In today’s increasingly digital world, our online presence has become a significant part of our lives and legacy. From social media accounts to cryptocurrency, email correspondence to online banking, these digital assets represent both financial value and sentimental importance. Yet, many estate plans still focus primarily on physical assets while overlooking their digital counterparts. Understanding...
Creating a will is an essential step in ensuring your wishes are honored and your loved ones are protected after you pass away. However, many people make the mistake of treating their will as a “set it and forget it” document. Estate planning experts generally recommend reviewing your will at least every three to five...
As parents, we do everything possible to protect our children. Yet surprisingly, nearly two-thirds of adults have not designated a legal guardian for their minor children in their will. This oversight could leave your children’s future in the hands of the courts should the unthinkable happen. Why Naming Guardians Is So Critical When making a...
Discovering that a loved one’s will doesn’t reflect what you believe were their true intentions can be both emotionally challenging and legally complex. Whether you suspect fraud, undue influence, or question the testator’s mental capacity, contesting a will requires understanding specific legal grounds and processes. At HV Legal, we’ve guided numerous clients through successful will...
When planning your estate or handling the affairs of a loved one who has passed away, understanding tax implications is crucial. While Ohio eliminated its estate tax in 2013, there are still important considerations for Ohio residents regarding both estate and inheritance taxes. Let’s explore the key differences and what they mean for you. Understanding...
The estate administration process can be a complex journey filled with legal requirements, paperwork, and deadlines. As an executor or administrator in Ohio, knowing when and how to properly close an estate marks the culmination of your fiduciary duties. This final phase requires careful attention to ensure all obligations are met before you can be...
