Estate Planning

Medicare is a federal program primarily for those over 65 who have contributed to the Medicare tax through their employment for at least 10 years. Medicaid is a joint federal-state program designed to assist with medical costs for individuals with limited income and...

Kentucky residents of all ages may think about estate planning from time to time and think, “I’ll get around to it eventually.” Unfortunately, the reality is that some people simply never get around to it, and it is their family members who bear the burden of that...

You might breathe a sigh of relief once you create your initial estate plan. It’s a big accomplishment that deserves recognition, but you also need to realize that estate planning is an ongoing endeavor. As life changes, so should your estate plan. If you don’t modify...

Kentucky residents who are thinking about crafting an estate plan are taking a big step toward sorting out and securing their financial situations. Oftentimes, that can make estate planning seem like a daunting task. When you are preparing to take this step, be sure...

Having a basic estate plan is important and should be done as soon as possible. This is true regardless of a person’s age, their family situation and financial circumstances. To grasp the value of a will, it is important to know the basics. A will can dictate how...

A will is the most basic option when creating an estate plan. For people in Kentucky, having a will is a protective device that will ensure their property goes where they want it to go after they have died. However, it is not uncommon for family members and people who...

Estate planning is how you plan for your medical wishes, end of life and what you want to happen after you pass. However, while Kentucky estate planning laws are similar to those of other states, there are some unique quirks that you should be aware of. Estate tax...

When you are appointed a personal representative for someone’s estate in Kentucky, you must go through the probate process. If you have never done this before, you are likely to have many questions about probate and what it involves. Probate is the process of settling...

Have you considered creating a revocable living trust? According to Kentucky Revised Statutes Chapter 386B.4-020, a grantor has to be of sound mind, possess an intention of establishing a trust and have an intended beneficiary to create a living trust (or any other...

It’s natural to want to do the right thing by your family, but the last thing on your mind is planning for your death. However, we all have to go at some point, and you won’t take your assets with you. For these reasons, it’s crucial that you choose an executor for...