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Being the executor of someone’s estate is a big honor – but it’s also a big responsibility. Aside from the normal challenges that go along with making sure that an estate is properly probated, you may also have to deal with impatient, distrustful or even aggressive...
When a person who has an estate plan passes away, their estate administrator takes on the responsibility of handling the estate’s affairs. Throughout the process of handling the estate, it’s critical that the administrator follows the estate creator’s wishes. They...
Families have a way of moving apart – geographically speaking – over time. Sometimes, retiring parents move to warmer locales. Other times, their children may leave the state where they grew up in pursuit of relationships or career opportunities. When someone dies in...
Credit card debt is very common in the United States, and it keeps growing. For example, it recently passed the $1 trillion mark, setting a new high point. But it is likely that it will only continue to climb from there, as Americans use credit cards for numerous...
Probate is an important process that allows the executor to perform their duties and settle an estate. This process can take several months to over a year. During this time, someone could have reasonable evidence to dispute the process. Here are several reasons...
When going through probate after someone has passed away, there will be an estate executor. This person has been identified in the estate plan, and their job is to help the process play out. The estate plan itself provides instructions. The estate executor follows...
Estate planning is an important way of ensuring that your assets are distributed according to your wishes after you pass away. However, things may not always go as planned, and if one or more of your beneficiaries predecease you or are unable to inherit due to...
An individual who serves as the personal representative of a Kentucky estate has a lot of work ahead of them. The probate process requires communication with multiple parties, attending hearings in probate court and the management of valuable estate assets. A personal...
Before someone dies, they may have chosen someone they know to serve as their personal representative or the executor of their estate. Other times, the Kentucky courts may name someone based on the relationship that they have with the decedent. Sometimes, the person...
During the probate process, the decedent’s will is verified, the estate’s debts are settled and any outstanding taxes are paid. When all of this has been done, the decedent’s assets are distributed according to the provisions of their will. Probate is a complex,...
