As your parents age, certain conversations become increasingly important, yet often uncomfortable. Among these discussions, addressing wills and estates ranks high. Engaging in this conversation is important for various reasons that may not seem apparent at first....
Estate Planning
How estate planning protects your family
Estate planning may seem like a complicated term, but at its core, it is all about ensuring your family's well-being and financial security after you are gone. In Ohio, effective estate planning offers a safety net for your loved ones. Learn how it shields your...
Is It Time To Review Your Estate Plan?
When you create an estate plan, you cannot simply leave it as-is for the rest of your life. It needs to stay updated in order to reflect your most recent life circumstances. But how do you know when it is time to review your plan? Reviewing after changes in life...
Essential factors when selecting a guardian for an estate plan
Estate planning is a thoughtful and responsible step toward securing a family's financial future. An important part of this process is choosing a guardian who will be responsible for minor children and possibly manage their inherited assets if the worst occurs....
The value of contingent beneficiaries
When it comes to estate planning, beneficiary designation paperwork plays an important role. When you do things correctly, you make things easy for yourself and for your loved ones. Mistakes in this area, on the other hand, could result in headaches and extra fees....
Long-term care for aging parents
Long-term elder care is a mounting expense for many people across the country. There are various options, but it seems that none of them are cheap. This is leading many people to integrate nursing care into their estate planning strategy. However, before that happens,...
Tips to avoid a will contest in Ohio
One of the most important goals of estate planning is to carry out your wishes after you pass away. This is why creating a will is so important. However, there is always the risk that someone contests your will. According to O.R.C. 2107.76, a person has three months...
What is advanced care planning?
Discussing a future where you can no longer make decisions for yourself is never easy for your loved ones, and you might also feel uncomfortable about approaching the topic of advanced care planning as well. However, having a plan in place can remove the burden of...
Benefits of a codicil to your will
People benefit from having a will, no matter their age. It is a useful document to have around in case of anything unexpected. However, as the years pass, you may also change or add more to your estate. Family and friends come and go and your priorities change. When...
3 ways to avoid a contested will
Few people know when their end of life will come, which makes estate planning a vital tool in ensuring that what you have built goes where you want. According to a Caring.com study, only 33% of Americans have a will or trust in place. If you can count yourself in that...