The need for long-term care planning is extensive. In fact, studies show that as many as 70% of elderly individuals will need long-term care at some point in their lives. The truth of the matter is that many of these individuals are woefully unprepared for this long-term care, which means that when the time comes, [...]
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 [...]
You might be a young adult in the prime of your life. Or perhaps you are in middle age and have a few kids. You might even be getting up there in years, with children and grandchildren. And you are wondering “why would I need to establish a will and trust instruments?” Many people believe [...]
It is something only pet owners truly understand: We love our pets and, to us, they are part of our family. When preparing an estate plan, you probably want to leave a gift and legacy for your beloved friend. At minimum, you want to make sure your pet is provided for and lives a happy, [...]
For anyone getting older, retirement is an exciting time, but it can also be fraught with anxiety and nervousness. There are many complicated details around determining retirement, healthcare, estate planning and other important factors. The good news is that an experienced attorney can help you through the numerous complications and create a plan to serve [...]
Many people are familiar with the term "community property" from its role in divorce under the laws of certain states. Under a law that went into effect last year, it can also be important for estate planning here in Kentucky. The Kentucky Community Property Trust Act allows married couples to choose to make community property [...]
As we grow older, we have new issues and concerns to deal with that we never had to before. Health issues, Medicaid issues and related concerns are all relatively new to us and we need to adapt. One issue most people are not prepared for when they grow older is the prevalence of scamming. According [...]
Your estate plan is in the rearview mirror. Completed years ago, you are proud of the fact that you created a simple will that provides directives as to whom inherits your assets and personal belongings. You think that you can rest easy now. But wait. Your life and financial circumstances have significantly changed since you [...]
Louisville Location:
920 Dupont Road, Suite 200
Louisville, KY 40207-4695
Phone: 502-581-1111
Fax: 502-895-8988
Hours – 8:30-5:00 M-F
Bowling Green Location:
941 Lehman Avenue, Suite 101
Bowling Green, KY 42101
Phone: 270-467-0002
Fax: 502-895-8988
Hours – By appointment only
Shepherdsville Location:
162 S. Buckman Street
Shepherdsville, KY 40165
Phone: 502-955-1005
Hours – 9:00-4:00 M-Th
© Copyright 2023 Kentucky ElderLaw, PLLC | All Rights Reserved | Privacy Policy | Disclaimer
