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      • Joshua M.P. Cooper
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Estate Planning

What happens if you do not have a valid will?

On Behalf of Cooper & Cooper Law Offices, PLLC | Aug 5, 2024 | Estate Planning

A will is a legal document that is key to your estate plan. This document outlines your last wishes, including instructions for asset distribution. With a will, you can name beneficiaries who can benefit from your passing and an executor of the estate who is...

3 tools you can utilize in your estate plan 

On Behalf of Cooper & Cooper Law Offices, PLLC | Jul 15, 2024 | Estate Planning

Ensuring that your assets go to the right people upon your death involves estate planning. Not only that, but you can use estate planning to take care of your healthcare needs, financial needs as well as the upbringing of your children should you become...

3 times people may want to add trusts to an estate plan

On Behalf of Cooper & Cooper Law Offices, PLLC | Jul 10, 2024 | Estate Planning

Many basic estate planning goals only require a will. An individual's will can name a guardian to care for their children. It can also provide clear instructions about the distribution of their property after they die. For many people, a will is all they really...

Tips for choosing an estate executor

On Behalf of Cooper & Cooper Law Offices, PLLC | May 2, 2024 | Estate Planning

People who are creating an estate have to think about several things. While they may be focused on who gets what assets and how to make that happen, they also need to think about how their estate will be handled when they pass away.  You must name an estate executor...

The great wealth transfer is underway

On Behalf of Cooper & Cooper Law Offices, PLLC | Apr 12, 2024 | Estate Planning

The baby boomer generation has accumulated the largest total amount of wealth in American history. They control roughly $84 trillion. This is causing all sorts of problems for younger generations, but those issues won’t last forever. Naturally, as this generation...

3 common mistakes people make regarding their wills

On Behalf of Cooper & Cooper Law Offices, PLLC | Apr 10, 2024 | Estate Planning

If there is one mistake that too many people make when it comes to estate planning, it is probably procrastination. A shockingly high number of adults do not have any estate plan on record and leave both themselves and their loved ones vulnerable in the event of an...

Why estate planning early is crucial for Kentucky farmers

On Behalf of Cooper & Cooper Law Offices, PLLC | Mar 13, 2024 | Estate Planning

Kentucky farmers make their living off of the land. Some people become farmers, but many people grow up as farmers. Their parents or grandparents work the land, and they acquire that property from their family members to continue that tradition. Oftentimes, generation...

Choosing the right agent for powers of attorney

On Behalf of Cooper & Cooper Law Offices, PLLC | Jan 31, 2024 | Estate Planning

Power of attorney documents are among the most valuable inclusions in modern estate plans. Someone's power of attorney paperwork can protect them from receiving inappropriate medical care given their personal wishes. Their documents can also protect them against...

Who pays debts during probate?

On Behalf of Cooper & Cooper Law Offices, PLLC | Jan 12, 2024 | Estate Planning

Probate is the process of settling a person’s estate, generally using their estate plan to do things like taking an inventory of the assets, sending out copies of the will, and then distributing those assets in accordance with the estate planning documents. When...

Why business succession should be part of your estate plan

On Behalf of Cooper & Cooper Law Offices, PLLC | Dec 29, 2023 | Estate Planning

Creating your business took time, energy and strategy. You watched it grow and flourish and become the successful company you envisioned. To ensure your legacy continues, it's imperative that you create a succession plan as part of your overall estate planning. What...

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