Ask Stone Spotlight: Mattingly Edge

Steven Michael Carr is the Director of Development for Mattingly Edge, a local organization that seeks to enhance the experience of people with disabilities through endeavors that result in distinctive lives.  In his spare time, Steven is an active member of Highland...

Ask Stone Spotlight: Lincoln Insurance Agency

Lincoln Insurance Agency is a third-generation independent agency located in the heart of St. Matthews. Owned and operated by Mark Aschbacher, his daughter Sara, and their amazing staff, the family-run agency is celebrating its 60th year in business. Lincoln Insurance...

HIGH COSTS OF NO ESTATE PLANNING

(Update on Prince’s probate) As Prince’s heirs stew, bankers and lawyers cash in on Prince’s estate. As the second anniversary of Prince’s death approaches, his heirs have yet to collect a dollar of his estimated $200 million estate.  But bankers, lawyers and...

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...
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