Everyone wants to know “how long does probate take?” The answer is simple. It depends. In most situations, if the estate has been opened less than six months after the [...]
One of the estate planning considerations that is not discussed a lot is document storage. Where should you keep your estate planning documents? There are quite a few options on this front. But [...]
Sometimes an estate plan changes without somebody intending to change it. Here are a few places where this occurs. A couple purchases a new piece of real estate. Remember, what happens with a [...]
It’s important to understand what is going on with creditor bills. In Ohio, a most creditors have six months to submit a claim for payment. It’s important to emphasize the term [...]
If you’re an executor, administrator, or trustee, and you have real estate to sell, you need to know about point of sale inspections. What are these inspections? Basically, a point of sale [...]
There are some important considerations when it comes to appraising the estate. An executor or administrator must return an inventory and appraisal to the Probate Court within three months of the [...]
Part of an effective estate plan includes thinking about insuring the estate. An executor expressly agrees to insure all estate assets. Here are some things to think about. If decedent died [...]
What is the story with probate bond? What is it? When is it required? Quite simply. A bond is an insurance policy that the executor or administrator of the estate must purchase and file with the [...]
Insurance for estates can be tricky. The first thing you need to do is notify the decedent’s insurance agent right away that the decedent has passed. There are a number of reasons for this. [...]
Do you understand your healthcare advance directives? What is the difference between the healthcare power of attorney and living will? How do the documents work together? The Healthcare Power of [...]
