Articles Search results for: john j urban
Your adult kid could be your alternate
When you have kids under the age of 18, your main focus in estate planning might be who will take care of them in the event you pass. But once they hit that magical age of legal adulthood, that kind of thinking should change says Jay Nabors, who, along with wife, Linda, is an attorney with Nabors and Nabors Ltd., the Strongsville-based law firm...
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What if your kids hate your spouse?
If you’re the head of a mixed-family household, additional estate planning is the key to keeping the peace should you pass, says Linda Nabors, who, along with her husband, Jay, is an attorney with Nabors and Nabors, the Strongsville-based law firm where John J. Urban is of counsel. “In cases where there is a second wife or step-children,...
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Who’s paying the estate bills?
As the executor of an estate, you’re legally bound to follow the letter of the law. That means you have to determine which bills to pay, and which bills not to pay. If you don’t know the guidelines, you could be held personally liable for certain expenses, says Jay Nabors, who, along with his wife, Linda, is an attorney with Nabors and...
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When the estate has no money
When a person dies with an insolvent, or cash-poor estate, it can really put survivors in a bind, says Linda Nabors, who, along with her husband, Jay, is an attorney with Nabors and Nabors, the Strongsville-based law firm where John J. Urban is of counsel. “When someone passes away without any assets, or just the asset of, say, a house,...
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Don't leave your successor in the dark
Most people recognize that when they have a will drafted and name an executor, they need to let the person they named know about the appointment. But a surprising number of people who have trusts created on their behalf, with a trustee named to succeed them, neglect to let the person they’ve named know about the appointment. When that...
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