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Dorothea J. Kingsbury Estate Planning & Probate Attorney

October 2017 Archives

There is little glory in the job of an estate executor

Anyone who has ever served as the executor of a loved one's estate will likely say it is both an honor and a burden. In fact, few who have the experience ever want to repeat it, and they may take extra care in choosing their own executors to avoid leaving loved ones with the stress and frustration the duties entail.

What's the difference between primary and contingent beneficiary?

No matter when you decide to initiate the estate planning process, it is important to understand what decisions you need to make and how it could impact how your wishes and intentions are played out. When it comes to retirement accounts, you must be sure to name a beneficiary. In addition, that named beneficiary should not conflict with those named in your will. While this can seem easy enough, individuals in Ohio and elsewhere can find this process challenging and confusing, especially when they are required to name an added beneficiary as a contingency.

Understanding the roles of an executor of an estate

We all are faced with difficult decisions that we must make for the future. This can be both overwhelming and nerve wrecking because we simply cannot predict the future. Nonetheless, we can make speculations and anticipations, making it somewhat clear what our wishes might be. This is only one factor that makes the estate planning process challenging and the process that is often delayed or put off until the last minute.

Helping you draft the best estate plan for you

Thinking about the future and the end of your life is not pleasant. However, we are all human beings, and we all must face the fact that we will not be around forever. Certain life events often trigger us to think about planning for our future and protecting our loved ones. Whether it is a new job, the purchase of a home, the birth of a child, the diagnosis of a disease or retirement, many life events can spark the estate planning process.

Guardianships for children when the unthinkable happens

One of the most difficult parts of estate planning for parents is trying to decide the best interests of one's minor children in the event of a tragedy. Single parents may feel the burden of this possibility more than others, but all Ohio parents eventually realize that there are no guarantees in life, and there is always the chance that their children could be left without parents. While this heartache is nothing to dwell on, it is definitely something for which to prepare through careful estate planning and designating trusted people to guardianships.

Avoiding common estate planning mistakes

For most Ohio residents, taking the time to protect their future is important. A vital part of one's current and future life is their finances. While we cannot predict what life will bring or what our assets will look like at the time of our deaths, it is still important to take precautionary steps to protect your property and assets after your passing. Developing an estate plan, however, is not always an easy task. And for some, it is easy to rush through it or fall for common misconceptions and pitfalls.

Good Advice. Real Solutions.

I am attorney Dorothea J. Kingsbury. I provide good advice and real solutions to challenging problems. I can help you choose and personalize estate planning instruments that meet your family's present and future needs. I can develop elder law strategies that ensure proper care for your loved ones. I can guide you through the probate/estate administration process when a family member has passed away. I can help make sure your interests are protected during your real estate transaction. I am here to make things easier.

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