Probate Administration FAQs in Kentucky

Do I have to go to Court to be appointed Executor or Administrator of the estate? Yes.  However, you can execute a Special Power of Attorney allowing the attorney for the estate to appear on your behalf. Can I pay bills right away? No.  You can’t not pay bills until...

Estate Planning for Millennials

78% of Millennials (under the age of 36) do not have a Last Will and Testament or Trust in place (Caring.com).  While Millennials may take longer than their parents to reach certain milestones in their life such as marriage, children or the purchase of their first...

Tricky Items in Estate Planning

1. Vacation Homes.  If you leave your vacation home to your children in your Estate Plan, there is going to be a potential for problems.  Conflicts can arise when one sibling lives farther away, earns less or wants to sell their share.  One of the worst things to do...

Avoid these 7 Estate Planning Errors

A person’s wishes and goals can change over time, as can important changes in the law. Therefore, periodic reviews (at least every 1 to 3 years or certain life events such as marriage, divorce or birth of children) of your Estate Plan are necessary to ensure it is up...

12 Days of Christmas

One of the classic holiday songs “12 Days of Christmas” states “my true love gave to me …” We all know the following verses “a partridge in a pear tree … two turtle doves … three French hens …” and so on. One gift you can give your loved ones is “peace of mind” by...

Estate Planning – How to Title Your Assets

How you title your assets is a very important component of your Estate Plan. Below are examples of how you can title your assets to coincide with your Estate Plan. Individual Name If you own property in your sole name, upon your death, this asset will become part of...
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