The term “estate” simply refers to the property an individual owns during their lifetime. “Estate law” is broken in to two distinct areas, “Estate Planning” (where a person, while alive, determines to whom their property will be given upon death) and “Estate Administration” (the legal process to ensure a persons property is properly distributed after death according to their Last Will and Testament or the laws of Kentucky.)
Contact us today and let us help you plan for the future or be a rock in your time of need.
In Kentucky, if an individual dies without a Last Will and Testament or a Trust, then their “estate” will be divided according to laws created by the Commonwealth of Kentucky. However, there are many reasons to avoid that situation, both personal and financial. You might not want your jewelry collection to be sold just so it can be divided equally between squabbling siblings. Also you might not realize that an outright gift to a family member or friend receiving SSI and Medicaid, could cause them to lose those benefits.
Estate Planning Tools we offer:
Last Will and Testament
Power of Attorney
Health Care Power of Attorney
Advance Living Will Directives
The death of a loved one is an emotion experience, but during this time of grieving families are faced with new and unexpected challenges. How are the bills going to be paid? What happens to their loved ones property? Do we need to do talk with an attorney?
The answers to those questions will be different for each family and their situation. While the administration of a loves ones estate can be complex and confusing, it does not have to be stressful.
How we help:
- Testate (With a Last Will and Testament)
- Intestate (Without a Last Will and Testament)
Counsel for Beneficiaries
Life Insurance Claims