We have addressed many facets of estate planning and probate administration in this blog, but there are far more issues that people working through such issues may have to face. Whether you are a beneficiary or have been given the responsibility of serving as an executor of an estate, disagreements may arise and cause serious tension in the family. Our lawyers also know how these strains can become even more difficult to work through during the holiday season, when many families come together to celebrate.
If you have been named the executor of an estate, you may be facing different challenges and you could have a number of questions about your responsibilities. At Buechner Haffer Meyers & Koenig Co., our Ohio firm is very familiar with the hurdles that can arise during the probate process for those who have been given this responsibility in Cincinnati, and the rest of the state. During probate, it is vital to know your rights and go over the details of your circumstances if disagreements and other problems arise.
"Litigation rarely heals differences or promotes understanding," points out Jay Folberg, University of San Francisco School of Law professor and author of numerous books on alternative dispute resolution.
When internationally famous artist Prince was set to release a new EP on the anniversary of his own death, it took everyone by surprise. Fans were elated, but that elation would turn to disappointment within a day of the announcement. The EP, containing a new song called "Deliverance," wasn't to be released after all.
What happens when someone dies still owing a substantial amount of money? It's a really important question -- and a lot of us wrongly assume we know the answer.
After the death of a loved one, one of the last things you probably want to do is navigate the legal system. Unfortunately, you will have to do this if your loved one's will goes through probate, which most do.