit well with your children or someone else that will be expecting a bequest? If you answer this question in the … [Read more...] about Take These Precautions to Prevent an Estate Challenge
There are two questions we often hear from people considering whether to make a living trust estate plan or just a simple will. “Why do I need a trust instead of a will if I can set up my accounts to … [Read more...] about Bottom Line Answer to Two Common Questions about Living Trusts