Estate Planning

If you want to create an estate plan that’s appropriate for you, your estate and your loved ones, you need to know how to use this customizable process to your advantage. However, if you’re like most people, you’re probably worried about how your loved ones are going...

Those stamps, sports memorabilia, coins, autographs and other collections may be part of a great hobby when you are alive but can cause inconvenience for your heirs after you die. Estate planning should address what happens to your collections and memorabilia....

For the most part, Kentucky law allows you to provide for anyone you want to in your estate plan. You can also omit almost anyone you want to. However, there are some limitations. One such limitation comes in the form of the state’s so-called omitted child statute....

To a lot of people, estate planning is so simple that they can be it put off until late in life. They think that nothing more than a simple will is needed, and that their assets will easily pass down to their loved ones as they see fit. Although some individuals can...

Your estate and the assets within it represent only part of your legacy. But these are legacies you want to preserve for your heirs and beneficiaries. And with a will in place, you need to be aware, alert and understand the importance of updating this critical legal...

Having an established estate plan is extremely important for Kentucky residents. However, sometimes a family member or loved one passes away without a will, and their estate must go through the probate process. This involves appointing an administrator to handle the...

Estate planning can come with many complicated choices. One of them might be whether you should set up a trust. If you do set up a trust, one of the key questions to resolve will be the difference between a revocable and irrevocable trust. Trust basics Both revocable...

Estate planning is a fluid concept. Every person has different needs and those needs change as time passes. A power of attorney is but one aspect of the estate planning tools available to you and, even within this one option, there are many variations. It’s important...

In Kentucky, it is important for people to prepare for the future and have an estate plan. Depending on their individual circumstances, the type of plan they have and its details will vary. Those who have a business, a primary home, a vacation home, collectibles,...

When an estate planner begins the estate planning process, one of the first decisions they will need to make is to select an executor for their estate. Because it is a big decision, and the executor will play an important role in the administration of the estate...