There is no question about it – we are living in a digital world. So many aspects of our lives are now housed online, from banking to social media. It is therefore more important than ever to carefully consider how your digital assets will be handled by someone else,...
Man’s best friend. A part of the family. Every day, dogs demonstrate their love and loyalty to their owners, which has inspired owners to leave some – or even all – of their estates to their beloved companions to ensure that these animals are well cared for after the owner’s death. This may sound ridiculous, but it is not. More…
Now, more than ever, we regularly rely on our phones and other electronic devices to not only assist us in navigating our daily life, but also to also store information. This information and the devices which hold that information can range from important to some to invaluable to others. Therefore, have you ever considered what should happen to your possibly…
If you’ve read a will or even if you’ve just seen a movie or television show involving an estate, you are probably familiar with an executor. When a loved one passes away, the last thing you want to think about is dealing with an estate. But, unfortunately, very often some level of work is necessary to settle the deceased’s financial…
Less than half of the population has a last will and testament. Ohio law provides a way to divide the property, or “estate,” left behind when a person dies without a will. Generally speaking, your estate will go to your spouse. Or, if you have no spouse, your estate will go to your children. If you have no children and…
This article originally appeared as a column for the Cleveland Jewish News. The more technology advances, the more we rely on it in our everyday lives. Where we once called first to our family doctor, we may now look first to the internet to research our symptoms. DIY is easier than ever with YouTube tutorials. Who needs an accountant when…
This article originally appeared as a column for the Cleveland Jewish News. In thinking of an estate plan, most people think first of a will. You may think next of things like joint and survivorship deeds, life insurance, or payable on death, or POD accounts. Perhaps you have gone so far as to create a trust. Hopefully, you have double-checked…
This article originally appeared as a column for the Cleveland Jewish News. When we think about life care planning, we think about many aspects of aging. Obviously, financial planning is important. A retirement plan will help to ensure income into the future. A will can ensure that your estate is passed to your heirs in the way you want it…
This article originally appeared as a column for the Cleveland Jewish News. The health care power of attorney and living will are two of the most important documents you could have in your life care plan. The former names a trusted loved one who would make medical decisions on your behalf in the event you were no longer able to…
This article originally appeared as a column for the Cleveland Jewish News. Death – right up there with taxes – is one of the few certainties, yet estate planning is something that many fail to consider until it is too late. Rather than leaving it to your spouse, your children, or worse, the state, to figure out, your best bet…