Although we live in a world where information is easily accessible through the internet, there are still many misconceptions surrounding estate planning. Most of us do not dedicate our time to learning more about topics like estate planning, because we may not know that we need an estate plan or realize the benefits associated [...]
When a person dies, what happens next depends on whether the deceased person had any foundational estate planning documents such as a Last Will and Testament (otherwise known as a Will) or trust, who the living relatives are, and their relationship to the person who died. If the deceased person did not have a [...]
It is hard to lose a loved one. While you are trying to cope with grief and other difficult emotions, a probate administration to address their legal and financial affairs can add additional stress and anxiety. A lengthy probate administration often keeps the feeling of grief fresh for longer periods of time. Our goal [...]
An often misunderstood but common estate planning tool that can appear in estate planning documents is the power of appointment. Not to be confused with a power of attorney (the document that allows you to delegate certain powers to an agent to act on your behalf while you are still living), a power of [...]
What is Probate? Probate is the legal process in which a deceased person's will is validated, their assets are identified, debts are paid off, and the remaining property is distributed to their beneficiaries. What is an Executor? An executor, also known as a personal representative in many states outside of Ohio, is responsible for [...]