On Behalf of Kroener Hale Law Firm | Oct 8, 2021 | Trust & Probate Administration
Setting up a trust may benefit your family by bypassing probate, plus you may exert greater control over how your relatives spend an inheritance. However, you still have to place a great deal of power in a trustee. If your trustee is trustworthy and competent, you...
On Behalf of Kroener Hale Law Firm | Sep 24, 2021 | Trust & Probate Administration
A trust allows Ohio residents to control how beneficiaries receive their portion of a deceased’s estate. It can also help sidestep probate costs and eliminate the need to work with the court for the transfer of wealth. Although you may name anyone over the age of 18...
On Behalf of Kroener Hale Law Firm | Sep 1, 2021 | Probate And Estate Administration, Trust & Probate Administration
Probate is a necessary and often useful legal process that ensures the heirs named in your will receive their inheritances and that the ownership of any property passes to others in a way that prevents legal entanglements. You may believe that a living trust can help...
On Behalf of Kroener Hale Law Firm | Aug 13, 2021 | Blog, Trust & Probate Administration
When you include a living trust in your estate plan, you may transfer property to or from that trust during your lifetime. As noted by SmartAsset.com, a living trust may hold real estate assets while your named beneficiaries receive income from them. A living trust,...
On Behalf of Kroener Hale Law Firm | Jul 7, 2021 | Trust & Probate Administration
As part of an estate plan, a trust gives you more freedom and flexibility in bequeathing your property to others. When you create a trust, you also have to choose the person who will be in charge of administering it. That person is the trustee. The job of the trustee...
On Behalf of Kroener Hale Law Firm | Jun 1, 2021 | Blog, Trust & Probate Administration
During the probate process, the executor will handle many of the important duties concerning the estate. If you feel the person handling your parent’s estate is not doing the job properly or has committed some negative action against the state, then you may be able to...
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...
