On Behalf of Kroener Hale Law Firm | Feb 22, 2023 | Probate, Trust & Estate Administration
In the midst of planning a funeral and handling other paperwork, the probate process may be the last thing on a family’s mind. Most would hope to complete the process as quickly as possible. Understanding what probate involves and typical timeframes can prepare...
On Behalf of Kroener Hale Law Firm | Dec 23, 2022 | Probate, Trust & Estate Administration
Whether you have a loved one in need of long-term care or you are looking into options for yourself in the future, it is important to identify the long-term care option that works best for you and your family. Once you know the nuances of each option, you can make a...
On Behalf of Kroener Hale Law Firm | Aug 22, 2022 | Probate, Trust & Estate Administration
Facing the prospect of your death is not something you enjoy doing. However, failing to plan may further tax your family at a time when emotions already run high. A trust account may prove a valuable fiduciary instrument you may add to your estate plan. The role of a...
On Behalf of Kroener Hale Law Firm | Jul 25, 2022 | Probate, Trust & Estate Administration
Accepting the responsibility to close an estate is a big commitment. In many cases, it could take up to a year or more to finalize everything according to the testator’s instructions. Preparing to fulfill your duties can help you step into your role with...
On Behalf of Kroener Hale Law Firm | Apr 18, 2022 | Probate, Trust & Estate Administration
Advantages of creating a trust include protecting your property from creditors. If you create a revocable or “living” trust, however, creditors may seek payment for unpaid debts, as explained by Experian.com. Creditors, for example, may sue you while you are alive or...
On Behalf of Kroener Hale Law Firm | Mar 10, 2022 | Probate, Trust & Estate Administration
After a loved one chose you to administer a trust, you researched the role and all its responsibilities. Just as you may have your questions, so do other estate executors. The American Bar Association shares common trust administration questions. When you have the...
On Behalf of Kroener Hale Law Firm | Jan 31, 2022 | Probate, Trust & Estate Administration
Choosing an executor for your estate is a huge decision. You will probably take a lot of time and put a large amount of thought into making your choice. The idea that the court could remove and replace your executor may seem upsetting, but you can relax. The Ohio...
On Behalf of Kroener Hale Law Firm | Dec 12, 2021 | Probate, Trust & Estate Administration
By establishing a trust, your heirs could avoid probate court when they receive the property you intended for them. To prevent legal issues, however, those assets need to transfer to your trust before you die. As noted by Ohio State University, properties that do not...
On Behalf of Kroener Hale Law Firm | Nov 4, 2021 | Probate, Trust & Estate Administration
Probate is the process that occurs after someone dies. The decision to go through probate depends on the value of the decedent’s estate. One of the first steps in the probate process is to appoint a personal representative if the will had not named one. This...
On Behalf of Kroener Hale Law Firm | Oct 8, 2021 | Probate, Trust & Estate 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...
