Those who own one or more properties are wise to consider how to protect these assets. Proper financial planning requires the owner to look at more than just the immediate. There are many strategies and legal tools that can help you to plan to preserve your wealth...
PROACTIVE REPRESENTATION
THAT GETS RESULTS
THAT GETS RESULTS
Estate Planning
Are trusts the key to generational wealth?
Those who are savvy with their investments and building wealth likely know about trusts. These legal tools can serve as part of an estate plan to help meet any number of goals. Depending on how the estate owner drafts the trust it can be tailored to protect against...
A primer on the Kentucky Living Will Directive Act, part 2
Previously, we began our overview of the Kentucky Living Will Directive Act, the primary law in the Commonwealth governing living wills, a type of advance directive. As we explained, a comprehensive estate plan includes not only careful planning for the disposition of...
A primer on the Kentucky Living Will Directive Act, part 1
We provide comprehensive estate-planning services to Kentuckians. Most understand that estate planning encompasses wills, trusts, powers of attorney, gifting, and related tax planning – and they are correct – but many forget a critical component of essential planning:...
Kentucky estate planning tools: Wills and trusts
When people think of estate planning, the first legal tools that likely come to mind are the will and the trust. Today we discuss the differences between them and the roles each can play in estate planning. Last will and testament A will directs how property is...
What is a Kentucky health care power of attorney?
The health care power of attorney allows someone to name a person (or persons, including successors) to make medical decisions for the appointing person if they cannot make decisions on their own because of mental incapacity like unconsciousness or inability to...
What is probate and why should my Kentucky estate try to avoid it?
A common mantra during estate planning is to avoid probate. Yet many people do not understand the probate process or why it’s smart to avoid it through proper planning. The probate process Probate is the legal process of administering an individual’s estate after he...
