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 mandatory eligibility groups. In addition, states may cover [...]
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 and assets to [...]
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 longer be able to handle their banking or could even be taken [...]
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 contrast, a will instructs the court and executor how [...]
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