A number of problems could arise when trying to settle someone's estate. Acting as an executor can be a complex role, and any Ohio resident acting in this capacity may have questions when an unexpected event happens during the probate process. For example, an executor...
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Probate And Estate Administration
Mishandling an estate can cause problems during probate
When it comes time to settle a person's estate, the executor has a serious responsibility. If he or she makes any mistake during the probate process, it is possible for serious issues to result. Those issues could range from the executor being personally liable for...
Signing estate documents during probate as the executor
Making mistakes when closing a person's estate can cause major turmoil. The executor needs to ensure that he or she does everything correctly in order to avoid additional issues with creditors, beneficiaries or others associated with the estate and to avoid taking on...
Probate obligations must be met before asset distribution
Though many people may want to receive a portion of a deceased loved one's estate soon after the person's passing, there are many hoops to jump through first. Often, Ohio residents will leave behind a will that details their final wishes, and their estates will need...
Understanding beneficiaries relating to probate
Many people anticipate receiving something from a loved one's estate after he or she passes. Of course, some people may not know exactly what those bequests are or even what it means to be a beneficiary. When it comes to settling the estate during probate,...
Even with a will, probate proceedings can take time
Many people enjoy being surrounded by a loved one's things after his or her passing. It can allow Ohio residents to retain a sense of the person and possibly allow them to deal with their loss better. Of course, a decedent's property typically cannot go untouched...
Probate administration may involve selling real estate
When an Ohio resident is named as the executor of an estate, he or she has a number of steps to take in order to close the remaining estate. In some cases, probate administration may include having to sell real estate that the loved one left behind. This type of...
Are You Fuzzy on the Details of Your Estate Plan?
Estate planning may involve concepts that are easy to understand, but when it comes to execution, one article questions whether clients get lost in the details. Specifically, the article suggests that individuals rely too much on their estate planner to promote...