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Be Careful When Estate Planning in a Blended Family

Living in a blended family has a number of challenges. You may struggle to build and maintain relationships with your spouse’s children and finding a balance of time sharing with each side of the family can be difficult. But another aspect of a blended family that you can’t overlook is estate planning. The dangers of [...]

By |2026-02-04T13:58:02-05:00January 6th, 2022|Estate Planning|0 Comments

What are Incentive Trusts?

Are you worried about what’s going to happen to your assets once you’re gone and they’ve been passed on to your loved ones? If so, take comfort knowing that this is a common concern amongst estate planners. These individuals often fear that the lifetime of wealth that they’ve worked hard to build will be squandered [...]

By |2026-02-04T13:58:31-05:00October 25th, 2021|Estate Planning|0 Comments

How Important is a Will in Estate Planning?

In this day and age, there are many things happening around the world that can make people hesitant about planning for the future. But when it comes to taking care of your loved ones after you are no longer here, there should be no question about making a plan that they will be able to [...]

By |2026-02-04T13:58:35-05:00October 13th, 2021|Estate Planning|0 Comments

What to Consider When Choosing an Executor for a Will

 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 [...]

By |2026-02-04T13:58:46-05:00September 21st, 2021|Estate Planning|0 Comments

Wills and Trusts Can Work Together

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 [...]

By |2026-02-04T13:58:59-05:00September 1st, 2021|Estate Planning|0 Comments

What Does a Living Will Address?

Having a comprehensive estate plan is something that every Kentucky resident should consider, regardless of their age, health, family, or financial situation. It is a way to ensure that they are protecting not just their loved ones, but also themselves. Most people are aware of what wills can do as part of an estate plan. [...]

By |2026-02-04T13:59:09-05:00August 5th, 2021|Estate Planning|0 Comments

The Risks and Benefits of Contesting a Will

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 |2026-02-04T13:59:13-05:00July 19th, 2021|Estate Planning|0 Comments

How to Plan for Incapacity When Estate Planning

The estate planning process provides resources to allow estate planners to make a plan for incapacity. Preparing for incapacity is one of the many purposes of the estate planning process and one of the many reasons it is important to understand what the process is and how to engage in it. There are two types [...]

By |2026-02-04T13:59:23-05:00July 2nd, 2021|Estate Planning|0 Comments

Differences Between a Will and a Living Trust: Here’s What to Consider

When most people think about estate planning, a will is the first thing that comes to mind, and with good reason. Wills are straightforward, affordable to set up, and revocable. There are many legitimate reasons to organize one’s estate with a will, but it isn’t the right solution for everyone. Alternative estate planning tools abound, [...]

By |2026-02-04T13:59:42-05:00May 25th, 2021|Estate Planning|0 Comments

What Your Estate Plan Should Include

Developing an estate plan should not wait until you are in a nursing home or hospital. Putting off estate planning can delay the transfer of assets to heirs, cause stress for your family, increase cost and may lead courts to take away decision making from you and your family. Your estate plan should address these [...]

By |2026-02-04T13:59:47-05:00May 12th, 2021|Estate Planning|0 Comments
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