Our Probate & Estate Administration Practice Focuses On Your Needs
Do you have a last will and testament? Everyone who owns any property should have one. A last will and testament will benefit your heirs and make the administration of your estate, once you have passed away, much easier on your family. It is better to take responsibility now and complete your will. Make an appointment with our attorneys at Holcomb & Hyde LLC today, as our rates are very reasonable.
At our initial meeting, we will inquire as to the assets you own and develop a game plan for the disposition of your assets after your death in accordance with your goals and wishes. We may also discuss with you whether or not you would like to execute a power of attorney that will allow someone you trust to handle your affairs in the event you are unable to do so at some point in the future. This is called a durable power of attorney. There are certain tools that are available that will help you avoid probate and the administration of your estate. We will discuss those options with you as well.
We also do a fair amount of living wills and durable powers of attorney for health care. These documents allow for your power of attorney to instruct your doctor on the course of action to take in your care and treatment in the case of certain events. A living will conveys your wishes to your medical doctors and allows your relatives and friends to know what your wishes are with respect to the extent of the care and treatment you want at or near the end of your life. If you do not want to linger on life support then you may want to consider a living will.
Our office also handles the administration of estates. The purpose of probating an estate is to make sure that property of the decedent lawfully passes to the person or persons so designated by the decedent’s last will and testament or in the case of no will, in accordance with the Ohio statute of descent and distribution. If you die without a will, the state of Ohio has a hierarchy or list of your relatives that will take from your estate. So if you pass away without having a will, the state of Ohio determines which of your relatives will receive your assets. In the event you have no relatives at the time of your death, the state of Ohio will take your assets. This is why it is important to have an updated last will and testament. You need to take charge of who gets your assets.