Should You Choose a Relative or a Professional Fiduciary for Your Ohio Estate Administration?
People who are creating an estate plan often choose a close relative as their financial fiduciary. However, there are several potential pitfalls to consider before taking this approach. The selection of a close family member might be appropriate in some cases, but there are a few specific issues and potential problems to consider. When making …
What is an Ohio Collaborative Divorce?
Divorce is a very difficult matter to face. Some people find it easier to delay the decision to divorce due to the stress and conflict that usually accompanies the divorce process. Collaborative divorces are a different approach to divorce. The collaborative divorce model is comprised of a problem-solving approach where each party works with their …
Understanding The Types of Child Custody Arrangements in the State of Ohio
Child custody is often the most contentious issue during and after a divorce. Choosing or fighting for the type of child custody arrangement that works for you and your children can be complex even when the divorcing spouses are amicable. If you have a pending child custody matter, make an appointment with our seasoned child …
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Financial Disclosure in Ohio Marital Dissolutions
In Ohio, when two people are divorcing, the two parties are required to provide an extensive disclosure that lists all assets, income, liabilities, and expenses. Marital dissolutions become extremely complicated when one spouse chooses to prevent an equitable division of the marital property. When one spouse tries to obstruct this process, the other spouse’s attorney …
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The Life Changes That Necessitate a Change in Your Will
One of the most important questions clients have is, “When should I change my will?” Several life changes necessitate updating your will. When the following significant life changes occur in your life, and it is time to update your will, living will, trust, and other important estate planning instruments to reflect your current situation. Keeping …
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Common Ohio Estate Planning Mistakes to Avoid
Estate planning can provide both financial security and peace of mind. Unfortunately, most people do not consider the economic impact of a severe or fatal accident, serious illness, or sustaining a debilitating injury. However, unexpected incidents such as these often do arise unexpectedly, and therefore it is essential to have an estate plan in place. …
When to Should You Hire an Ohio Divorce Attorney?
Divorce service can happen unexpectedly, and it can be hard to know exactly when you need to retain a divorce attorney. It is critical that you find the right attorney to make sure that your interests are well protected and that you understand the process. If you are not sure when to hire a legal …
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The Changing Nature of Estate Planning: Digital Assets in Ohio Estate Planning
Before there was the Internet, planning your estate was as simple as walking through your home and taking inventory of the personal property, real property, bank accounts, investment accounts, and retirement accounts and then drawing up a will to indicate what you wanted to happen to each of the items. However, in today’s digital age, …
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I Can’t Find the Decedent’s Will – What Now?
Losing a member of your family is heartbreaking and difficult. It can be even more painful to deal with the probate process while also suffering through the grieving process. However, the issue of facing the probate process when you cannot find your loved one’s estate planning papers or will be extremely distressing. A will sets …