There is a significant difference in how Ohio residents over 50 approach estate planning compared to how their children and grandchildren approach the subject. For the most part, older Americans have spent their lives managing their money in an organized and focused manner. Conversely, younger Americans tend to be more worried about paying off debt or meeting other challenges as opposed to thinking about the future. This lack of planning is something that many parents and grandparents find hard to understand.
Why you should update your estate planning during a divorce
When going through a divorce, there will be a lot on your mind. You will most likely be focused on child custody, property division and getting your life re-established. It may not be the easiest time to add one more legal process to your plate, but it will be important to revisit your estate planning during your divorce.
Providing children of divorce with a quality holiday season
Divorce can be difficult for parents in Ohio and in any other state. It can also add more stress for parents during the holiday season. Ideally, they will realize that the goal is to provide for the needs of their children and ensure they have a quality experience. This will generally involve adults communicating with each other as well as with their kids prior to the holiday season.
