Estate Planning involved dealing with the distribution of an individual’s property at his or her death, taking into account will, taxes, property, and trusts so as to gain the maximum benefit of the law while also honoring their last wishes.
BENEFITS OF ESTATE PLANNING
No one wants to think about the end or their life. In many cases, people will put off estate planning or writing their last will and testament because they believe it is too difficult or unpleasant. However, delaying the process can mean your loved ones are stuck with expenses and stressful proceedings after your death. In Ohio there are default rules determining who will inherit your property after your pass away. Unless you make a last will and testament or use other estate planning tools, your property may not go to the people you want to have it. Even worse, your family may argue over your assets, even worse, incur extra legal expenses, and your goals and last wishes may not be observed or followed.
If you are unsure where to begin, contact Tom Scott at 937-853-3100 to help you get started. Schedule a free consultation to assist you in tailoring an estate plan for your needs.
Probate is the court proceeding through which a will is determined to be valid and the estate of the decedent is administered. The process, generally, includes collecting the decedent’s assets, liquidating liabilities, paying necessary taxes, and distribution of property to heirs.
AREAS OF PRACTICE
- Last Will and Testament
- Power of Attorney
- Living Will and Health Care Power of Attorney
- Estate Planning Tools
- Estate Administration and Probate
- Guardianship and Conservatorship
- Name Changes
Call Tom Scott today at 937-853-3100 for you, for your family.