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…

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…

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…

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…

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.…

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…

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…

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…

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…

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,…