Conservatorships are one way to protect assets when the asset owner is unable to manage them on his/her own. You may be familiar with this concept from Britney Spears’ widely publicized battle against her own conservatorship. In Ohio, conservatorsh…
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For single, unmarried individuals that do not have children, creating an estate plan is very important. First, if you pass away without a will, your assets will be distributed to your next of kin according to state law. If you have no living relative…
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Blended families are more common than ever, but they can also present unique estate planning considerations. Unless you adopt your stepchildren, they do not automatically have inheritance rights. Furthermore, it’s possible for your adopted and/or b…
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Depending on your generation, you might not consider digital assets as part of your estate. However, the rise of cryptocurrencies, NFTs, social media channels and digital media rights should be considered in your estate plan. Even domain names, blog…
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If you plan to leave part or all of your estate to someone with disabilities, it’s important to consult with an experienced estate planning attorney. People with disabilities or special needs often have specific financial concerns, such as Medicaid…
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Legal terms can easily be conflated with each other. If you’ve never worked in the legal industry, guardianship and custody sound a lot alike. Both involve taking on responsibility for a person (usually minor children). However, they are two separa…
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“The Sandwich Generation” might sound silly, but its challenges are unique. This term refers to people in their 30s to 50s, with aging parents and minor children. They’re “sandwiched” in the middle, taking care of both the older and younger…
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Whether you’re 25, 45 or 65, planning for your own long-term care is a wise decision. None of us know what the future holds, including whether our health will allow us to live independently. According to this 2019 study, 286,300 people are currentl…
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Whether you’re nearing retirement age, are a new parent, facing an chronic illness or any other life changing events, you can benefit from assigning powers of attorney. Powers of attorney authorize specific people, in specific circumstances, to mak…
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Estate planning is crucial to preserving wealth for future generations, and ensuring assets are distributed as the testator sees fit. Throughout the course of one’s life, they may change or update their estate plans to fit new circumstances. Creati…
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