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, [...]

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 [...]

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 [...]

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, [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Kentucky families who want to be prepared for anything are likely to create an estate plan to determine where their assets and wealth will go after they die. One of the most important choices that is made as the will is set up is who will be the executor of the estate. This is not [...]