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Commonly Asked Questions about Ohio Estate Planning Documents

What Is an Estate Plan? An estate plan is a collection of documents and includes a will, guardianship designations, healthcare power of attorney, beneficiary designations, durable power of attorney, and a personal letter of intent, outlining your wishes, should you die or become incapacitated. 6 Estate Planning Must-Haves - Investopedia investopedia.com estateplanchecklist investopedia.com estateplanchecklist
Get a head-start on planning and follow these 7 easy steps: Take Inventory of Your Estate. First, narrow down what belongs to you. Set a Will in Place. Form a Trust. Consider Your Healthcare Options. Opt for Life Insurance. Store All Important Documents in One Place. Hire an Attorney from Angermeier Rogers.
Key Takeaways Common estate planning documents are wills, trusts, powers of attorney, and living wills.
The most common reason for challenging a will is that the testator was not of sound mind. Sound mind means that the person, at the time of executing the will, had the mental capacity to understand the nature and extent of their property and understand what they want to happen to the property after their death.
State laws usually require that a will is in writing but do not specify that it must be typed. A handwritten will that meets witness requirements is admissible to probate in most states. However, typing a will is preferred because it avoids forcing a judge to interpret the testators handwriting.
Section 2107.03 | Method of making will. Except oral wills, every will shall be in writing, but may be handwritten or typewritten. The will shall be signed at the end by the testator or by some other person in the testators conscious presence and at the testators express direction.
The Estate Planning Must-Haves. Wills and Trusts. Durable Power of Attorney. Beneficiary Designations. Letter of Intent. Healthcare Power of Attorney. Guardianship Designations. Estate Planning FAQs.
Most wills are typed or printed and signed by the testator. However, Ohio allows some exceptions to this standard. Handwritten Will: The testator may handwrite their will, but the testator must sign it at the end, and two competent witnesses must present for it to be valid.
In the few other states where handwritten wills are still valid, often they will require notarization. That is not the case in Ohio. While a notary does give a certain amount of legitimacy to handwritten wills, theres no state statute saying its required.