Wills and Trusts in Columbus, OH
There are various options to consider with an estate plan, and Rathburn & Associates is here to help you decide on the one for you. We’re well-versed in the wills and trusts in Columbus, OH, law and how to make them work for you. Our method is simple, and our plans work. Estate planning is the most important gift you can provide to yourself and your family. Let us help you get it going.
Depending on the circumstances, a plan may include a last will and testament and giving someone permission to speak on your behalf should you become incapacitated. Some situations may be best served by a living trust. Others may require that assets be re-titled to aid in avoiding probate and saving money. Assets may be titled so that they “transfer on death” by one of several ways, including “rights of survivorship”.
How Asset Transfer Works
Generally, the three primary types of assets to consider owning with “transfer on death” status are real estate, motor vehicles, and bank accounts. By using “transfer on death”, assets like these may be passed to your loved one without the need for probate court processing. This can make a sizable difference in what legal work will be necessary upon the death of an owner. Some items we will consider for your estate plan are:
- Last Will and Testament
- Living Will
- Re-Titling of Assets
- Power of Attorney