A common mistake you should avoid with estate planning is neglecting to revise your will and other important documents after important milestones in your life. Regular updates ensure that your estate reflects your intentions and provides for your loved ones. You...
Counsel of Good Value: Ziegler Metzger's Motto Since 1952
Estate Planning
Mistakes that might derail your estate plan
A sound estate plan may make it easier for the right person to retain control over your assets after your death. For instance, it can help to ensure that the correct heir obtains your car, bank account or Ohio home. It also allows you to name a guardian for any minor...
When is it necessary to update your will?
You might have drafted a will years ago that you thought would have staying power. Like many people, you might have assumed that your relationships and assets would remain stable throughout your lifetime. Even if this has been the case, failing to account for any...
3 pitfalls of do-it-yourself estate planning
The internet is full of videos telling people how to do things on their own. While these videos can be useful for understanding the most effective way to paint your living room or providing you with a visual guide for determining where the mystery screw belongs in a...
Why should I create a will after my wedding?
As you begin your newlywed life, the last thing you want to think about is what would happen if you would separate from your spouse, or worse they pass away. However, having a will can help you tie up loose ends or what ifs you may have about individual and shared...
What you need to know about a special needs trust
Disabilities can create many financial difficulties, such as the inability to work and the need for long-term treatments, caregivers and medical devices such as customized wheelchairs. Fortunately, there are government programs that assist families and individuals...
What you need to know about the new estate and gift tax laws
As a reasonably well-to-do Ohio resident, you probably already have a will. Maybe you also created one or more trusts that benefit your children or grandchildren. In all likelihood, you created these documents and possibly others as part of your overall estate plan...
What does power of attorney mean?
As you prepare your estate plans, you may find yourself confused by all the legal jargon. What is the difference between a will and a living will? Do you have to establish a trust? What does power of attorney mean? The last question is important to review because it...
What happens when a will cannot be found?
If a close relative dies and you are left trying to figure out his or her estate, it is quite helpful if there is a will. However, if you cannot find the will, then it is not going to be of much help. Luckily, there are some steps you can take to try to find the will...
Why do you need a will?
Creating a will is one of the most important things you can do to care for your family after you are gone. Death does not come at a pre-planned time, and you never know when the unthinkable will happen. To ensure the care of your family and the division of your assets...
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