Payable-on-death designations are used on all kinds of financial accounts, including savings and checking accounts. They provide an easy (and immediate) way for money to transfer to someone else as soon as the owner of the account passes away. But a payable-on-death...
Month: June 2021
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Probate: A long process, especially with litigation
The probate process can be long and tedious for those involved, especially if there is a dispute. Probate happens for many estates in Ohio, but when an estate plan is set up correctly and everything goes smoothly, it usually takes between six months and a year. When...
Is someone stealing your inheritance?
There may be surprises in store when a loved one dies. These can be pleasurable ones, such as finding out your aunt left you a fortune you never knew she had. Or, they can be less pleasant. Perhaps the most disappointing of all is finding out that a family member is...