One issue that may arise for Ohio couples regarding estate planning is that one spouse may be anxious to do so while the other spouse might be resistant. That resistant spouse may not realize that dying intestate could mean stepchildren, step-grandchildren or others...
Serving the Cleveland Area since 1994
Serving the Cleveland Area since 1994
Month: December 2016
Estate planning within blended families in Ohio
Creating an estate plan is important for all adults. When it comes to blended families where there may be children from previous relationships and children from the new relationship, an estate plan becomes critical to avoid accidentally disinheriting family members. A...
Complex issues in estate planning
Sometimes, estate planning can involve complex issues, such as dividing land among family members. Ohio residents who are in this position sometimes make mistakes during the process. Whenever testators leave a piece of property to all their heirs, the recipients are...
Records suggest total value of Prince’s estate
Ohio fans of the musician Prince may be interested in the news that his estate has been valued at $200 million although that is still not a final figure. There are further appraisals ahead. Prince did not leave a will, and as a result, his estate will be divided...
What happens when trusts end
Trusts are financial instruments that are used by many Ohio residents to manage their assets. People may set up a trust to manage property while they are alive or as part of an estate plan that will go into effect when they pass away. Trusts do not last forever, and...
Early estate planning is critical if dementia runs in your family
Many people prefer to put off creating a last will and ensuring that their estate is settled. It can feel depressing or morbid to think over the details of what will transpire after they die. However, particularly in families with a medical history that includes...
