On behalf of Kathryn T. Joseph & Associates, Inc. | Jul 26, 2018 | Firm News, Wills
Some people in Ohio may have complex estates that include a business and other assets. They may think of the business and assets as their legacy and want to make sure their spouses and children benefit from that legacy. However, people often do not take into account...
On behalf of Kathryn T. Joseph & Associates, Inc. | Jun 12, 2018 | Firm News, Wills
According to a recent Wells Fargo survey, one in four older Americans do not have a plan in place to take care of their medical and financial needs in case they become incapacitated. It’s important to remember that there are several ways Ohio residents can...
On behalf of Kathryn T. Joseph & Associates, Inc. | May 30, 2018 | Firm News, Wills
Roughly half of all adults in Ohio and throughout the nation do not have a will. While failing to create an estate plan is not uncommon, it can cause headaches for family members after the estate owner’s death. There are several reasons a person may want to...
On behalf of Kathryn T. Joseph & Associates, Inc. | May 17, 2018 | Firm News, Wills
According to a Wells Fargo survey, 40 percent of older individuals in Ohio and the rest of the nation have not completed all of the necessary legal documents that should be included in their estate plans. People who do not have all of the necessary estate planning...
On behalf of Kathryn T. Joseph & Associates, Inc. | Dec 22, 2017 | Firm News, Wills
Most Ohio residents would probably prefer to pay as little in estate and inheritance tax as possible. This is especially true in the case of untimely deaths. The last thing a grieving family wants to deal with is extra taxes. The story of the so-called ‘death...
On behalf of Kathryn T. Joseph & Associates, Inc. | Nov 22, 2017 | Firm News, Wills
Ohio residents may believe that legacy planning is something that only a famous person would do. However, almost anyone could have a life’s work or story to share. This is true whether a person is a writer, teacher or anyone else who has accomplished something....
On behalf of Kathryn T. Joseph & Associates, Inc. | Nov 15, 2017 | Firm News, Wills
Ohio residents may want to skip probate as it can be a long and expensive process. However, it may be avoided by creating a joint tenancy arrangement, which can allow an asset to pass solely to a survivor. This may be used on assets such as an investment or bank...
On behalf of Kathryn T. Joseph & Associates, Inc. | Nov 6, 2017 | Firm News, Wills
When an Ohio resident dies, there is likely to be property that family members must decide how to divide. There might not be a will, or there might be items of personal property that is not mentioned in the will. Heirs may want to get an appraisal of property. This...
On behalf of Kathryn T. Joseph & Associates, Inc. | Oct 30, 2017 | Firm News, Wills
Many Ohio residents believe that they don’t need a will. This is often because they have few, if any, assets and assume that there is no need to designate what happens to their money and belongings after they die. This is untrue. Wills can benefit family members...
On behalf of Kathryn T. Joseph & Associates, Inc. | Sep 30, 2017 | Firm News, Wills
Various options are available for people who want to be involved in what happens with their assets before and after they die. Some people create trusts to define how their family members spend their money. Others divide their assets between loved ones and the...
