Jan 31, 2019 | Trusts & Probates
I will admit that, living in sometimes frigid Cleveland, I am envious of those who have property out of state – especially in warmer climates like Florida or Arizona! However, having out of state property comes with challenges when the owner passes. Every county in... Read More
Nov 21, 2018 | Trusts & Probates
I am hoping that most of you reading this already have prepared (and signed) a Will, Power of Attorney and maybe even a Trust document. A question I always get from my clients is: now what do I do with these documents? If you are having the same questions, this... Read More
Nov 21, 2018 | Trusts & Probates
As an estate planning attorney, I find that there are many misconceptions about trusts. The biggest misconception is that trusts are only for the wealthy. This unfortunately is just not true and almost every single trust I have prepared are for reasons having... Read More
Nov 21, 2018 | Trusts & Probates
Many different assets, whether it be life insurance, an IRA, bank account, etc., allow for a beneficiary to be named. A beneficiary is an individual, or a trust, that will receive this asset upon your death. The beneficiary has no ownership rights during your... Read More
Nov 21, 2018 | Trusts & Probates
It is true that a typical probate administration of an estate takes a little over a year from start to finish. But, if an estate is small, Probate can be done in six (6) weeks or less! This depends upon when the decedent passed, who paid funeral expenses and who are... Read More
Nov 21, 2018 | Estate Planning, Trusts & Probates
When I meet with clients to discuss their estate planning or when counseling a family after the passing of a loved one, the topic of taxes normally arises. Most clients assume that there will be a huge tax bill that needs to be paid, however, many clients are... Read More
