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Avoid the Pitfalls of Free Legal Documents: A Guide from Kentucky ElderLaw

Avoid the Pitfalls of Free Online Legal Documents: A Guide from Kentucky ElderLaw, PLLC Navigating the complexities of estate planning, including Power of Attorney, Health Care Surrogate, Living Wills, and Wills, can often seem daunting. At Kentucky ElderLaw, we understand the importance of these legal tools in safeguarding your future and ensuring your wishes are [...]

By |2024-04-25T10:52:39-04:00April 25th, 2024|Uncategorized|0 Comments

What is the point of Medicaid planning?

Many Kentuckians will find themselves in a financial crunch as they approach retirement and old age. On the one hand, they will have worked hard to save up money that they hope to pass on to their loved ones. On the other hand, they will not have enough to afford the cost of assisted living, [...]

By |2022-06-22T14:32:08-04:00June 22nd, 2022|Uncategorized|Comments Off on What is the point of Medicaid planning?

The risks and benefits of starting a will contest

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 validity of the will or [...]

By |2021-07-19T01:32:43-04:00July 19th, 2021|Uncategorized|Comments Off on The risks and benefits of starting a will contest

Drafting a valid will in Kentucky

Not knowing what the future will hold, many individuals and families in Kentucky and elsewhere seek to get their affairs in order. One way to do this is to have a will in one’s estate plan. While one likely understands the importance of this document when it comes to designating how assets and property will [...]

By |2021-01-20T00:12:25-05:00January 20th, 2021|Uncategorized|Comments Off on Drafting a valid will in Kentucky

What is probate and how can I avoid it?

Probate is essentially the legal process of estate administration that takes place when someone passes away. Probate administration settles the debts and taxes of the decedent’s estate, and where directed, distributes inheritances and gifts. Whether there is a will or not, probate will take place except in some cases where the estate is very small, [...]

By |2020-12-17T01:24:58-05:00December 17th, 2020|Uncategorized|Comments Off on What is probate and how can I avoid it?

The consequences of dying without a valid will

For most Kentuckians, the law of estates and trusts is like a foreign country. Without a map or guide, they can easily become lost among a forest of unfamiliar legal terms and procedures that may appear to be the rites of a private society. Perhaps the best way to avoid these disconcerting circumstances is to [...]

By |2020-12-04T01:04:08-05:00December 4th, 2020|Uncategorized|Comments Off on The consequences of dying without a valid will

Starting your estate planning journey

It seems like everyone is talking about will, trusts and estate planning right now. This is true even here in Bowling Green and Louisville, Kentucky. After all, in these (seemingly, apocalyptic) times, it is hard to avoid reminders that one day, the sun will rise, but we will not be there to enjoy it. It [...]

By |2020-11-03T05:16:23-05:00November 3rd, 2020|Uncategorized|Comments Off on Starting your estate planning journey

How do I ensure my will is valid?

Having a valid will is an important part of the estate planner distributing their real assets and property to their beneficiaries. Estate planning involves many components and, typically, a will as part of that. Estate planners should understand what is required for a will to be valid so they can accomplish their wishes with their [...]

By |2020-09-17T08:00:31-04:00September 17th, 2020|Uncategorized|Comments Off on How do I ensure my will is valid?

Can you protect your special needs child with a trust?

Most Kentucky parents want to ensure that their children have proper care if something were to happen to them. When your child has disabilities and special care needs, long-term care may be more difficult. It is necessary for the parent to plan how to guarantee the child has proper care. In addition to the special [...]

By |2019-07-27T11:36:20-04:00July 27th, 2019|Uncategorized|Comments Off on Can you protect your special needs child with a trust?

How can I leave money to an irresponsible heir?

To set up a trust for your assets in Kentucky comes with a variety of benefits. When it comes to your beneficiaries, not all beneficiaries are responsible or talented in money management. These instances do not mean that you cannot leave money to your heirs but instead mean that you may prefer a trust to [...]

By |2019-07-15T16:19:40-04:00July 15th, 2019|Uncategorized|Comments Off on How can I leave money to an irresponsible heir?
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