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When you create your first estate plan, you may focus on finding the best way to transfer assets to your family. It is, of course, essential, and without it, you could throw away thousands of dollars. However, dying is not the only thing you need to consider. An...
Far too often, individuals in Ohio and elsewhere pass away without having put a will in place. When this happens, surviving family members have to make many difficult decisions and take extra steps to get the estate administration process underway. Even affluent...
Perhaps a member of your family recently passed away. As you process the news, you realize that you agreed to serve as the executor of his or her estate. Now that you face the probate and estate administration process, you may decide that you need some help....
The executor of an Ohio estate has many responsibilities to address. Often, individuals who take on this role have no formal legal or financial training, and while having those skills can certainly come in handy, not having them could result in executors needing...
After the passing of a loved one, it can seem as if time stands still. Ohio residents may stop going about their regular routines for at least a few days as they grieve and process their loss. However, the executor of the decedent's estate still has a lot to do, and...
When Ohio residents create their estate plans, they often choose to appoint an executor to handle the proceedings associated with settling the estate. If a person is approached about being an executor, he or she may want to first understand what is involved with...
Some people may have the unfortunate experience of having a loved one in a hospital up until the end of his or her life. While this type of scenario is unavoidable for many Ohio residents, it can leave surviving loved ones wondering what will happen with the...
A number of problems could arise when trying to settle someone's estate. Acting as an executor can be a complex role, and any Ohio resident acting in this capacity may have questions when an unexpected event happens during the probate process. For example, an executor...
When it comes time to settle a person's estate, the executor has a serious responsibility. If he or she makes any mistake during the probate process, it is possible for serious issues to result. Those issues could range from the executor being personally liable for...
Making mistakes when closing a person's estate can cause major turmoil. The executor needs to ensure that he or she does everything correctly in order to avoid additional issues with creditors, beneficiaries or others associated with the estate and to avoid taking on...
