Probate And Estate Administration

Some personal representatives or executors take on that role due to a personal request. The deceased party asked them to hold that responsibility years ago when they drafted a will. Other people become personal representatives because the probate courts appoint them....

People who agree to serve as executors or personal representatives often have to make sacrifices. They give up some of their free time to oversee the administration of an estate. They may experience relationship setbacks with friends and family members because of the...

The rules that apply to estates confuse people. Some beneficiaries think they can receive their inheritances right away. Some people who may benefit from creating thorough estate plans assume that existing state laws are enough to protect their loved ones. When...

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...

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...

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....

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...

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...

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....

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...