Losing a loved one brings emotional challenges, and dealing with their estate can feel overwhelming. When you add tax obligations to the mix, the probate process might seem even more daunting. Many executors worry about handling taxes correctly while managing their...
Dayton Bankruptcy Law Blog
Preserving family harmony through estate administration
Losing a loved one is never easy. The last thing you want during this challenging time is for your family to fight over the estate. Sadly, this happens often and can hurt family relationships. That's where professional estate administration comes in. It lets a neutral...
What to do when you can’t find someone’s will
In the midst of grief after losing a loved one, legal affairs are typically the last thing a family wants to deal with. However, finding out whether the deceased left a will is more than just a legal formality. It is a way to honor their legacy and ensure their wishes...
5 life events that call for an estate plan review
Life brings constant changes. With each change and milestone you experience, it's best to review and update your estate plan as necessary. Remember, an effective estate plan reflects your current circumstances and the people in your life. Getting married or divorced...
Transfer-on-death designation affidavits: Which assets qualify?
A transfer-on-death designation affidavit is a legal document that allows you to name a beneficiary for specific assets. As its name suggests, it takes effect upon your death, transferring ownership directly to the named beneficiary. This process bypasses probate,...
The importance of accurate inventories in probate administration
When a loved one passes away, going through the process of settling their estate can be tough and overwhelming. One crucial step in this process is creating an inventory of their assets and liabilities. This task may seem challenging, but it is vital to ensure the...
3 probate pitfalls to avoid as an executor in Ohio
Losing a loved one plunges families into a world of grief, paperwork and legal duties. As the named executor of your loved one's estate, you play a crucial role in probate – the legal process of validating a will and settling a deceased person's affairs. This journey...
3 key facts about Ohio probate law every estate administrator should know
Losing a loved one is a difficult experience, and the tasks that follow can be equally challenging. As an estate administrator, you play a crucial role in carrying out your loved one's final wishes and handling their estate correctly. Understanding Ohio probate law is...
Can an estate plan become obsolete?
Setting up an estate plan should be prioritized as you age, grow your family or contract an illness. However, some people take planning very seriously and prepare everything even without these significant life events. But what if you are healthy and years have passed...
What you need to know about serving as an out-of-state executor in Ohio
Being named an executor is both an honor and a significant responsibility. It means that the person who wrote the will trusted you deeply. As you take on the complex task of managing their estate, you might wonder how to fulfill your duties from afar. Fortunately,...