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One of the most daunting tasks for some people in their estate planning is choosing the right person to handle power of attorney responsibilities. When you designate power of attorney, you are granting another individual to act on your behalf for personal, legal and professional reasons.

As you approach your retirement years, it is vital for you to review your estate plans more often. Though you may be more concerned about where your possessions will go after you die, you must not overlook concerns that may arise while you are still living.

Small business owners in Ohio would be well advised to take a look at the benefits of estate planning for transferring one's share or its value to their heirs at death. This will usually involve a mix of legal instruments drawn from both estate planning and business law agreements to make the transition easier and ultimately more lucrative for one's heirs.

Launching a startup business in Ohio is a process that requires an initial cash investment that will get the company started and operating without suffering the limitations of being cash poor.

A dispute over a loved one's will generally begins long before the family member dies. Often, old feuds and long-held grudges surface in the emotion of someone's death and the disclosure of the contents of the will.

The procedure to start an estate in the probate court after a person's death is generally similar in Ohio and other states. The procedure can be slightly different if the decedent had no will. In either case, the probate court will not get directly involved in the estate's details unless problems arise.

The general probate process is similar in all states. The terminology may vary to some extent in the different jurisdictions, creating what looks like divergent laws and procedures. Actually, the general pattern of probate is similar from state to state.

Over the past year or so, the media has given an extraordinary amount of attention to cryptocurrency. Arguably, the most popular form of this currency is bitcoin, but there is also litecoin, ripple and ethereum.

The strong point of making a will in Ohio and elsewhere is that it gives to the maker the right to control the disposition of estate assets after his or her death. This is no small benefit when one considers that, without a will, the disposition of assets will go by state statute.

The growing acceptance by most people in Ohio and nationwide of the benefits of the internet has resulted in their willingness to store even vital information, documents and financial accounts online. This trend brings up estate planning issues that require important evaluation and decision-making.