The estate planning process involves a cooperative process between the client and the attorney. By addressing the client's goals, Dietz Law Office will assist its clients in developing the most appropriate and effective estate plan. The client's job is to understand and recognize their assets, how they are titled and what if any beneficiary designations exist.
Attorney Dietz works with his clients to aid them in the identification of their goals with respect to the disposition of assets upon their passing. With these goals, Attorney Dietz then works with his clients, together, in the creative process of identifying an appropriate estate plan for them, at that time in their lives.
Attorney Dietz works with his clients to aid them in the identification of their goals with respect to the disposition of assets upon their passing. With these goals, Attorney Dietz then works with his clients, together, in the creative process of identifying an appropriate estate plan for them, at that time in their lives.
Services
Attorney Jim Dietz grew up on a family-owned dairy farm. He graduated from Capital University with majors in political science and honors economics. He went on to secure his Juris Doctorate from The Ohio State University in 1985. Starting with law school, Jim Dietz has had an interest in estate planning and estate administration.
It is important to have a will prepared because you want to be in control of the disposition of your assets and not relinquish the control to others. In addition, individuals with minor children use their wills to designate future guardians for their children. It's unimaginable to leave that decision to a court without any input from you.
Trusts are especially important for individuals who (1) have potential estate tax consequences; (2) individuals who have real estate in more than one state; and (3) individuals who want or feel a need to control their assets beyond their death. For instance, if one leaves minor children behind, perhaps it would be preferable to provide the minor children receive their inheritance greater than age 18.
In general, the estate administration or probate process is a legal process of collecting, maintaining and distributing an individual's assets upon their death to valid creditors, heirs and beneficiaries in accordance with an individual's designated wishes as set forth in their will or Ohio law. Not all assets are probated.
A guardianship is a court ordered relationship whereby a court appointed guardian acts on behalf of the Ward. There are two elements to a guardianship, guardians of the person and guardians of the estate. Guardians of the person assist in ensuring that the Ward's day-to-day care and personal needs are being met.
Reviews (1)
Scott Lewis
Sep 29, 2020
Report
