When a couple in Ohio gets a divorce, state law will likely play a role in determining who gets custody of the children. If there are reasons to believe that a child is in danger while spending time with a parent, the other may be given emergency custody. Parents who are seeking any type of custody of their children are encouraged to take notes and have other forms of documentation ready.
An Ohio resident who is creating an estate plan might wonder what kind of tasks the executor will have. Duties of an executor include locating assets, arranging to pay estate taxes and distributing property to beneficiaries. To make the job easier, an estate owner may want to work with the executor to ensure that all paperwork is in place.
Some parents in Ohio who are getting a divorce may have heard about an arrangement known as "nesting" or "birdnesting." This is when children continue living in the family home while their parents take turns staying there.
Estate planning is a process every Ohio adult should consider. You may have put it off for some time, but now that your children are grown and you are getting older, you think that the time has come to organize and legalize your end-of-life wishes. Getting started is often the most difficult part, so you should feel proud of yourself for choosing to move forward with planning.
Fans of many iconic fictional superheroes in Ohio and around the world are mourning the recent passing of writer, editor and publisher Stan Lee at the age of 95. When it comes to Lee's estate, there appears to be a tangled web of complexities that would even present some challenges for Spider-Man. While often a spouse would handle estate matters, Lee's wife passed in 2017. Also, the former Marvel chairman was accused of sexual harassment by nurses and home aides, and he made claims about money being missing from his bank accounts.
People in Ohio who are getting a divorce may be concerned that their soon-to-be ex-spouses are hiding assets. Individuals who are already divorced may share the same concerns about their ex-spouses. However, a thorough examination of the schedules that were filed with their joint federal tax returns can provide clues about any assets that may not have been reported.
Ohio residents with large estates may consider using silent trusts if they want to keep their amount of wealth private. A silent trust differs from a traditional trust because the trustee does not regularly keep beneficiaries informed of the assets until authorized by the document.
Adoption is a beautiful way for your Ohio family to expand and grow, and sometimes, this means formalizing meaningful relationships you already have in your family. In some situations, stepparents may be able to adopt their stepchildren. If you would like to adopt the children of your partner and legally establish your role as a parent, you may find it beneficial to first learn how this process will work.
Estate planning is a smart step for everyone in Ohio, regardless of income level, health status or the size of an estate. However, many people make the mistake of assuming that all they need in their estate plan is a will. In reality, you can use many other tools to complete your estate plan and provide you with security and protection.
No matter how careful parents try to be, divorce will likely take a heavy toll on young children and teenagers. Legally separating is emotional, but parents in Ohio and the rest of the country can do quite a bit to protect their children throughout this legal process. With a bit of planning and some hard work, kids should be able to come out of these situations more confident and resilient.