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Category: Estate Planning

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  • Wills Vs. Trusts

    Wills Vs. Trusts

    Wills and trusts are both estate planning tools that ensure that your loved ones are cared for and that your assets and property are distributed according to your wishes. However, there are some significant differences between the two. By having a general understanding of the benefits and limitations of each, you will be better able…

  • Understanding the Probate Process: Step-by-Step Guide

    Understanding the Probate Process: Step-by-Step Guide

    If you have recently lost a loved one, there are a number of arrangements that need to be made, from planning a funeral to settling the estate. When a family member’s estate needs to be settled, this is done through the probate process, which is a court-supervised process that ensures that a last will and…

  • Planning for the future for your special needs child

    Planning for the future for your special needs child

    The future is unpredictable, but there are certain steps you can take as a parent that allow you to protect the interests of your loved ones. Estate planning gives you the opportunity to implement certain tools that will allow you to provide for your kids even after you pass away. One way you can do…

  • Understanding durable power of attorney for health care

    Understanding durable power of attorney for health care

    As people age, their mental capacity usually decreases. While this may cause minor inconveniences with regard to misplacing items, etc., decreased mental capacity becomes more of an issue when the individual must make important decisions regarding his or her future health care and financial needs. Added to that is the circumstance in which a person…

  • Thinking about goals is an important estate planning step

    Thinking about goals is an important estate planning step

    Often, people touch the lives of those around them more greatly than they think. In some cases, Ohio residents may want to have a greater impact or continue to influence others even after their passing. Fortunately, estate planning could help meet such a goal, whether it involves close family or others outside such a relationship.…

  • Estate planning mistakes could cost you time and money

    Estate planning mistakes could cost you time and money

    Planning for the future can be a complex process involving legal and financial decisions that will affect you and your loved ones long-term. It can be daunting to consider what you may want to happen after you pass away or in the event you are unable to speak for yourself due to incapacitation. Creating an…

  • Don’t overlook these details when estate planning

    Don’t overlook these details when estate planning

    Ohio residents who have an estate plan may believe that they are set in their end-of-life wishes. However, there are often situations that arise after a plan has been created, and sometimes, individuals may not plan as thoroughly as they had thought. Often, it pays to remember the finer details when estate planning.  Unfortunately, there are…

  • It’s beneficial to consider long-term care planning early

    It’s beneficial to consider long-term care planning early

    Though many Ohio residents rightfully use their estate plans to instruct how their remaining assets should be handled after their passing, it is important to remember that these plans can be used in other useful ways as well. In particular, considering long-term care planning early could be one of the most beneficial uses of estate…

  • Creating an estate plan involves more than concrete situations

    Creating an estate plan involves more than concrete situations

    Having questions about estate planning is not unusual. It can be a complex process to complete with many important decisions to make along the way. One of the most common questions Ohio residents and those elsewhere have relates to how they should get started on the process. Fortunately, there are easy ways to get the…

  • Do you have older parents? It’s time to review their estate plan

    Do you have older parents? It’s time to review their estate plan

    Thinking about the future can be overwhelming, especially if it means considering what life will be like after your parents pass away. Adult children with older parents will find it beneficial to look carefully at their estate planning documents to understand their wishes and reduce the chance for complications in the future. At some point,…