In Ohio, child custody arrangements are not necessarily set in stone. In fact, they can often be modified or changed as needed. For instance, if there is a shared-parenting decree and both parents agree as to a specific modification, a court will typically approve the change unless it is not in the child's best interests.
According to some estimates, student loan debt in the U.S. now stands at $1.3 trillion - and growing. With such large amounts of crushing debt hanging over their heads, it is no wonder why many college students and recent graduates feel like they may never get ahead. However, for some, relief may be available through bankruptcy.
Many Ohio residents are also horse owners and have poured a great deal of time, energy and money into their beloved equines. Handling these animals within estate planning can be a challenge, as horses have very specific needs that often cannot be properly addressed by those who are unfamiliar with their care. The best way to ensure a long and happy life for these animals is to create a comprehensive estate planning solution.
In Ohio, a parent cannot just pick and move to another state with a child in tow if that child is subject to a shared-parenting arrangement - unless, of course, he or she gets consent from the other parent or approval from the court.
Each and every Ohio family has a unique set of needs when it comes to creating an estate plan. Passing down accumulated wealth to one's children is a common estate planning theme. However, there are cases in which all of a couple's children are already doing well for themselves, and where the focus can turn to the next generation. Retirement trusts are an excellent option for families who are looking for ways to pass wealth down to grandchildren.