TAG: #transfer on death

Expert Guide to Avoiding Probate and Protecting Assets in Ohio

A commonly asked question our firm often gets is “How do I protect my assets and avoid probate for my next of kin when I pass?” A few steps can easily be taken to avoid the probate process and protect your assets from defaulting to your estate.  Transfer/Payable on Death…

What Happens to a POA After Death?

“Dealing with the aftermath of a loved one’s passing is never easy, especially when it comes to legal and financial matters. One common misunderstanding surrounds the role of a Power of Attorney (POA) after death. Does it remain valid, or does it cease to exist? In this insightful article, we delve into the intricacies of what really happens to a POA once someone passes away. We’ll also explore the necessary legal steps and alternatives like letters of authority and transfer on death nominations, guiding you through the complexities of managing affairs after the loss of a loved one.”

Immediate access to funds

When we talk about estate planning, a common concern of my clients is whether their loved ones will have immediate access to funds to pay for the burial or funeral, if arrangements have not already been pre-paid. One of the easiest ways to achieve this is by nominating someone as…