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Medina County estate planning attorney prenuptial agreement

It can be uncomfortable to imagine what life will be like when you are gone. You may be imagining your spouse lonely or moving on or you may picture your kids continuing to grow up without you there. While you may not be able to control what happens to your loved ones after you pass away, you are able to determine how you would like your assets dealt with upon your death. This may include your finances, property, or other valuable belongings that you would like to control whose hands they fall into. There are two types of legal documents that designate how your affairs will be handled after your passing, and deciding which works for you is an important step in the Ohio estate planning process.

What Is a Will?

A will is a legal document that allows you to outline where your assets will be distributed and how you would like your affairs handled upon your death. You will list out your various assets and name the person who will receive this asset. This will include your home, vehicle, any owned property as well as your financial savings. For those with children who are minors, creating a will is especially important. It will allow you to name their legal guardians in the instance of your death. This can be a difficult decision to make, imagining who will care for your kids in your absence, but this will keep your children from being placed with family members who you think may be unfit to care for them. You can also divide up your estate between your children within your will, or even remove a child or spouse from being a beneficiary if you wish.

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