When you include assets in your will, they pass through probate after you die. This is a common and normal process for many estate assets. But there are some drawbacks about probate that you may want to avoid.
According to statistics, more Americans have died on the roads in the last 19 years than in both World Wars combined. Since 2000, 624,000 Americans have died in motor vehicle accidents. Official records show that around 535,000 Americans died in the two great global conflicts of the last century. Additionally, since 2000, over 30 million people have suffered injuries in motor vehicle accidents.
One of the most important benefits offered under Ohio's workers' compensation program is called wage loss compensation. Basically, once an injured worker in the greater Cincinnati area can establish eligibility for the benefit, the Ohio Board of Workers' Compensation will calculate the worker's average weekly wage at the time of her injury. Assuming the worker has found some sort of substitute employment, the Board will also take in to account her current earnings.