I'm in Ohio
My Wife is in a nursing home with Dementia. I am her Guardian, I have guardianship over the person only. I need to file with the court any assets in her estate and the various goals for care etc. I have someone to help with this but wanted a better understanding of some things before I asked for help with it.
I didn't file for guardianship over the estate because there isn't one and I didn't want to do all of the filings. I am on social security. Marital personal property for my wife is mostly her clothes and personal items that were sentimental. There is no real estate involved.
My Main question is that I have a business I started before we were married. We worked together in the business. As her dementia progressed the business started having problems. My social security pays my bills and the business currently it makes a little money/ sustains itself. The business has about 4-5k in assets all small low value items. and has over 15k in debt currently. Since the business is insolvent how will it be viewed in this situation?
My Wife is in a nursing home with Dementia. I am her Guardian, I have guardianship over the person only. I need to file with the court any assets in her estate and the various goals for care etc. I have someone to help with this but wanted a better understanding of some things before I asked for help with it.
I didn't file for guardianship over the estate because there isn't one and I didn't want to do all of the filings. I am on social security. Marital personal property for my wife is mostly her clothes and personal items that were sentimental. There is no real estate involved.
My Main question is that I have a business I started before we were married. We worked together in the business. As her dementia progressed the business started having problems. My social security pays my bills and the business currently it makes a little money/ sustains itself. The business has about 4-5k in assets all small low value items. and has over 15k in debt currently. Since the business is insolvent how will it be viewed in this situation?