Most decide to create an estate plan not only to protect their assets but to also help evade disputes and probate. Unfortunately, it is impossible to predict all the scenarios the future will bring, meaning, the probate process will be necessary. Even when an...
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Estate Planning
Smart estate planning means focusing on what is important
When people in Kentucky take the wise and necessary step of creating an estate plan, they are often unsure of how to proceed. This is true whether the person has substantial assets or is of more modest means. Before moving forward, writing the will and having it...
What causes probate and trust disputes?
Residents of Northern Kentucky may find themselves involved in a dispute over a will or trust for many reasons. Typically, when people think of probate litigation, they might think about family members fighting amongst themselves or situations where children are...
Probate litigation and resolving disputes
Losing a loved one is a difficult event in life; however, it is one that everyone is expected to cope with. While grieving the death of a loved one can be unexpected and challenging, having to deal with the probate process can make this time more overwhelming and...
Why it is important to periodically update your estate plan
Any Kentucky resident who is at least 18 years of age and of sound mind is encouraged to create a will, choose someone to have medical and financial power of attorney, and create other important estate documents. Estate planning is essential to make sure that your...
Is life insurance part of your comprehensive estate plan?
When Kentucky residents get started on the all-important task of estate planning, they probably know that they will be considering options like wills, trusts and power of attorney documents, among other options. However, some of our readers may not know that life...
Steps in the probate process
Many Kentucky residents who must deal with the probate process are not sure what to expect or have questions about what is involved. This is understandable since the process is often assumed to be costly and/or lengthy. While that is true sometimes, it usually depends...
Understanding will contests in Kentucky
Most Kentuckians assume that a written will has the power to preclude any dispute between potential heirs about the distribution of the assets owned by the maker of the will. Unhappily, this assumption is often proved incorrect by the significant number of lawsuits...
How to reduce family tension when creating an estate plan
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...
What happens to your memorabilia after you die?
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....