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...
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Probate & Estate Administration
Estate administrators can incur liability for debt-related mistakes
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...
3 issues for out-of-state representatives during Kentucky probate
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...
Probating small Kentucky estates
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,...
What happens when the original will can’t be found?
In a typical Kentucky probate proceeding, the original copy of a decedent's last will and testament must be produced. However, it's possible that the original copy cannot be found, which means that a duplicate will need to be presented. Whether the duplicate is...
What to know about incomplete transfers
Assets that remain in your Kentucky estate after you pass away will likely be subject to probate. This is a process by which your debts are settled and assets are transferred to beneficiaries. Assets may be transferred either in accordance with instructions left in...
Everything you need to know about probate bonds in Kentucky
When someone passes away in Kentucky, they leave behind assets. A way to take care of this situation is through probate, a legal process that settles and distributes a deceased individual's estate. Estates also require executors who must follow Kentucky's laws and any...
Why hire a probate attorney?
Estate planning incorporates appointing a trusted individual in a Kentucky testator's will. In many cases, the executor is not an attorney and may be unfamiliar with managing and distributing an estate. A probate attorney can help executors discharge their duties,...
What to remember when acting as your parents’ executor
If your parents in Kentucky have named you as the executor of their will, you'll quickly discover that the role has emotional implications, as well as administrative tasks. They have honored you with carrying out their last wishes. However, you must remember several...
How to sell real estate during probate
A home that remains in your estate upon your death may be transferred or sold per state probate laws. Probate is the process by which the contents of your will are verified and a judge gives permission to distribute assets according to your instructions. If you don't...