Understanding the core distinctions between revocable and irrevocable trusts is essential in estate planning. These legal instruments serve distinct purposes and offer unique advantages, so it’s crucial to comprehend how they work and which one(s) may best suit your...
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Trust & Probate Administration
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...
How is real estate handled during estate planning?
Many Ohio residents have worked hard to purchase their homes, and they want to pass those assets down to their loved ones when the time comes. The manner in which a piece of real estate is handled is based on the provisions that were laid out during the estate...
Properly drafted wills require well-chosen executors
The act of drafting a carefully considered will is an important first step within the estate planning process. Many in Ohio overlook, however, the importance of selecting the best possible executor. In many ways, this choice is pivotal in having one’s wishes carried...
What to know about being an executor
Being appointed as an executor to a love one’s will may be an honorable role, or it could be completely terrifying, depending on your temperament. Outside of that, it is helpful to know what is going to be expected of you in this role. For many executors, it is a...
Does having a will keep an estate out of probate?
Sometimes, following the death of a loved one, an Ohioan will end up serving the role of personal representative for their deceased loved one’s estate. One way this can come about is if they are named for this role in their deceased loved one’s will. When a person is...