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Various Blogs regarding Cincinnati Family Law, Estate Planning And Bankruptcy.

At Bailey & Gunderson, our attorneys help people going through some of life's most difficult challenges. We bring our experience, skill and creativity to every case, taking on all types of Family Law including Divorce, Bankruptcy, Probate and Estate Planning issues.  Learning that most people ask the same questions - this blog is our way of providing some general legal information.  Feel free to contact our Cincinnati Law Offices to discuss your specific situation. 

What Are the Responsibilities of an Executor of an Estate?

One of the advantages of having a Last Will & Testament is that you can choose who you wish to serve as the Executor of your estate after your death.

What does an Executor do to administer a Decedent’s estate? An Executor is the person appointed by a Probate Court to carry out the instructions in the Decedent’s Last Will & Testament.

After a Last Will & Testament is filed in a Probate Court, the Executor must collect, inventory, and set a value for all of the Decedent's assets. All of the Decedent’s debts, taxes, and expenses are then paid, and any remaining assets are distributed to the beneficiaries named in the Last Will & Testament. All of this is done under the supervision of the Probate Court and usually with the help of an attorney chosen by the Executor.

Do you have any questions about having a Last Will & Testament prepared for yourself, or the procedures to administer an estate? What about steps you can take now to avoid probate? If you have questions, please call our office and we would be happy to help you!

This insight into the law is provided by Michael S. Bailey, Esq. of the law firm of Bailey & Gunderson Co., L.P.A., with offices in Norwood, Western Hills and Anderson Township. Phone: (513) 631-0022.

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Today is “Love Your Lawyer Day”.

Attorneys (or lawyers) help resolve conflicts and protect individual rights. The next time you see your attorney, thank him or her for the services they provide for you.

Bailey & Gunderson Co., L.P.A., with offices in Norwood, Anderson Township and Western Hills. Phone: (513) 631-0022.

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Did you know that certain debts not dischargeable in a Chapter 7 bankruptcy may be dischargeable in a Chapter 13 bankruptcy?

For example, the following debts may be dischargeable in a Chapter 13 bankruptcy (but not in a Chapter 7 bankruptcy):

a. Certain secured debts where the amount owed the creditor is less than the value of the secured collateral.

b. Certain debts arising from of a divorce or separation property settlement.

c. Willful and malicious property damages.

d. Government fines, penalties and forfeitures.

e. Debt incurred to pay nondischargeable taxes.

If you should have questions regarding how a Chapter 13 Bankruptcy can be used to your advantage versus a Chapter 7 Bankruptcy, please ask us how.

This insight into the law is provided by Michael S. Bailey, Esq. of the law firm of Bailey & Gunderson Co., L.P.A., with offices in Norwood, Western Hills and Anderson Township. Phone: (513) 631-0022.

 

Chapter 13 Bankruptcy

A Chapter 7 or Chapter 13 Bankruptcy may be the solution for your debt and financial problems. Please contact us for your free initial consultation with our bankruptcy attorneys.

Bailey & Gunderson Co., L.P.A., with offices in Norwood, Western Hills and Anderson Township. Phone: (513) 631-0022.

 

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Evictions of Tenants Are Being Halted Under Certain Circumstances.

The Ohio Supreme Court has announced that the U.S. Centers for Disease Control and Prevention executed an order on September 4, 2020 prohibiting landlords from evicting qualified tenants from their residence until December 31, 2020 for non-payment of rent if certain criteria are satisfied. The criteria can be found at the following website:

https://supremecourt.ohio.gov/coronavirus/resources/cdcEvictions.pdf

This order does not relieve tenants from their obligation to pay rent or comply with any other obligations the tenant has pursuant to the rental agreement. The order further does not prohibit landlords from collecting fees, penalties or interest for the failure of their tenants to pay their rent.

It should be noted that evictions can still be filed against tenants for reasons other than non-payment of rent, such as drug offenses occurring on the premises, destruction of the premises, etc.

To be covered by this order, tenants must fill out a declaration form that states that they meet the necessary criteria.

This insight into the law is provided by Michael S. Bailey, Esq. of the law firm of Bailey & Gunderson Co., L.P.A., with offices in Norwood, Western Hills and Anderson Township. Phone: (513) 631-0022.

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