If you’re the executor of a deceased loved one’s estate, you likely hope that they took steps in their estate planning to minimize the need for a lengthy, complicated probate process. The last thing you want to discover is that there may be yet another probate...
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Probate And Estate Administration
2 kinds of taxes that can affect Ohio estate administration
Estate administration is a challenge even when someone leaves behind very clear instructions about their wishes and when there aren't any complicating factors. There are still numerous parties that need formal notification, financial obligations to meet and court...
What happens to your debts when you die?
No matter how much you’re able to leave your loved ones and other beneficiaries when you die, you’ll likely leave behind some debt. It could be as small as some small pending credit card bills or as extensive as a mortgage or other loans with considerable balances....
Powers of attorney: Are there different types?
When you create your first estate plan, you may focus on finding the best way to transfer assets to your family. It is, of course, essential, and without it, you could throw away thousands of dollars. However, dying is not the only thing you need to consider. An...
Petition for estate administration filed for Boseman estate
Far too often, individuals in Ohio and elsewhere pass away without having put a will in place. When this happens, surviving family members have to make many difficult decisions and take extra steps to get the estate administration process underway. Even affluent...
Do you need an attorney for probate and estate administration?
Perhaps a member of your family recently passed away. As you process the news, you realize that you agreed to serve as the executor of his or her estate. Now that you face the probate and estate administration process, you may decide that you need some help....
Probate is the time to handle a decedent’s debts
The executor of an Ohio estate has many responsibilities to address. Often, individuals who take on this role have no formal legal or financial training, and while having those skills can certainly come in handy, not having them could result in executors needing...
During probate, who needs to know about a person’s passing?
After the passing of a loved one, it can seem as if time stands still. Ohio residents may stop going about their regular routines for at least a few days as they grieve and process their loss. However, the executor of the decedent's estate still has a lot to do, and...
Understand probate before accepting the role of executor
When Ohio residents create their estate plans, they often choose to appoint an executor to handle the proceedings associated with settling the estate. If a person is approached about being an executor, he or she may want to first understand what is involved with...
Outstanding medical bills are addressed during probate
Some people may have the unfortunate experience of having a loved one in a hospital up until the end of his or her life. While this type of scenario is unavoidable for many Ohio residents, it can leave surviving loved ones wondering what will happen with the...