If you are the beneficiary to a will, assets you receive from the deceased may have to pass through the probate process first. During probate, a designated executor may be responsible for ensuring the will is valid, assessing the value of estate assets, settling...
Your estate plan ensures your heirs are well-protected after you're gone. It also helps deal with financial matters related to your estate, including the payment of debts and settling remaining taxes. While having an estate plan in place is of the utmost importance,...
Probate is the process of proving a will's validity, settling debt, and dispersing assets to heirs. When certain circumstances apply, probate may not be necessary. While the rules vary from state to state, The Balance offers a few examples of when probate is not...
The idea of having to go through probate in Ohio for a loved one's estate can be intimidating. This process often goes quickly, but sometimes, it can drag on. It really depends on the circumstances. However, what you may not understand is that there are some types of...
An executor is a person responsible for handling the affairs of your estate after you’re gone. Making the right selection is crucial, as you want to ensure this person is capable of handling the many chores and tasks of handling an estate, including wills and...
Can I make my own will?If you’re currently estate planning in Ohio, you might be considering creating your own will to save money. While there are a number of DIY resources available, you definitely want to think twice before moving forward on your own. The...
Perhaps your grandmother recently passed away, and her estate finds that she created and established a will. Unfortunately, your grandmother created the will nearly 25 years ago, and the assets, beneficiaries and designations do not reflect what you thought to be her...
If you’re currently estate planning in Ohio, chances are you’ve thought about conflicts between your heirs. It’s a sad fact that conflict is quite common when it comes to the reading of the will, as some heirs may feel slighted or as though assets...
People in Columbus are told all the time that they need to start thinking about their estate planning. The most basic step in beginning this process is writing a will. Many have likely heard stories about people drawing up wills on napkins or paper plates and leaving...
Creating a will is something important you can do to look out for your loved ones after you die. The process is actually not that difficult, even though it is made to seem like a huge legal process. In fact, according to the Ohio State Bar Association, anyone can...
