Estate Planning

While estate planning encompasses various elements, the will is one of the most fundamental components. This is the legal document that outlines how your property and other assets will be distributed among your heirs and beneficiaries after your passing. It serves as...

Too often, people develop their estate plan without communicating with their loved ones about what they would or wouldn’t like to inherit. They may not take into consideration whether a particular individual actually wants an asset, let alone how it might impact them...

Estate planning involves using multiple tools to solidify our wishes and preferences regarding future asset distribution. Common estate planning tools include wills and trusts. But did you know a prenuptial agreement can also be a useful tool in your estate plan?...

It isn't particularly pleasant to think about what could happen in the event of one's death or some kind of medical emergency. However, that is exactly what estate planning requires. Individuals need to contemplate what might happen to their property and loved ones in...

Like most Americans, a good number of Kentuckians do not have a will that provides direction on the future of their estate when they die. The legal term for when someone dies without a will is “dying intestate.” If your loved one dies intestate, you may wonder what...

When planning the future of your estate, you cannot afford any loose ends. Otherwise, you may not achieve your estate planning objectives, and your loved ones may be left dealing with the consequences. Some of the common mistakes many make are avoidable and fixable...

When someone dies, it can create a lot of hardship. Of course, there is immense grief for the surviving loved ones to process in the wake of the loss. The planning of the funeral, traditional memorial rites or celebrations of life can feel like an impossible load to...

Managing someone's estate is a lot of work. You have to locate their will, secure property, resolve financial matters and distribute property according to state law or their will. You will likely have to sacrifice time at work to attend court or manage estate affairs....

The idea of creating a will may have seemed a bit premature while you were still finishing your degree at Kentucky State University. But, now that you've settled into your career and expecting your first child, the thought is more on target. You may still think that...