If a person passes away without an estate plan, with only a will based estate plan, or an unfunded trust, it will be necessary for the estate to be administered through the probate court. The probate process in Ohio can be lengthy, complicated, and expensive. Our firm has handled in excess of 1,000 estates and we have the expertise to help you navigate the probate process as efficiently as possible.
A person who is named in a will as an executor, has a fiduciary duty to carry out the following:
Since an executor has fiduciary duties, the executor must carry-out his duties according to law and can be held personally liable for any mistakes or conduct.
As probate administration can be complicated, it is important to have proper legal representation.
If a person passes with their assets titled in the name of a living trust, a probate administration will not be necessary. Not only does a trust avoid probate and the associated expense, a trust can also protect young children as beneficiaries. Further, trust can also provide privacy and protection from creditors and the public after death.
The Ohio Trust Code provides specific duties the trustee must fulfill. Our attorneys and staff are experienced at guiding our clients through the trust administration procedure.