Planning for the future is an important part of living. For young adults, planning can include evaluating investments and careers to ensure that eventually retirement is possible. For families in the midst of their lives, saving for college and buying homes may be...
Sept. 30: Kentucky ElderLaw, PLLC, presenting in virtual workshop
Finding out that a loved one has dementia or Alzheimer’s disease is both shocking and distressing. Even if there is a family history of dementia, an official diagnosis can change everything. Families often do not know what steps they should take next in these...
How to do a hygiene check with my aging parents?
As much as you’d hope your parents are receiving proper hygiene care in their nursing home, it doesn’t hurt to do a quick check-in. The immune system naturally weakens with age. Facilitating a well-thought-out conversation with loved ones about the conditions of their...
Helping your children avoid inheritance fights
Fights over inheritance may do more than take time and money away from your children. They may also do irreparable harm to the relationships that exist between them at a time when they may need each other the most. Luckily, AARP reports that there are several...
Should I have a revocable or irrevocable trust?
So you’ve heard that you should start thinking about trusts. The first major question that you and your attorney will need to answer is: what kind? A trust is a place where you can place assets for legal protection. In it, a trustee holds the assets and until they are...
How to do a hygiene check with my aging parents?
As much as you’d hope your parents are receiving proper hygiene care in their nursing home, it doesn’t hurt to do a quick check-in. The immune system naturally weakens with age. Facilitating a well-thought-out conversation with loved ones about the conditions of their...
What can a beneficiary in a will expect?
If you are left with something in a will, you are called a beneficiary. You can expect to be contacted by the solicitor dealing with the case, and he will let you know what you have received and when you should receive it. According to Beyond, he may not know how much...
Can the state of Kentucky recover for Medicaid?
When a person who received Medicaid benefits passes away, the state of Kentucky has the power to collect the cost of those benefits from the deceased’s estate. If you recently lost a loved one who was on Medicaid, the last thing you want to worry about is losing the...
How should I talk to my parents about their estate plan?
As your parents age, you need to start looking towards the future. While nobody really likes to talk about the end of their life, it is an important conversation to have with your parents. Putting a Kentucky estate plan into place is important. It is something that...
Why should I know about a revocable living trust?
There are numerous estate planning tools you can use to ensure your heirs receive your assets after you are gone. A revocable living trust is a very useful tool in this case, but only when creators use it correctly. Here are some important points to keep in mind when...