Category Archives: Wills/Trusts/Other Probate

What is the most important piece of estate planning?

The most important piece of your estate planning at death is certainly a will or trust. Continue reading

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What kind of property goes into a trust?

Most people’s largest and most valuable assets go into a trust. Continue reading

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Is there more than one kind of trust?

There are possibly 100 or more types of trusts and variations of them. Continue reading

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I already have a will. Why should I consider a trust?

A trust solves a common problem that stems from the goal to avoid Probate Court. Continue reading

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What happens if I do not have a will or trust?

Most people will need a trust if for no other reason than to avoid the Probate Court process in the county where they live and pass away in Ohio. Continue reading

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What is a trust?

Ohio law allows for each person to set up a document to safe-keep their assets. This is called a “trust.” Continue reading

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We are not rich. Do we really need a trust?

You do not have to a millionaire to need a trust. As a rule of thumb, anyone with probate assets of more than $50,000 should consider a trust. Continue reading

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How do I get my property/assets out of a trust if I need them?

If you need to remove assets from a trust during your lifetime, you have the right to do that. You can deed any real estate back out by using a deed, and you can sell the assets or use them as collateral on a loan. These assets in the trust still belong to you. Continue reading

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What happens to my property once it is in a trust?

Once you have moved some property into a trust, it will be protected from the Probate Court process. All assets in the trust, if moved there properly, will pass to your trust beneficiaries directly without any interference from the Probate Court. Continue reading

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How do I put property into a trust?

Moving property into a trust is called the “funding” stage and occurs after you have created the trust. Continue reading

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