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September 9, 2022
Qualified Income Trusts Explained As a resident of Ohio, you may have heard of a qualified income trust, also known as a Miller Trust. This category of trust is often used by those who wish to qualify for Medicaid coverage of nursing home expenses. To qualify […]
September 1, 2022
Ohio Law Facts: Financial Powers of Attorney “Power of attorney” is one of those terms everyone has heard of, but few understand the powers of. A power of attorney (POA) document allows a specifically named and trusted individual to handle certain matters for you, including depositing […]
August 11, 2022
How Small Business Owners Plan Their Estate For small business owners, planning for the succession of their business needs to be part of an overall estate plan. You have poured a lot of time and effort into growing your business, and you have the responsibility to […]
July 6, 2022
Types of POAs A power of attorney (POA) is a powerful legal document granting tremendous authority to another person to access your bank and other financial accounts and make decisions for you. In estate planning, power of attorney is a crucial document to consider. Using power […]
June 30, 2022
Ohio Probate Overview Probate is one of those things that most people don’t think about until they have to. Usually, it’s because someone has passed, and their survivors must now deal with the deceased’s estate. Other times, it’s because someone has to plan their estate. In […]
June 24, 2022
Estate Planning & Hospice Have you recently been grappling with creating an estate plan for a loved one in hospice care? If so, you’re not alone. Many people find themselves in this situation, and it can be challenging to know what to do, especially if it’s […]
May 20, 2022
Notifying Beneficiaries When someone dies, assets are distributed to beneficiaries named in a will or trust. The probate court oversees this process, validates the will or trust, then directs executors and trustees to gather and distribute assets laid out in the will or trust. Finally, the […]
April 22, 2022
Settling Estate After Death When someone passes—whether a loved one or close friend—settling the estate can be an involved and often-confusing process. But, unfortunately, it’s a task that needs to be done. Assets need to be distributed. Debts need to be settled. Taxes need to be […]
April 19, 2022
Protecting Inheritances Divorce is never an easy topic. It can get even more complicated when it becomes part of estate planning. And if that wasn’t already challenging enough, the presence of children can complicate matters further. Even if offspring are adults when the divorce occurs, there […]