About Our Firm
Lemon Law
Personal Injury
Estate Planning
Probate
Auto Fraud
Predatory Lending
Hall Of Shame




Our Lawyers
In The News
Directions
Contact Us

PROBATE / ESTATE ADMINISTRATION

Probate refers to the process established by law to transfer the assets of a deceased person (the "decedent") where those assets are held solely in that person's name at his or her death. This process provides for appointment of a person to administer the estate, which includes gathering assets, paying just debts or taxes (if any) and distributing the net assets according to the terms of the decedent's Will. If there is no Will, Ohio law provides to whom the assets are to be distributed.

The existence of a valid will, executed with the assistance of an attorney, aids greatly in making administration of a decedent's estate smooth and more cost effective. Often finalizing the affairs of a deceased person involves probating and trust administration or handling of assets that have been titled to avoid formal probate administration.

TRUST ADMINISTRATION

Where a person has transferred assets to a trust, legal assistance is generally required for trust administration upon that person's death. Special rules apply that affect tax liability and the responsibility of the trustee based upon the terms of the trust.

Our firm has more than twenty-five years of experience assisting people in the administration of estates or trusts, and in finalizing the affairs of loved ones.

 

Young & Yeargin 507 Canton Road Akron, Ohio 44312 Phone: 330-784-8800 Fax: 330-784-8880

Disclaimer: The information on this website is strictly for informational and advertising purposes only. Nothing contained on www.youngyeargin.com should be construed as legal advice. Please contact Young & Yeargin if you have any questions or concerns about the information contained at www.youngyeargin.com.