Buechner Haffer Meyers & Koenig Co., LPA
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Posts tagged "Estate Planning"

The importance of estate planning

When a resident of Ohio dies, matters of estate planning often need to be dealt with long before the grieving process is underway. As stated by the Summit County Probate Court, bills and taxes will be taken from the estate upon death, and then the rest is dispersed and executed based upon the will. Unfortunately, many people put off their estate planning or updates, leaving loved ones to try to figure out what the person would have wanted posthumously, which can lead to confusion, legal headaches and bitterness between the parties involved.

Creating an estate plan the right way

For many Ohio residents, the thought of creating an estate plan for the time following their death may not be their first priority. However, neglecting the important task of putting financials in order and articulating last wishes can leave family members scrambling and confused after a loved one has died.

Powers of attorney can smooth the way toward financial security

John L. died of cancer at age 57. Luckily for his 51 year-old wife Erika, they had prepared in advance. They had put together a customized estate plan to give Erika the authority she needed to use their money and property while probate was still pending.

Why millennials need to think about estate planning

Too many people make the mistake of thinking that estate planning is only something you need to do when you are getting close to retirement. In fact, according to a recent survey by Caring.com, a whopping 78 percent of people under the age of 36 do not have a will or trust in place.

Buechner Haffer Meyers & Koenig Co., LPA

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