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Serving as an estate administrator or trustee can be an honor, especially when you’re doing so to help a lost loved one and your family. But a lot of responsibility comes with the position, and there’s a lot that you need to know to effectively and efficiently carry...
The world of estate planning is rife with different tools and devices intended to serve a variety of needs. This variety often comes in handy as it allows for highly personalized estate plans. Previously, the standard will was considered the default means of estate...
Losing a loved one is never easy. But if you’ve been named as the executor of your loved one’s estate, then you might have more to deal with than you ever expected. We know that navigating the probate process can be challenging, which is why it’s oftentimes beneficial...
The passing of a loved one is upsetting enough by itself. The subsequent probate process can add even more negative emotion, especially if the will is contested. But wills are not often contested out of greed or self-interest. More commonly, they are contested because...
Let us assume that an Ohio resident who owns real property, such as a house, passes away. Many people wonder whether the property owned by that person can be passed on to someone else, per the owner’s wish, without entering into probate administration and without the...
The probate process can be enormously complicated, even when an estate plan left behind by a loved one seems relatively clear. This is certainly the case when multiple wills are discovered. The question at this point is which will is valid and therefore enforceable?...
If you have lost a loved one, there is a possibility that you will be named the executor or administrator of the decedent’s estate. If the deceased had a will, they may have named you as their personal representative in the will itself. If the decedent did not...
The revocable trust is an increasingly popular tool in estate planning, and indeed a revocable trust can be a very useful thing to have. Unlike wills and testamentary trusts, a revocable trust goes into effect during your lifetime, so you can see the results in real...
Losing a loved one is never easy. Yet, things can become even more challenging if you’ve been named as a personal representative for your loved one’s estate. Sure, handling an estate means overseeing the distribution of assets, but there’s a lot more involved than...
Losing a loved one is never easy. Merely getting by day-to-day without them by your in your life can be challenging to say the least. But you might find yourself overwhelmed if you’ve been tasked with administering your loved one’s estate or handling a trust. As...
