Our goal at Ibis Legacy Law, LLC is to help individuals and families plan ahead to minimize complications in the administration of their estates.  However, we also recognize that not everyone plans ahead, so we are here to help minimize the delays associated with some of the most common reasons for delays in a probate estate.

The Pros and Cons of Powers of Appointments

An often misunderstood but common estate planning tool that can appear in estate planning documents is the power of appointment. Not to be confused with a power of attorney (the document that allows you to delegate certain powers to an agent to act on your behalf...

Q & A on Probate Basics in Ohio

What is Probate? Probate is the legal process in which a deceased person's will is validated, their assets are identified, debts are paid off, and the remaining property is distributed to their beneficiaries. What is an Executor? An executor, also known as a personal...

Slicing Your Estate Planning Pi(e)

With only a few possible exceptions, you are free to use your estate plan to slice up your wealth for the benefit of anyone you choose. Some common beneficiaries you may choose are spouses or other significant others—such as your boyfriend, girlfriend, or partner—and children.

Ladies, You Need an Estate Plan

It is important for women to take care of themselves through financial and estate planning designed to provide for their own future needs, which may differ from those of their male family members, as well as family members who may be dependent on them.

Winter Planning for a Great Spring, Part 2 of 3

The Deceased Spouse’s Unused Exemption Amount: a Spouse’s Final Gift Spouses often work together to build wealth for themselves and their children. Congress recognized this by enacting the gift and estate tax portability election as part of the 2010 Taxpayer Relief,...