Estate Planning Blogs

Being fully prepared for the future means making difficult decisions. Kentucky residents are planning for their futures and those of their family members should consider naming a health care surrogate. What powers do health care surrogates have? The law is specific as to what powers are granted a health care surrogate. The person who gives [...]

In a sense, Hollywood has glamorized the reading of a will. They often depict family members sitting in a room or at a large table while a loved one’s will is read. They patiently wait to hear what is bequeathed to them. This either results in an end where each family member is satisfied with [...]

Do you or your parents think that estate planning looks easy? If so, then you’re in the same boat as a lot of Kentuckians. But don’t let the perception of simpleness dupe you into thinking that you can forego formal estate planning or that you can successfully create the estate plan that you need on [...]

For older Millennials, they are likely now getting to a point in their life where 60 is closer than 20, so “adulting” has become the norm, rather than something to get noticed. Indeed, more and more Millennials are buying homes, caring for their aging parents (and, sometimes, grandparents) and starting families, and all while facing [...]

Alzheimer’s diagnoses are becoming more common. In fact, there are more than six million Americans living with the disease today, and that number is expected to double by 2050. An Alzheimer's diagnosis can be devastating for people living with the disease, their spouses, family members, and loved ones. Chances are, those who have been diagnosed [...]

A power of attorney (POA) is an important document to consider during the Kentucky estate planning process. These legal documents allow another person to act on your behalf if you are no longer able. There are several different types of power of attorney that you may want to have. General power of attorney A general [...]

The world of estate planning can be confusing to those who have never encountered it before. You might be estate planning for the first time and while you are likely aware that you need a will, you might also wonder if you need a living will. You may not even be sure what the difference [...]

As we get older, it becomes more likely that we will suffer from medical condition that affects our physical health or cognitive abilities. That is why it is so important to assign decision making power to another person by creating a power of attorney (POA). The person you choose (referred to as your ‘agent’) will [...]

A will is one of the most basic and essential estate documents. But there are many laws and documents that govern how your assets may be transferred regardless of what is contained in your will. Retirement accounts Usually, the beneficiaries named on 401(k)s, individual retirement accounts and pensions are entitled to those assets despite what [...]