Archived
If someone passes away without changing their beneficiary, and that person is an ex spouse doesnt the predeceased clause stand?
Elliott's answer
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Answered on March 13, 2014
In Ohio, there are two potential ways an ex-spouse can receive death benefits if designations are not updated:
Life Insurance Beneficiary...
Archived
Who would get the house? we each have 3 grown children from prior marriage
Elliott's answer
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Answered on February 20, 2014
A surviving spouse has a right to elect against the will and to take the share he or she would have been entitled to if there was no will. If for...
Archived
How do I get a court order granting a waiver of administration ?
Elliott's answer
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Answered on January 22, 2014
In Ohio, if a life insurance policy has a living beneficiary, payment of the policy avoids probate. Any life insurance policy that does not have a...
Archived
What happens if you die without updating beneficiaries of an IRA, and one of the beneficiaries is deceased?
Elliott's answer
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Answered on January 11, 2014
Generally, if there is no living beneficiary for an IRA the account would go through Probate. If there is one deceased beneficiary and one living...
Archived
What happens if a beneficiary has been considered dead for purposes of inheritance and theres no others and no estate?
Elliott's answer
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Answered on September 04, 2013
In Ohio, divorce will sever rights under a life insurance policy unless the policy falls within one of the limited exceptions. Here is an article...
Archived
How do I find an attorney to represent our family I a probate situation , my sister passed and all her property was left to us
Elliott's answer
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Answered on July 10, 2013
For information on Ohio Probate, I have attached an initial checklist that should be helpful to get started.
Archived
After a person is appointed executive of an estate through the courts, how much time period is there before inventory can be
Elliott's answer
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Answered on April 20, 2013
The executor/administrator must file the inventory within three months of appointment by the Probate Court. The heirs and beneficiaries must...
Archived
Well i have pretty much given up on long tern nursing home protection. irrevocable trust wise.
Elliott's answer
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Answered on April 03, 2013
Using a Revocable Living Trust allows for the transfer of assets to beneficiaries, avoiding Probate. This type of Trust can substantially reduce...
Archived
I would like to trademark a new business name. what would be my first step and the best way to get this done?
Elliott's answer
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Answered on March 23, 2013
To get full legal protection of your business name, a Federal Trademark application should be filed. If granted, a Federal Trademark will provide...
Archived
If I put my house & most of my saving in an irrevocable trust, may I still sell the house via my trustee and
Elliott's answer
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Answered on March 20, 2013
Here is a link to an article on point with Mr. Huddleston's answer: http://www.fizzlaw.com/article/ohio-creditor-protection-legacy-trust
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