Tag: child under 18

The 4 Major Pitfalls of Not Having a Last Will and Testament

There are four major downsides to not having a valid will upon death.

1. Inheritance

Without a valid will setting forth who will inherit your estate, ie. your house, money, prized coin collection, etc. the property will be distributed according to Ohio law and not your wishes.¬† Remember, if you want to be the one to decide who inherits your estate, you must have a valid will.¬† So what makes a valid will in Ohio? In a nutshell, it must be in writing, signed at the end by you, and signed by two competent witnesses who saw you sign your will. ¬†Although it may be simple enough to execute a valid will, the … Read the rest