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estate planning Archives

What formalities must be met when executing a will in Ohio?

When people in Ohio think about creating a will, they may think they can simply write something out on their own and be done with it. However, under Ohio Laws and Rules section 2107.03, there are certain formalities that must be met in order for a will in Ohio to be valid and enforceable.

Who will receive your property if you do not have a will?

While death is a guarantee for everyone in Tennessee, most do not really think about it until it becomes imminent. There are way too many things to think about in your daily life to worry about what is going to happen when you die. However, you also cannot take your possessions with you after they die, either. Everything you own will end up in the hands of another person. The law states who will receive you possessions and other assets if you do not have a will directing where they should go.

Summer weddings and estate planning can go hand in hand

Summer is a popular season for weddings in Ohio. For some people, however, this is not their first walk down the aisle. In fact, a Pew Research Center reports that, in 2013, 40 percent of weddings involved one or both spouses marrying for a second time. When one is caught up in the romance of a wedding, it can be hard to stay grounded and think of the practicalities that come with remarriage. For example, if you are remarrying, it is a good time to review your estate plan.

If you think you don't need an estate plan, think again

The very use of the term estate in the context of estate planning is something of a problem, don't you think? Consider – what do you think of as an estate? Downton Abbey? The Breakers? Big structures with hundreds of years of history are the common image of what constitutes an estate.

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