Tag: cleveland estate planning lawyer

Estate Planning for Digital Assets: 5 Things You Should Do To Plan for Your Digital Assets.

Estate planning is the process of putting a legal plan in place so that in the event of your death or disability, your affairs will be managed in accordance with your wishes and will save your family headache and money.

What are digital assets?

Digital assets can be placed into four categories.

  1. Electronic access to financial information: Logins for your banks, brokerage, investment and retirement accounts, credit cards, insurance, tax preparation software, financial software like Quickbooks.
  2. Digital assets with value: Web addresses, online accounts that hold cash like Ebay or Paypal,
Read the rest

Where Should I Keep My Estate Planning Documents?

You’ve done the right thing. You’ve gone to an estate planning or elder law lawyer and had your basic estate planning documents prepared, ie. your Last Will and Testament, Financial Power of Attorney, Health Care Power of Attorney, etc. Now what do you do with these important documents?

Last Will and Testament

In Ohio, original Wills are very important. That is because if an original Will is lost, the law presumes that it was lost or destroyed on purpose. To admit a lost Will, the burden is on the individual seeking to admit the lost Will that it was executed in accordance with the law, what the contents… Read the rest

How to Make Gifts to Charities

Making a gift to a charity in your estate plan is a wonderful way to give back. Today’s blog post will talk about the basics of charitable giving.

Choosing Charities

Before you leave money to any charity, it is wise to go to a website like https://www.charitynavigator.org/ and https://www.consumerreports.org/charities/best-charities-for-your-donations/ to make sure that the charity is worthy of your support. Unfortunately, there are many great sounding charities that spend most of their operating costs on administrative expenses or are scams.

How to Make the Gift

A gift to a charity… Read the rest