Estate Planning

If you and your spouse have decided to divorce, there are some changes you can and likely want to make to your estate plan. For example, you may no longer want them to have power of attorney (POA) over your medical decisions if you become seriously ill or injured....

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...

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...

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...

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 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...

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...

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...

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...

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...