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One of the few constants in life is that it is constantly changing. And, ensuring your estate plan reflects your current life circumstances is crucial for navigating the unexpected twists and turns of life’s journey. Here is why regularly updating your estate plan,...
If you’re creating a partnership, you might dread the possibility of a partnership dispute. After all, when you and your partners have a falling out, the viability of your business can be tested, putting your financial well-being on the line. In some instances,...
Estate planning is an important step for Kentucky residents regardless of their financial position, family situation and goals for the future. In many cases, people do not write a will or use another estate planning option because they do not think they have enough...
Previously on the blog we gave a brief overview of Kentucky’s comparative negligence law. This statute requires a plaintiff’s award to be reduced by the percentage of fault that is assigned to them based on the facts presented at trial. Although a comparative...
We always hear about the dangers of drunk and distracted driving, but aggressive driving is also a serious problem in Kentucky. Aggressive driving is responsible for many serious and fatal car accidents. According to the National Highway Traffic Safety Administration,...
Most Kentucky residents who craft a will do so to ensure their property goes where they want it to go after they are gone. This individual, known as the testator, needs to understand how the law works with a will’s validity in every circumstance. One issue that people...
Kentucky business owners know that good contracts are vital to the success of their business. No one forms business contracts expecting one side to fail to perform their duties under the contract. However, you should plan for this when you are drafting your business...
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...
There has been an ongoing campaign to stop distracted driving, especially when that distracted driving involves the use of phones. For example, Kentucky has laws that prohibit most types of texting and driving, especially for this state’s youngest drivers. However,...
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...