Probate is the process of distributing a person’s estate — that is, their assets and property — after they have passed away. If that person created a will, probate tends to be fairly simple and straightforward. If, on the other hand, that person did not leave behind a will, the legal professionals involved must defer to Ohio’s state laws in order to complete the process. For this reason, it is always advisable to create your own estate plan sooner rather than later. That way, you can rest easier knowing your estate is secure, your wishes are known, and your loved ones will not have to face an unnecessary legal headache in the future.
Probate in Ohio
Ohio no longer collects estate taxes from its residents, which is very fortunate for people entering into the probate process. Now, as they’re examining their loved one’s remaining debt that needs to be paid, they can simply check this item off the list.
Still, a number of other factors affect the manner in which the probate process needs to be handled for each case. If, for instance, you and your loved one shared a home, you may have to complete an affidavit of survivorship. In other words, you would need to take certain steps that legally declare you as the now sole owner of the property you previously shared. This, of course, is one scenario of many that may come into play during the probate process. To ensure nothing is being overlooked, it’s best to seek the aid of an experienced probate attorney.