203 legal [2, *]questions have been posted about estate planning by real users in Ohio. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include trusts and estates, powers of attorney, and charitable giving. All topics and other states can be accessed in the dropdowns below.
Recent Legal Answers
It is true that to be an administrator you must reside in the same state as the decedent. You can use just about anyone if you sign a waiver stating... Read Answer
First issue is: Do you want the house? Or do you want the equity (cash) that your father built up? If you want the house, you can refinance it or... Read Answer
What are the terms of your contract with the roofing company? Did it have a warranty? How long is the warranty? What does the warranty cover?
It only makes sense to reopen an estate if 1, you can prove that property was stolen (suspecting a theft isn't the same as being able to prove one)... Read Answer
Is your mother still living? You will not be personally responsible for her medical bills however her estate may be. Is she on Medicaid or Medicare?
A power of attorney lapses at death. So a durable power of attorney ("durable" means that it remains in force even if the person becomes incompetent)... Read Answer
Generally, a trustee is required to give annual accounting to the beneficiaries. However, if the person who created the trust can waive this... Read Answer
Unless there is a surviving spouse, a child is the next of kin. A sister with a power of attorney has no rights, a power of attorney becomes void at... Read Answer
You can reopen the estate for a newly discovered asset, then cash the check and distribute it. Unless the check is large this might be more trouble... Read Answer
You need the approval of the executor to enter of deceased home. If no executor has been appointed, you need the approval of next of kin, this would... Read Answer
If we're only talking about a couple hundred dollars, just sign it over to yourself and deposit it in your bank. If its significant, then reopen the... Read Answer
Well, the easiest way is to have your bro sign over his interest but deadbeats tend to imagine the the world (or at least that sliver of the world... Read Answer
Pre-nuptial agreements cannot, as the name implies, be altered after the wedding. So, whatever is in the pre-nup is final. Generally, pre-nups do not... Read Answer
Not necessarily, however if you have had other significant life changes or several years have passed since you executed the first will, it may be a... Read Answer
I would advise establishing the trust first, if only to save the cost of writing two deeds.
Are you using the website to do your homework in a business law class? It depends what the terms of the reversionary interest is. If the property... Read Answer
Inheritance rights go to one person at a time. For example, if my father names me his heir and I name my son my heir, as long as I'm alive my son has... Read Answer
It's true that your father does not inherit anything from his deceased ex wife, however, things that they bought together are owned 50-50, and things... Read Answer
401(k) accounts are not probate assets unless no beneficiaries are named. When beneficiaries are named, the beneficiaries receive the funds and other... Read Answer
Creditors may file a claim in the probate estate of your husband but cannot hold you personally responsible if the credit card is in his name alone. ... Read Answer
A will only deals with assets the deceased owned at the time of his/her death. Since your father did not own the guns when he died, the will has no... Read Answer
While there will not be any estate tax if your estate is under $5,000,000.00, there will be income tax when he receives distributions from the IRA.
Filing a correction of a deed is common. I recommend doing it now rather than waiting and, possibly, messing up a sale in the future.
It is difficult to find a will if you do not know who the attorney is that helped her execute the will. You should look if she has a safe at home, a... Read Answer
In the absence of a will the spouse would have the first claim to be administrator and the deceased children would have second place. Meaning that... Read Answer