Winston Churchill once said, “We make a living by what we get, but we make a life by what we give.” Being charitable takes many forms. When it comes to estate planning and planned giving, it bridges the gap between controlling your wealth while alive and helping...
Trusted Toledo Attorneys Here For You In Difficult Times
Estate Planning & Probate
2 costly mistakes to avoid when creating your will
Creating a will is, perhaps, one of the most responsible decisions you can ever make. Besides taking the guesswork out of the equation when it comes to your wishes, a properly executed will can also go a long way in pacifying potential conflicts over your assets....
What could go wrong during the probate process?
When you leave this world, you probably want to make the process of wrapping up your affairs as painless as possible for the loved ones you leave behind. Without the proper foresight, you could unintentionally leave a situation for your family that is much harder to...
Probate: What could go wrong, and how can you avoid it?
When you start getting older, one of the things you need to think about is your estate plan. If you want to protect your loved ones and give them the best opportunity to receive assets and inheritances, then you need a will, trust and other legal protections in place....
Guided probate can protect your family
You have taken care of your family throughout your life, and that doesn’t have to end when you go. Making a detailed will can take care of them for years to come. Failing to make a draft, though, can lead to tumultuous times. Over 35% of people have, or know someone...
What the executor of an estate does
If your parent or other loved one has recently passed, and you are now the executor of the estate, you may be wondering what you need to do. In a sentence, the executor of an estate ensures that the estate of the decedent pays off any debts or creditors. While it may...
Estate mistakes to avoid
With any legal issue, knowing what not avoid is often just as important as knowing what you need to do. That may be especially true when it comes to estate planning. Here are some potential mistakes you want to avoid when you’re working out your own estate plans:...
Make it easy for your heirs to get your cryptocurrency
Cryptocurrency, like Bitcoin, has become a serious source of wealth for some investors. Their less cutting-edge heirs, however, may find themselves at a loss if those investors don’t make sure that their families can access the accounts. If you’re investing in...
Trusts and adult children with mental issues: What to consider
If you have a child who has a serious mental illness, drug addiction, alcoholism, a gambling problem or some other disability that prevents him or her from consistently managing his or her own finances, how do you plan your estate — especially if you have a lot of...
How to keep family money in the family
You worked pretty hard to build up a legacy for your kids and their kids to inherit and you’re rightfully proud of what you’ve accomplished. Unfortunately, it isn’t easy to keep that money in the family and growing — there’s generally a “three generation” rule that...