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September 2018 Archives

Estate planning can minimize the specter of family conflicts

It takes some attention and common sense thinking for persons in Ohio or anywhere else to write up a will that will minimize the prospect of later family conflicts. The way things are written impacts on whether some family members may feel slighted or otherwise "left out" of the loop. Some phrasing or certain appointments may plant an idea with one or more family members that others are receiving special treatment. Good estate planning, in cooperation with an experienced estates attorney, will minimize greatly the chances of family dissension.

Estate planning for special needs child is done through a trust

The parents of a child with special needs will want to implement various safeguards and make certain plans for the child's maximum welfare. Seeing an estate planning attorney who is located in Ohio is an important first step in preparing the special needs plan. The parents will learn all of the information that they did not know, and they will become equipped to understand the importance and meaning of the legal instruments involved. 

Estate planning considers retirement funds and their distribution

In Ohio and all other jurisdictions, retirement funds do not usually go through one's probate estate after death. That is because such proceeds are nearly always distributed to specific beneficiaries designated on the retirement plan itself. It is possible to also list an alternate beneficiary to receive the retirement funds if the primary beneficiary predeceases the owner of the fund. The treatment of retirement funds in estate planning is important despite the fact that the funds do not usually pass through the decedent's estate.

Considerations for including grandchildren in a will

Drafting your will is an exciting and important process. Whether you are writing a new one or revising an existing one, it is fulfilling to know that you have a plan in place to care for your most precious loved ones. For many people creating their estate plan, this includes grandchildren that they wish to leave an inheritance to. Leaving grandkids an inheritance can help them succeed later in life.

Business law attorney can assist in business formation

Launching a startup business in Ohio is a process that requires an initial cash investment that will get the company started and operating without suffering the limitations of being cash poor. However, even when cash reserves are ample, the business can falter along the developmental track if certain other qualities do not exist.  Initially, the startup will benefit from the input of a business law attorney in establishing the best legal structure for the new entity.

  • Ohio State Bar Association | Connect.Advance.Succeed
  • Federal Bar Association | ORG Jan 5th 1920
  • Dayton Bar Association 1883
  • Super Lawyers
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