McCarthy Law Office Blog
Latest News About Our Law Firm
You Need a Will—Let’s Make it Happen
Having a will is one of the most important things you can do for yourself and your family. A will is one of the fundamental documents of an estate plan. An estate plan is simply your instructions stating who gets what you have and when they are to receive it. Whether...
Tips for Selecting a Guardian For your Children in Cincinnati
No parent wants to think about what would happen to their children if both parents died prematurely and were not able to raise their children. Without the proper plan in place, a court will make that decision for you. Poor planning could lead to relatives arguing in...
Avoid These 10 Common Estate Planning Mistakes
Have you been meaning to finally get a will? Maybe it has been years since you even looked at your documents. Now is a good time to do so. Drum roll please, here are some common mistakes I have seen over the years:Not having a written plan. Not having a plan is...
McCarthy Law adds a West Side Office
Do you need a will but would prefer not to go downtown? McCarthy Law Office now has an office on the West Side for this very reason. We now offer a convenient location at 5600 Harrison Avenue, Suite 200 in addition to our existing location on Court Street.Whether you...
Why You Must Fund Your Trust
Revocable living trusts offer many benefits over wills, including asset management and probate avoidance. But even the best designed and drafted trust will fail unless it is properly funded. Once completed, the trust is just an empty vessel until it is filled with...
Understanding the Difference Between a Will and a Living Trust
Do you need a will? Do you need a trust? What the heck is a trust? Most clients I meet with know they need a will. Most have heard of a trust. But most cannot really define a trust or define why a trust is or is not appropriate for their specific needs. So what is the...
Why You Must Coordinate Your Assets
An estate plan is more than just your will. More and more wealth is controlled by beneficiary designation. A will does not override or control assets that contain a beneficiary designation. Such assets may include:Real estate controlled by a Transfer on Death...
Four Estate Planning Items Every Family Should Have
To dispel a common misperception, estate planning is not only for the wealthy. A basic estate plan is necessary for everyone, regardless of income or assets, because we all want to minimize costs, confusion, and stress for loved ones after a death. If you do not make...
Top 10 Things to Know After a Car Accident
1. Stop. You must stay at the scene. You can move the cars to a safe place if necessary, but do not leave the area.2. Check for injuries for you, your passengers, and other involved in the accident. If seriously injured, go straight...
New Ohio Law Gives POA Authority for Digital Assets
Twitter. Gmail. Facebook. Snapchat. Dropbox. Itunes. You get the idea. So much of what we do is now online. Revised Code Section 1337.571 becomes effective this week and gives fiduciary power to access digital assets. When crafting your estate plan, consideration must...