No one enjoys thinking about a time when they are no longer around to provide for their family. Estate planning forces people to think about this, as well as make tough decisions about their lives. Estate planning is a complex process with many steps and components....
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Estate Planning
When should I update my estate plan?
Even a good estate plan may need to be updated from time to time. Knowing when to revisit your will and other documents is crucial; failure to do so could result in your final wishes being ignored, as well as increased strife between your family members. To prevent...
Am I only allowed to name one power of attorney?
Choosing a person to be your power of attorney (POA) allows you to have a surrogate act on your behalf should you suffer incapacitation and can no longer make financial or other life decisions for yourself. Some people may wonder, however, if they can or should...
Divorce and changes to your estate plan
There are all sorts of stressors that people have to face when they decide to split up with their marital partner. For some, such as those who have children, divorce can be especially complicated (child support, custody disputes, and so on). It is important to keep in...
How to Save for Retirement After Your 40’s
While retirement savings are best started early, many people end up getting a late start. This doesn’t have to spell disaster, however; if you live in Cleveland and are approaching your 40's without a retirement plan in mind, there is hope. TheBalance.com offers...
Examining the types of power of attorney
You might be prepared to face any potential challenge in Columbus, except the thought of your own mortality. It is for this reason that you may have put off your estate planning. Several of those that come to see us here at Inc. think that...
Estate planning topics for remarried couples
Many people in Ohio find it difficult to talk about making a will or a trust in part because this means facing the reality that they will someday die. While a good estate plan can benefit anyone, it has particular benefits for remarried couples, especially when one or...
Avoiding some estate planning mistakes
We’re all going to die some day, so that’s why it’s important to live your life the way you want to, explore the world and accomplish goals. Among those goals should be creating an estate plan. With it, you have an opportunity to protect your estate...
Even pets have a part in estate planning
Once you die, Max the dog, Lucy the cat, and Sunny the cockatiel may wonder what will happen to them. If you’ve played your estate-planning cards just right, then you would have provided for these furry and feathered non-human members of your family through your...
How can a special-needs trust help my child?
With the arrival of a baby, parents begin a lifelong propensity to worry about their child. If yours is a special needs child, that worry is multiplied by the knowledge that your child will need extra care throughout his or her life, long after you are gone. One step...