Using an Irrevocable vs. a Revocable Trust

Trusts have many different benefits for individuals going through the estate planning process in Ohio, and one of the most common differences between types of trusts is the ability to alter the trust now and in the future. This is the main difference between an irrevocable and a revocable trust. Each has advantages and disadvantages…. Read More »

What Digital Assets Should Be Included in Your Estate Planning?

While many individuals understand the basic elements of putting together an estate plan for their physical property, they may not understand the benefits of diving deeper and considering your digital assets. It’s a good idea to start this process by making an inventory of all your digital assets. Digital assets include everything from online banking… Read More »

Leaving Behind a Video Legacy for Your Loved Ones

There are many important components of estate planning including developing a basic will and potentially trust and thinking about the documents that can be used to give another person the decision making authority if something were to happen to you. While it’s easy to think about the estate planning process as the way for dealing… Read More »

Why Do You Need to Consider Digital Estate Planning Now?

Many people have probably had the experience of seeing an automatic Facebook update celebrating someone’s anniversary or milestone of friendship on Facebook after one of those people has passed away, which raises important questions about the value of digital estate planning. The reality is that it is just as important to accomplish your digital estate… Read More »

What Your Will Cannot Accomplish in Ohio

Although the will is a cornerstone of your estate planning, as an Ohio resident it is important to understand that it may not be able to accomplish all of the goals that you have for your estate and future plans. In the majority of cases there are certain kinds of property that you cannot use… Read More »

Divorce and Your Estate Plan

Probably the last thing anyone thinks about when they get a divorce is their estate plan. But it can be critically important to update your plan as soon as possible. According to a recent Wall Street Journal article failure to update beneficiaries can cause a variety of legal issues. The article points out that married… Read More »

What is a Living Trust Scam?

Unfortunately, while there are plenty of legitimate living trusts and elder law planning attorneys in Ohio who help put them together, far too many seniors across the country fall victim to scammers who intimidate and scare their victims into purchasing unnecessary or worthless trusts. If you put together a living trust, work directly with an… Read More »

How to Wisely Invest a Big Inheritance

It’s a fantasy everyone shares — a relative you never really knew passes away after a long and fulfilling life, leaving you a massive inheritance you never saw coming. It’s not unlike the lottery fantasy that recently drove the nationwide Powerball to jackpot of over a billion dollars. For most people, that fantasy will never come… Read More »