Kathryn T. Joseph & Associates, Inc.

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Who oversees an estate if there is no will?

As an estate planning attorney, I see what happens firsthand if somebody dies without a will. It’s a common occurrence. In fact, most studies find that roughly half of Americans don’t have one. It is called dying “intestate” if you pass away without an estate plan. When this happens, Ohio state law dictates what happens next.

Understanding the difference between testate and intestate

When writing a will and estate plan, there are many legal terms you need to know throughout the process. My clients routinely ask about these terms and the difference between them. Two common words that can mean drastically different things for your estate are “testate” and “intestate.” Understanding these terms will help you foresee the probate process.

What is non-probate?

Upon your passing, your estate will go into a system called “probate.” Everything is subject to your will and the applicable laws for its final disposition. The process can be long and complicated, especially if you have a lot of assets.

Guardianship abuses illustrate need for advanced care directives

With a growing number of baby boomers entering advanced age, what should be a person’s golden years can turn into a nightmare. Recent investigative reporting has delved into the seedy underbelly of senior care in the United States.

What Will Happen To Your Pet If You Die First?

It’s not a pleasant question to ask yourself, but if you were to unexpectedly expire in an automobile accident, what would happen to your fur baby? Many of us think that close family members of friends would carry on the care and nurture of our pets, but sadly, in reality, that is not the case.

What happens when Mom and Dad can no longer manage money?

If your contact with your aging parents, due to job responsibilities or geographical distance, is sporadic, you may miss the first indicators that one or both is experiencing mild cognitive impairment. It can be shocking to visit after several months and see obvious signs of poor judgment or worrisome behavioral changes.

Make decisions now for when you are no longer able to

One of the important components of an estate plan has to do with making decisions now about what is going to happen if you aren't able to make those decisions in the future. This is actually something that many people don't like to think about, but planning now can make life much easier for the people you leave behind when the time comes.

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Kathryn T. Joseph & Associates, Inc.
Executive Commons West
29425 Chagrin Blvd.
Suite 305
Cleveland, OH 44122

Toll Free: 888-335-6650
Phone: 216-245-0504
Fax: 216-765-8817
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