Kentucky Estate Planning And Administration Law Blog
How do you address investment real estate in your estate plan?
Maybe you bought small parcels of vacant property outside of town anytime you received an end-of-year bonus from your employer. You might have many small parcels that represent a long-term investment in the land. Perhaps you have purchased multi-unit property or...
Strategies for getting customers to pay on time (or early)
One of small business owners’ least enjoyable jobs is having to pester customers to pay them. Some require multiple follow-ups before they eventually pay. However, late payments can cause serious issues with your cash flow. Getting customers to pay what they owe you...
Why shouldn’t you keep your cryptocurrency key secret?
Secrecy and security are crucial to cryptocurrency’s rising popularity. If you store money under the bed, someone can break in and steal it. If you keep it in the bank, fraudsters could access it. If you put it in cryptocurrency, no one need ever know you have it....
Do not assume the phone is the only driving distraction
The phone is likely the most common driving distraction. Texting and driving, in particular, is a problem, but smartphones allow people to do much more than that. There are also many serious accidents caused by people taking pictures, looking for a song, checking...
Estate planning is for young people, too
We often associate estate planning with the elderly because it involves planning for the end of life. However, this is not all that an estate plan can be used for. As a young adult, you probably do have the rest of your life ahead of you, but there is no harm in...
3 reasons to change the legal structure of your business
When you decide to start a business, choosing its formal structure will be one of the most important decisions you make. Based on the possible risks and the way you want to do business, you might create a partnership, an LLC or even a nonprofit corporation....
Estate planning etiquette: Discuss estate plan with loved ones
While estate planning is an important step towards protecting your legacy and loved ones, the prospect of talking about your demise can be unsettling. While this conversion may seem difficult to start, there is no doubt that it is one of the most important discussions...
Here are things you cannot include in your estate plan
Pretty much everyone understands the importance of having a well-written will, yet most people do not have one. If you die without a will (known as intestate), the probate court will intervene and a judge (whom you probably never met) will decide how your assets are...
Two options for leaving someone out of your will
It may sound very easy to leave someone out of your will. All you have to do is note that the assets are going to go to other beneficiaries and heirs. However, it is not always this simple. The issue that you create if you simply do not mention the person is that they...
Staying safe around semis and unfamiliar drivers
Kentucky is a great place to live, but the roads can often be difficult to navigate. Elizabethtown has many major routes passing in and around it, like Interstate 65 and U.S. Highway 62. The reality is that these busy roads bring in traffic from all over the state as...