You place a lot of trust in the hands of an executor after someone dies. As a fiduciary, they have an obligation to fulfill a duty. In this case, to execute the deceased person’s will with accuracy and honesty. However, not all fiduciaries act with integrity....
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Month: October 2021
What does it mean to be of sound mind?
A will is an excellent testamentary tool that can be included in a Kentucky resident’s comprehensive estate plan. There are many requirements that a will must satisfy in order to be considered valid though. One of those requirements is that the will’s creator must be...
Greater attention being paid to avoiding pedestrian accidents
In Kentucky and across the United States, October is dedicated to pedestrian safety with National Pedestrian Safety Month. This is not a random step to remind people on the road to be vigilant about pedestrians. It is to address a rising problem and prevent injuries...
Options for closing, selling or transferring your business
After cultivating a successful business in Newport for many years, the time may come when you want to retire. At this point you may be considering closing, selling or transferring your business. If so, you will want to know some basic points on what to do when it...
What is the difference between a general and limited partnership?
Choosing the best business form for your purposes is an important decision. Each form carries advantages and disadvantages that must be considered. The number of participants, the nature of the business and its long-term goals will all impact which form provides the...