Step-Parent Adoption in Ohio: What You Need to Know
Taneff Law Blog
by Tina French
1w ago
Making a Difference: Step Parent Adoption of a Child The adoption process of a child is a somewhat unique legal process that ultimately aims to place the child in a safe and loving home. No matter the circumstances the ultimate goal is to ensure the child is happy and healthy. With step-parent adoption, a child can get a more secure sense of belonging and feel grounded in their own family. With the resources of Taneff Law at your disposal, we can reduce stressors throughout the adoption process. Learn more about the process of step-parent adoption below and contact our law office for more info ..read more
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How Often Should I Review And Update My Estate Plan?
Taneff Law Blog
by Tina French
1M ago
Your estate plan is a crucial aspect of your financial and personal affairs, outlining how your assets, estate, and belongings will be handled and distributed according to your wishes. However, simply creating an estate plan is not enough; it’s equally important to regularly review it in order to ensure that it reflects your current wishes and meets your needs. In this article, we’ll explore the importance of regular estate plan reviews, how often you should update your planning documents, and the key reasons why updating your estate plan is essential. Whether you’re experiencing a significan ..read more
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Why Is Estate Planning Essential for Everyone, Regardless of Age or Wealth?
Taneff Law Blog
by Tina French
2M ago
What is Estate Planning? Estate planning is a roadmap for your financial and physical assets and what will happen to them after your death. It is typically implemented with the assistance of a lawyer and often includes documents like a will, a trust, or durable power of attorney. Why is estate planning important? Estate planning is important for everyone to ensure that your assets go to the people you love and care about. Without a plan, everything you have worked your entire life to build may end up in the wrong hands or be subject to significantly more interference from outside sources. Thi ..read more
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Incorporating Digital Assets into Your Estate Plan
Taneff Law Blog
by Tina French
7M ago
As the world becomes increasingly digital, technology becomes more and more part of our lives. From online bank and investment accounts to social media profiles to cryptocurrency holdings and more, these digital assets are crucial components of our daily existence. However, many individuals often overlook these assets when creating their estate plans. It’s important to include digital assets in your estate plan just like you would include physical assets. In this blog post, we’ll discuss what digital assets are, why they’re important to consider, and how you can incorporate them into your esta ..read more
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What Are Tax-Efficient Estate Planning Strategies?
Taneff Law Blog
by Tina French
8M ago
Tax-Efficient Estate Planning: A Comprehensive Guide Planning for the future disposition of your assets and funds after death is an essential first step in securing your financial legacy through wealth management and ensuring your spouse and loved ones are well taken care of. In this guide, we will share a wide range of strategies and insights to help you navigate the complex business of estate planning and management with a focus on minimizing tax implications and insurance of your future. Whether you’re just starting to think about your estate or looking to optimize your existing plan, this ..read more
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ESTATE PLANNING SCREW-UPS!
Taneff Law Blog
by Tina French
9M ago
I DON’T HAVE MUCH. So what?! You can still decide who gets your stuff! You may not need a complex Trust, but a basic Will can direct where you want assets to go. Who gets the family Bible? Or your mother’s jewelry? Save your loved ones from fighting over who gets what. And keep your maybe not-so-loved ones from getting all of your stuff! Got kids? A Will allows you to name a Guardian for your lil snot-nosed pack-rats! A Durable Power of Attorney protects you while you’re alive and allows you to appoint someone to handle finances if you can’t. A Health Care Power of Attorney appoints someone to ..read more
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What Should Be In A Death Folder?
Taneff Law Blog
by Tina French
9M ago
Talking about death may feel uncomfortable but preparing for the future is important to ensure your estate is handled according to your wishes. In the event of your death, your loved ones will need access to your estate planning documents and other important information. Struggling to find this information can be an extra burden during an already difficult time. Some planning ahead on your part will make sure your friends and family can easily access the necessary information so they can focus their attention on other matters. What is a Death Folder? A death folder is a packet that conta ..read more
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What is the Difference Between Will and Estate Planning?
Taneff Law Blog
by Tina French
9M ago
What will happen to your belongings after you pass? Who will care for your children? Planning for the future is crucial. That’s where wills, trusts and estate planning come in. A will and other estate planning documents ensure there’s a plan in place for your care, assets and dependents in the event of incapacitation or death. Here’s what to know about will planning and estate planning. What is will planning? Will planning is the process of creating a will, a legal document that states what should happen to your belongings in the event of your death. It can be a standalone document or created ..read more
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The “Do It Yourself” Will
Taneff Law Blog
by Tina French
9M ago
Ahhhh… You think you’re gonna save money by using a do-it-yourself online Will, Trust, Power of Attorney, or just write something up yourself. We love it! Instead of avoiding one lawyer, in many cases it can guarantee work for one, two, or even three lawyers. So, on behalf of the Lawyer Relief Act… we thank you! A poorly drafted Will, Trust, or Power of Attorney may cost you much more in the end causing heartache and headache as well. And, not every situation is the same. People can wreak havoc by drafting their own estate planning documents. In the end, loved ones suffer the most from the cha ..read more
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Why Is Estate Planning Important For Family Business?
Taneff Law Blog
by Tina French
9M ago
Family businesses hold a unique place in our economy, with entrepreneurial endeavors passed down within families through generations. Your business not only embodies your hard work and significant dedication, but also carries your hopes and dreams for the future of your family. However, without proper planning, those dreams can be jeopardized. That’s where estate planning comes into play. By creating an estate plan, you can protect business and personal assets, ensure a smooth transition of business ownership, and maintain harmony within your family. Why is Estate Planning Important for a Fami ..read more
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