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In a time where most American adults’ lives are increasingly interwoven with digital platforms, digital estate planning has become both increasingly relevant and an increasingly popular undertaking. Americans’ reliance on digital tools for personal, financial and...
As an executor, you will assume most of your duties after the death of your loved one. But you can do a few things before then to make your work more manageable. Here are four things to do before your loved one dies. 1. Learn the location of the will and other crucial...
Two terms that are commonly used interchangeably to mean someone who benefits from an estate are “heir” and “beneficiary.” While these terms both refer to an individual who receives assets from the deceased, they have unique legal uses. When making an estate plan, it...
Estate planning can be a complicated process. People need to have specific goals in mind and an awareness of Ohio state laws. Mistakes could potentially lead to challenges for your loved ones, such as will contests in probate court. Uneven inheritances and other terms...
There are two common misconceptions about estate planning. One: People often believe they don’t need an estate plan. As a result, many people die intestate, which means the state has to administer an estate on behalf of the testator. This can cause a lot of issues for...
When establishing a trust, it’s crucial to select the right trustee for the job. A trustee is someone who handles and distributes assets as well as files any taxes for the trust. Some grantors choose to hire a professional trustee, while others opt to enlist a family...
Godparents have been primarily associated with the Catholic faith. Their purpose, in part, is to be a spiritual advisor as the child gets older and to ensure that the child is raised in that faith if anything were to happen to their parents. Whether you choose a...
If you’re writing a will, it’s very important for it to be well established that it actually aligns with your intentions. No one is forcing you into creating the document in a certain way or trying to influence your decisions – known legally as undue influence. You...
Creating an estate plan is a great thing to do for your future and for your family. You can make decisions about how your assets should be distributed. You can provide instructions about medical care. You can set up trust funds and other tools to give you more...
When Americans reach the age of 18, they are ordinarily granted automatic legal independence from their parents. As a result, they no longer have to seek permission to receive medical care or get married. They can join the military and sign contracts. Yet, legal...