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Ideally, when someone’s will is read and their estate goes through probate, the beneficiaries will receive exactly what is outlined in the estate plan. One major benefit of creating an estate plan is to ensure a smooth transfer of assets to the next generation. In...
Many parents shy away from divorce because they worry about custody. Almost everyone has heard tragic stories in which parents lose their relationships with their children as a result of divorce. People share exaggerated stories in which one parent denies the other...
It's a common practice for parents to name their adult children as the executor of their will. They likely believe their child is trustworthy and will administer the estate according to their wishes. If your parents name you as executor, it's imperative to understand...
If this is your first holiday season since your divorce, then you’re likely experiencing many emotions. Sadness and wondering how your children will be impacted may be at the forefront of your mind. Here are some tips for getting through the holidays and looking...
Frequently, the person who files for divorce may blame the other spouse. The person who files may have a list of reasons why they made that choice. Suspicions of infidelity or frustration with a demanding work schedule can do significant damage to a marital...
A prenuptial agreement can be very helpful during a divorce. If you’re worried about how to divide your assets with your ex, a prenup allows you to address some of these issues in advance. Many people use them to protect a business, inheritance, investments or...
Joint ownership is when two or more people share ownership rights to a property or asset. This legal arrangement can greatly affect how an executor or personal representative can administer a person’s estate. There are several types of joint ownership, each with...
The executor or personal representative of an estate has many responsibilities. They are at risk of removal from their position or possibly financial responsibility if they fail to fulfill any of the tasks associated with estate administration. They have to appear in...
Kentucky was a pioneer when it came to father’s rights. It was the first state to officially rewrite its child custody provisions to create a presumption that parents should have joint custody and equal parenting time. However, this presumption is rebuttable – which...
As more of people’s lives and finances shift online, digital assets – including email accounts, online banking, social media profiles, subscription services and intellectual property uploaded to the Cloud – have become increasingly important. If these assets are not...
