It’s surreal to think about planning for your own death, but there are many reasons to consider your options for estate planning. Wills and other documents can help your loved ones understand your intentions for distributing assets to beneficiaries. There are also multiple tax advantages under certain circumstances. Plus, an estate plan streamlines the estate administration process, saving time and money. A well-executed estate plan can even deliver significant benefits during your lifetime.
At Fout Law, we provide a personalized approach to wills and estates that are custom tailored to your needs and those of your loved ones. Many people assume they don’t need estate planning services because they’re not “rich” enough, but there are numerous advantages regardless of the size of your estate. Teresa Fout is a skilled attorney that can take complicated estate planning concepts and explain them in terms that ensure you fully understand your options.
Through a will, you can name an executor to collect and manage your assets upon your death and can designate the beneficiaries to receive them. Without a will, Ohio law steps in to distribute your property according to the rules on intestacy. The end result may be giving assets to people contrary to your intentions.
End of Life Considerations
It’s a mistake to think you don’t need an estate plan, so consult with our legal team at Fout Law about all the ways you can benefit from wills and other estate documents. We can review your circumstances, explain how different estate planning options will help you reach your goals, and assist with preparing the necessary documents. Please contact our North Canton, OH office at 330-437-7455 or visit our website for more information. We’re happy to answer your questions or schedule a consultation with a lawyer.