In times when people may be suffering under the weight of business or personal debts, Ohio residents may fear a judge can award any of their personal sources of wealth to a creditor, even the assets placed in a living trust. However,...
Probate, Trust & Estate Administration
Ways to avoid probate proceedings
You may have heard the phrase "avoid probate" in the context of estate planning, but have no idea what it means or how it is connected to your estate planning process. Many Ohioans want to avoid probate because of the hardships it can cause for their descendants...
Is this inheritance letter real?
There are many scams floating about in Ohio. One scam that you may very well fall prey to is the inheritance letter scam. This is when you are sent a letter claiming you have inherited a large sum of money. It is easy to believe because you may not have been aware of...
Things you may not know about probate
While most people in Ohio have a general understanding about what probate entails, there are several facts that you may not realize. We at Kroener Hale Law Firm have offered this information to help you in your estate plan; we can also answer any questions or concerns...
How should I choose a beneficiary?
Choosing a beneficiary for your estate in Ohio is a mixture of legalities and personal considerations. According to MarketWatch, you need to make sure the person you choose will be able to carry out your wishes and handle the responsibility that comes with being a...
How you can contest a will
Having a loved one pass away can be a difficult experience, but encountering problems with the will can make the event even more stressful for you and your family members. If you have realized that there are discrepancies or other issues with the will, you may be...
Understanding revocable and irrevocable trusts
Ohio residents who think that estate planning is just for older people or those persons who are very wealthy couldn't be more wrong. Anyone can benefit from an estate plan and today that may mean more than just a will. Many people are finding that trusts offer a level...
What advice should I give my executor?
While planning for the end of your life may not be pleasant, there is a lot that can go wrong if you are not organized and prepared. One of the best ways to make sure your family, property and legacy in Ohio are taken care of is to name an executor. This person will...
What do I need to know about estate taxes?
When it comes to estate taxes, very few people in Ohio have a comprehensive understanding of just how this process works. While they may not apply to everyone, being aware of the basics of estate taxes is imperative to ensure you retain as much of your assets as...