Your will does not control your 401(k) or your life insurance payout. It also does not control a payable-on-death savings account or a house that you have transferred with a beneficiary’s affidavit. These assets pass according to contract or title to whoever is listed on the paperwork, even if your will says otherwise. This is…
A will does not skip probate. This is the misunderstanding that catches most Ohio families off guard, and it changes everything about how you should plan. Whether you need a will, a trust, or both depends on what you own, who you are protecting, and how much control you want over what happens if you…
Probate is a legal process that some people will encounter when settling an estate. There are several steps, making it a costly and time-consuming endeavor. Fortunately, there are ways to avoid heading through the courts. If you would like to learn more about probate in Ohio, here are a few points to keep in mind. …
If you have any assets or property, it may be time to think about an estate plan. With a solid plan in place, you can make sure that your assets are distributed according to your wishes after death. Failing to get a plan together may result in your beneficiaries or heirs heading to the probate…
