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Are you worried about what’s going to happen to your assets once you’re gone and they’ve been passed on to your loved ones? If so, take comfort knowing that this is a common concern amongst estate planners. These individuals often fear that the lifetime of wealth that...
In this day and age, there are many things happening around the world that can make people hesitant about planning for the future. But when it comes to taking care of your loved ones after you are no longer here, there should be no question about making a plan that...
Most people reading this blog post would know that Medicaid is a program run jointly by the federal and state governments and it is the largest source of healthcare coverage in the country. Per federal law, states must cover certain groups of people who are known as...
It may not be a topic that people in Kentucky like to think about, but it is important that people plan for what will happen after their deaths. It is one of the few guarantees in life and it is important that people have a plan in place to distribute their property...
Our elderly parents have a lot of pride in being able to take care of themselves. Unfortunately, sometimes our elderly parents reach a point where mentally they cannot make good decisions regarding their personal care and/or financial affairs. For example, they may no...
Many articles about estate planning promote using trusts as a way to help property escape the time-consuming and costly probate process. When property is owned by the trust, it does not become part of a person's estate when they die, and so it skips probate. By...
No matter how well we plan for the unexpected, there are events that happen as we age that can create a strain on vital financial resources. Seniors who suddenly find themselves or a loved one needing a costly medical procedure or a move to a nursing home may panic at...
Having a comprehensive estate plan is something that every Kentucky resident should consider regardless of their age, health, family and financial situation. It is a way to ensure that they are protecting not just their loved ones, but also themselves. Most people are...
For most residents of Kentucky, a will left by a parent or other relative is assumed to be valid and to be enforceable as written. In some cases, however, the will or a specific bequest may be invalid, and one or more of the beneficiaries may wish to challenge the...
As our parents age they may find that the world around them has changed in ways they may not understand. This makes them vulnerable to scammers in Kentucky and elsewhere who prey on those who are trusting and polite and have significant savings or own a home. Seniors...
