On Behalf of Kroener Hale Law Firm | Mar 3, 2021 | Trust & Probate Administration
After you die, you may think creditors will have little recourse to collect the money you owe them. That is not entirely true. While the size of your estate will dictate whether your creditors receive payment, the Ohio Bar Association explains that the court has the...
On Behalf of Kroener Hale Law Firm | Jan 11, 2021 | Trust & Probate Administration
Dying “intestate” means dying without a valid will in Ohio. This could mean that you did not create a will at all, that you created one but did not file your will appropriately or that some other factors rendered your will invalid. Wills are one of the primary means...
On Behalf of Kroener Hale Law Firm | Nov 26, 2020 | Trust & Probate Administration
If people set up a trust as part of their estate plan, they need to select someone to administer this trust. There are a few things people should consider as they choose someone to be their trustee. Before people select a trustee, they may want to consider all the...
On Behalf of Kroener Hale Law Firm | Oct 28, 2020 | Trust & Probate Administration
Probate can be a helpful process that occurs after your death and ensures the proper handling of your estate. In some situations, though, you do not need the probate process. Your heirs can handle your estate without legal intervention. However, your heirs will have...
On Behalf of Kroener, Hale & Penick Law Firm | Mar 5, 2020 | Trust & Probate Administration
Naming a trustee plays an essential role in estate plans that involve the use of trusts. These people oversee a deceased person’s assets and ensure that disbursements and all other allowances go precisely as dictated. It is common for people to choose a loved one that...
On Behalf of Kroener, Hale & Penick Law Firm | Jan 7, 2020 | Trust & Probate Administration
If someone names you as a trustee for a trust in Ohio, then you will have specific duties you must carry out upon that person’s death. The position of a trustee is one with serious fiduciary duty and moral responsibility. You need to make sure that you take this...
On Behalf of Kroener, Hale & Penick Law Firm | Jan 7, 2020 | Trust & Probate Administration
A power is an authority that is conferred by one person, the donor, law on another person, the donor, to deal with property belonging to the donee. There are different sorts of power that can be given in the context of the trust’s module in Ohio. According to...
On Behalf of Kroener, Hale & Penick Law Firm | Jan 23, 2019 | Trust & Probate Administration
Some heirs in Ohio aren’t thrilled about the probate process that typically occurs when a loved one passes away. This is partly because of a lingering misconception that probate can be a long, drawn-out ordeal. However, the experience with probate court...
On Behalf of Kroener, Hale & Penick Law Firm | Jul 26, 2018 | Trust & Probate Administration
Ohio residents who are named the executor of an estate may have many resources at their disposal to help them do the job properly. For instance, there is literature that explains different estate plan documents and what they do. An attorney may also be consulted by an...
