The estate planning process involves a cooperative process between the client and the attorney. By addressing the client's goals, Dietz Law Office will assist its clients in developing the most appropriate and effective estate plan. The client's job is to understand and recognize their assets, how they are titled and what if any beneficiary designations exist.
Attorney Dietz works with his clients to aid them in the identification of their goals with respect to the disposition of assets upon their passing. With these goals, Attorney Dietz then works with his clients, together, in the creative process of identifying an appropriate estate plan for them, at that time in their lives. Furthermore, life is fluid.
Who is closest to us, changes; relationships are ever evolving and your assets also change over time. It is important that you review your estate planning on a regular basis. Just because you completed a Will, once in your life, does not mean that revisions are not warranted. Most individuals consider estate planning their obligation, to make the transition of assets upon their death easier for those whom they leave behind.
Attorney Dietz works with his clients to aid them in the identification of their goals with respect to the disposition of assets upon their passing. With these goals, Attorney Dietz then works with his clients, together, in the creative process of identifying an appropriate estate plan for them, at that time in their lives. Furthermore, life is fluid.
Who is closest to us, changes; relationships are ever evolving and your assets also change over time. It is important that you review your estate planning on a regular basis. Just because you completed a Will, once in your life, does not mean that revisions are not warranted. Most individuals consider estate planning their obligation, to make the transition of assets upon their death easier for those whom they leave behind.
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Attorney Jim Dietz grew up on a family-owned dairy farm.
He graduated from Capital University with majors in political science and honors economics.
He went on to secure his Juris Doctorate from The Ohio State University in 1985.
Starting with law school, Jim Dietz has had an interest in estate planning and estate administration.
While in private practice, attorney Dietz has been able to pursue his interest, ultimately devoting the majority of his practice to estate planning and estate administration.
He graduated from Capital University with majors in political science and honors economics.
He went on to secure his Juris Doctorate from The Ohio State University in 1985.
Starting with law school, Jim Dietz has had an interest in estate planning and estate administration.
While in private practice, attorney Dietz has been able to pursue his interest, ultimately devoting the majority of his practice to estate planning and estate administration.
It is important to have a will prepared because you want to be in control of the disposition of your assets and not relinquish the control to others.
In addition, individuals with minor children use their wills to designate future guardians for their children.
It's unimaginable to leave that decision to a court without any input from you.
Completing the estate planning process is the best gift you can leave to your friends and family.
One should start thinking about having a will prepared as soon as one legally becomes an adult, when one acquires assets, when one gets married and has other people counting on them, and definitely when one becomes a parent - again because you want to provide for your family.
In addition, individuals with minor children use their wills to designate future guardians for their children.
It's unimaginable to leave that decision to a court without any input from you.
Completing the estate planning process is the best gift you can leave to your friends and family.
One should start thinking about having a will prepared as soon as one legally becomes an adult, when one acquires assets, when one gets married and has other people counting on them, and definitely when one becomes a parent - again because you want to provide for your family.
Trusts are especially important for individuals who (1) have potential estate tax consequences; (2) individuals who have real estate in more than one state; and (3) individuals who want or feel a need to control their assets beyond their death.
For instance, if one leaves minor children behind, perhaps it would be preferable to provide the minor children receive their inheritance greater than age 18.
Likewise, sometimes your beneficiaries have medical or other issues in which it would not benefit them by having significant assets titled in their name.
For instance, if one leaves minor children behind, perhaps it would be preferable to provide the minor children receive their inheritance greater than age 18.
Likewise, sometimes your beneficiaries have medical or other issues in which it would not benefit them by having significant assets titled in their name.
In general, the estate administration or probate process is a legal process of collecting, maintaining and distributing an individual's assets upon their death to valid creditors, heirs and beneficiaries in accordance with an individual's designated wishes as set forth in their will or Ohio law.
Not all assets are probated.
It depends upon what the individual did with those assets during their lifetime as to whether or not a probate process is required.
Ohio law provides for the administration of individual's estate, with or without a will.
Not all assets are probated.
It depends upon what the individual did with those assets during their lifetime as to whether or not a probate process is required.
Ohio law provides for the administration of individual's estate, with or without a will.
A guardianship is a court ordered relationship whereby a court appointed guardian acts on behalf of the Ward.
There are two elements to a guardianship, guardians of the person and guardians of the estate.
Guardians of the person assist in ensuring that the Ward's day-to-day care and personal needs are being met.
Guardians of the estate are responsible for dealing with the Ward's assets.
Guardianships in Ohio are intended to include the 'least restrictive alternatives' for the Ward.
Thus, special circumstances and limitations are often a part of any court ordered guardianship.
There are two elements to a guardianship, guardians of the person and guardians of the estate.
Guardians of the person assist in ensuring that the Ward's day-to-day care and personal needs are being met.
Guardians of the estate are responsible for dealing with the Ward's assets.
Guardianships in Ohio are intended to include the 'least restrictive alternatives' for the Ward.
Thus, special circumstances and limitations are often a part of any court ordered guardianship.
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