Let’s take a look at another example where someone’s thought avoiding probate was the best solution in an estate plan. Let’s say that the desire to is to leave the family home equally to all [...]
Doesn’t everything go to my kids in equal shares? Why do I need an estate plan? Does everything go to your children? Maybe. Maybe not. When there is not a will, the inheritance is based on the [...]
Will there have to be an appraisal of the estate assets? That depends on what property is in the estate. Three months after an executor or administrator is appointed in an estate, an estate [...]
There is no requirement that you have to use the drafting attorney to probate the will. When I write drafting attorney, I mean the attorney that wrote the will or trust. The executor can hire the [...]
An effort to avoid probate at all costs can go awry. There are so many people who say, “I don’t want any part of probate. I’ve heard all of the horror stories.” What is the main way that clients [...]
You need to be careful if there is a vacant home that is part of an probate administration. There are a lot of risks with a vacant home because nobody is living there to keep an eye on things. [...]
There are some out of state considerations for estate planning and probate. Let’s dive into these. If the person you desire to have as your executor of your estate is not a resident of [...]
Estate planning in divorce? A divorce is a very stressful time. People are always told to be sure to ask your attorney about this, and also about that. It can all be very confusing and [...]
Is probate really that bad? Let’s unpack this question. I have met a lot of clients who say, “We definitely want to avoid probate. That’s just too time consuming and expensive.” This is not [...]
Have you thought about estate planning for your car? If not, you probably should. Ohio law allows you to designate a Transfer on Death Beneficiary (TOD) on an automobile title. This is just like [...]