Recent Posts Tagged With 'minor children'

• Some Life Events Should Prompt a Visit to Your Estate Planning Attorney

  Posted on Friday July 10th, 2009 at 10:49 in divorce, estate planning, guardian, wills, prenuptial agreement, antenuptial agreement, beneficiary designation, minor children, contingent trust

  The following is a list of events that warrant setting up an appointment with your estate planning attorney: First Marriage – In most instances when a couple marries, they will want reciprocal wills that leave their estates to each oth...

• Life Insurance Review Part II – Minor Child as a Beneficiary

  Posted on Thursday February 19th, 2009 at 22:27 in Life Insurance, beneficiary designation, minor children, contingent trust

  Another life insurance planning mistake is naming a minor child as a beneficiary.  This will almost certainly require that a guardianship be set up for the child through the probate court, incurring court costs and attorney fees.  The probate court...

• What's a Contingent Trust?

  Posted on Tuesday January 6th, 2009 at 12:24 in estate planning, trusts, minor children

  A contingent trust is a written agreement directing how a person's estate should be managed and distributed in the event of a certain occurrence.  In most cases, a contingent trust is used to address the possibility that your spouse does not survive...

• Another Planning Tool Available in Ohio

  Posted on Friday December 12th, 2008 at 12:48 in agent, guardian, nomination, will, power of attorney, estate plan, planning tool, adult incompetent, minor children

  Most people are aware that they can nominate a guardian for their minor children in the event that they are no longer available. This is typically done in a person’s will and may also appear in a separate document such as a power of attorney. Ohio...