For business owners, there are few things more frustrating than facing a lawsuit. According to a recent report cited by Forbes, somewhere between 36 and 53 percent of businesses in the United States are sued each year. Litigation can come from a supplier, a competing company, an employee, a client/customer, an employee, or even a… Read more »
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What are the Steps for Contesting a Will in Ohio?
Every adult in Ohio should have a will. When a person passes away, their will largely controls what happens to their property and assets. Without a will, surviving family members can be stuck trying to work out a complicated, unclear situation. At the same time, probate disputes can arise even if there is a will…. Read more »
Why You Need Power of Attorney for Special Needs Children
According to data provided by the Health Resources and Services Administration (HRSA), approximately one in eight American children have special needs. Special needs children require specialized planning, especially when parents are setting up their estate. Here, our Ohio estate planning lawyer explains the importance of setting up a power of attorney for a special needs… Read more »
Should You Keep Old Wills or Destroy Them?
Every adult should have a will. Not only does a properly-drafted will ensure that your last wishes are respected, but it will also reduce the risk that your loved ones end up locked in a dispute. Your will should always be updated to reflect your current needs and desires. In some cases, you may even… Read more »
Do Not Die Owning a Car Unless . . .
I received yet another call today from the daughter of a client for whom I drafted a trust. The daughter had an all-too-common question: Dad owned a car at his death. His daughter’s question was, “How do I transfer the car to my sister?” I asked if her father had the car titled in his… Read more »
How Often Should My Estate Plan Be Reviewed?
An estate plan helps to ensure you and your family are ready for the future. Every adult should have a personalized estate plan in place. Of course, life brings change. The estate plan you set up ten years ago may no longer be effective. This raises an important question: When should I have my estate… Read more »
No Good Deed Goes Unpunished
A familiar scenario: Old Aunt Rose is a widow, and her two children live in L.A. and don’t seem to care about her. Aunt Rose is having more and more trouble with the business of daily life—writing checks to pay her bills, driving to the doctor’s office, driving to the grocery store, cleaning the house,… Read more »
Does A New Will Cancel An Old Will?
A will is a core aspect of a comprehensive estate plan. Of course, a will is not always a static document. Estate planning needs change over time — and your will may need to be revised or even replaced. This raises an important question: Does a new will simply cancel out the old one? The… Read more »
How Often You Should Review Your Estate Plan
Broadly defined, an estate plan is the process of preparing legal and financial affairs to ensure that you and your family are fully protected. Estate planning is not a static process. An estate plan should be reviewed and revised on a regular basis to ensure that it is fully updated to reflect life’s ever-changing circumstances…. Read more »
Why You Need A Business Law Attorney When Forming A New Business
Entrepreneurs put a tremendous amount of effort and resources into their company. Of course, building and growing a successful business is not easy. According to data from Small Business Trends, approximately half of new companies fail within the first five years. Many new businesses do not even make it through the first year. As challenging… Read more »