If you die in Ohio without having made a Last Will and Testament, the law deems you to have died intestate. This means you created no will designating your heirs and what you wanted each of them to inherit from you. It also means that Ohio’s intestacy laws determine...
You may have heard that you need to put together your estate plan. But do you know why it is so important? According to Pure Financial, how you do your estate plan can affect the quality of your life and the lives of those you leave behind. The first issue is the...
If there is a new baby in the house, life changes dramatically for everyone. Your brand-new daughter or son becomes the most important person in the world, and your protective instincts are on full alert. This is the perfect time to discuss your last will and...
Even if you have been mostly healthy through your adult life, you may eventually become incapable of making medical decisions for yourself. Fortunately, Ohio law allows you to designate a person to do the job for you. That is, you can name a medical power of attorney...
Thinking about estate planning can yield some uncomfortable feelings and conversations, especially during the holidays. Ohioans who have yet to create a comprehensive estate plan might think that the process is awkward. Many people have negative perceptions about...
When putting together your estate plan in Ohio, there are many choices that you have to make. You may decide that a will alone is enough to handle your needs, but many people learn that other documents can be helpful. Your ultimate goal is to make sure things are...
The will is the foundation of many good estate plans. Depending on a testator's situation, it could suffice by itself as the sole document of their estate plan, or it could work with trusts and other tools as part of a more complex estate plan. Either way, having a...
The will is the foundation of a solid estate plan. Anyone in Ohio serious about getting a handle on their own estate plan should probably have a will. Depending on their personal circumstances, a person may want to have other estate planning documents, such as trusts,...
Ohio residents make many New Year's resolutions, and January is the month when most of them will try to keep them. While some may choose to increase exercise or eat healthier, another important resolution that should be made is to create a comprehensive estate...
We have to face that most people in the greater Cleveland area are not particularly well-to-do. They may have some modest savings, own a house and car and contribute to a 401(k), but they will not be leaving millions to their loved ones should they die.Still, even...