Creative Solutions For Your Kentucky Families Seeking Legal Security
It’s important not to neglect your estate plan. Simply drafting a will and other estate planning documents is a great first step, and the earlier you do it, the better. Many people put it off, waiting until retirement or until they gather more financial assets....
Unpaid invoices can quickly spiral into a huge financial crisis. You could send payment reminders over and over, make collection calls or even withhold goods and services. However, these techniques are not always effective. At this point, filing a debt collection...
The personal representative or executor of a Kentucky estate has many responsibilities to fulfill. They must secure and properly manage estate resources until they liquidate or distribute them. They need to communicate with those who have an interest in the estate,...
If you are a parent about to make your estate plan, you might be wondering whether you should split things evenly between your children. One recent report found that this is what two-thirds of parents do. While this is what the majority of parents do, you are under no...
When your parents pass away, you know that you may inherit their assets. The estate plan will help to determine how these should be divided. For instance, if your parents pass away with $10,000 in a bank account, they may instruct that you split it between yourself...
Estate planning can be beneficial for almost any adult. However, people in certain circumstances may need specific documents more than others. Powers of attorney are some of the most important and commonly-overlooked estate planning instruments. All too often, people...
The probate process, which involves the legal handling of a deceased person’s estate, can often take longer than expected, sometimes dragging on for months or even years. While the timeline can fluctuate depending on the size and intricacy of the estate, there are...
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....
Those who start businesses often spend quite a bit of time planning. They create a business plan outlining how they intend to operate the company. They look for funding. They file official paperwork starting the business. The type of business entity that an...
Probate is the legal process that empowers the courts to oversee estate administration in the wake of an individual’s death. While probate does help to ensure that the deceased's wishes are honored and their debts are settled, it can be a frustrating and...