Atkins and Atkins Attorneys at Law, LLC

Including an art collection in an estate plan

For art collectors in Ohio, paintings and sculptures are often their most precious possessions. Accumulated over years and at significant cost, art collections reflect not simply financial investments but also aesthetic passions. At the same time, they can be valuable assets. Despite that fact, many people hesitate to make a plan for how a collection will be handled after death. However, failing to include artwork in an estate plan can come with significant costs for heirs.

Divorce could mean splitting with professional partners too

Once an Ohio couple decides to end their marriage, there's often a lengthy process of transition as two households are established from one. Even when the parties know the split is the right path, anxiety can accompany the new beginning. It can be difficult seeing social friends having to choose between former partners. When it comes to business relationships that have been established during the marriage, it is advisable to think twice before continuing on.

Life insurance as an estate planning tool for Ohio baby boomers

Baby boomers in Ohio and other parts of the United States can take comfort in knowing they are part of the wealthiest generation in American history. Because of this fact, many boomers also wish to pass along certain assets to preferred beneficiaries. However, unexpected estate-related expenses may make this task difficult. One possible way boomers in The Buckeye State with significant assets can make things easier for heirs is by making life insurance part of an estate plan.

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Atkins and Atkins Attorneys at Law, LLC

490 City Park Ave.
Columbus, OH 43215-5780

Phone: 614-398-3277
Phone: 614-485-8248
Fax: 614-591-4667
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