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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,...
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...
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...
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...
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,...
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...
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...
Each year, thousands of people pass away in Kentucky, and their estates and accumulated assets are resolved in various ways. This process can vary significantly depending on the size of the estate, and, most importantly, the deceased's estate plan. When the deceased...
It is generally considered an honor to be named as a friend or family member's estate representative. However, with that honor comes a number of responsibilities that you have to carry out in accordance with Kentucky law. Although you likely won't get in trouble for...
One of the most important decisions when planning your estate in Kentucky involves selecting an executor. Usually, the chosen individual is considerably younger as the individual creating the estate expects the executor to be around to disperse their assets when the...
