Not everyone can contest a Will. If Person A owes you money, and then Person A passes away without repaying that debt, you may not be able to get any money from the estate. The majority of Wills go through the probate process without a challenge for...
Consider a hypothetical scenario that may be difficult to face, but could be your or a loved one’s reality one day: Suppose you know you have advancing dementia or Alzheimer’s disease. You realize that there will come a time when you will no longer have...
Most people don’t count themselves among the rich, and therefore, might not think about the effect of estate taxes on their financial futures. While many tax provisions don’t directly impact 99% of US citizens, you still have to consider the tax implications for estate planning....
Estate planning is a crucial part of getting older, and it’s never too early to start. Navigating this process without legal guidance can lead to unexpected challenges and costly mistakes. A top-rated lawyer in estate planning can keep you on track with your asset protection...
A common misconception about bequeathing one’s estate to beneficiaries is that writing down one’s last wishes is sufficient. However, many people don’t realize they must take specific legal steps to transfer their assets after death. Moreover, there’s a process that you must follow to prevent...
A living Trust is an important estate planning tool that helps you protect your assets. It’s especially crucial during the costly and time-consuming probate process, which occurs after your passing. Furthermore, a Trust is private and not made public since it doesn’t have to be...
Many people don’t see an urgent need to create an estate plan, especially if they’re young, unmarried, or childless. If they decide to start the process, they may think online do-it-yourself legal forms are more manageable and cost-effective. However, we recommend you work with a...
Why would you, or anyone else, pay for the services of an asset protection lawyer? The main step this lawyer can help you with is in the drafting of an asset protection plan. This plan is a strategic document that will help you protect yourself,...
Estate taxes and inheritance taxes are always a concern for people who have assets they want to leave to family members or other persons. These taxes are also a concern for beneficiaries of estates. Ohio estate taxes and inheritance taxes were eliminated in 2013. when...
Before you hire a lawyer for Wills and Trusts, there are a few ways to save time and money. In particular, answers to three critical questions can help you make the most of the preparation process for your estate planning documents. Am I going to create...
