Few of us want to contemplate what will happen when we are no longer there to provide for those we care about. Having a will and estate plan in place can help to alleviate these concerns, but it does require you to be proactive. Aside from simply leaving money to beneficiaries, you may want to allocate certain funds for those people and places that have special needs or play a cherished role in your life. The following are options to consider.
If you do not have a legally valid and updated will in place, this should be your top priority. In addition to providing a detailed inventory of the property and assets you own, it can help make proceedings in the Stark County Probate Court or other jurisdictions less time consuming, costly, and contentious.
Leaving everything to parents, spouse, or children divide evenly may seem logical, but it neglects to factor in certain situations. Consider making special allocations for the following:
As experienced Ohio estate planning attorneys, we can advise you on ways to ensure the people you love are provided for, now and in the years to come. Request a consultation to discuss your particular concerns and contact Fout Law Office. today.
Business ownership can be rewarding and lucrative, though if you are ending your marriage, it can make the divorce process significantly more complicated. Not only will you need to address…
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Attorney Fout is amazing! She had to wear many hats during a very difficult case for my children and me over a 3-year process. She has a great depth in many areas of the law with the ability to understand how painful these times can be. She is very professional and has an extreme passion for high integrity. Because my children were involved her background as a Guardian ad Litem was so profound. I recommend her to others in need, as she can help in a plethora of legal avenues.
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