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Trusts are tools for managing and safeguarding assets. They offer a combination of privacy, control and flexibility, which make them indispensable for individuals looking to navigate the complexities of asset distribution, tax planning and legacy preservation both...
If you have debts in Kentucky when you die, you might think that they will disappear since you won't be able to pay them yourself. However, this isn't entirely true as there are some debts that could become the responsibility of others. Mortgages In the event that...
A will contest is a legal dispute that arises when someone disputes the validity of a will. There are many reasons why someone might choose to contest a will, and besides them, it is important to understand the process and what you can expect. Why do people contest...
When you're going through a divorce in California, you might think that you should just divide everything that you own in half so that each person has something or so that each person has their own belongings. However, there are a few mistakes that you could make by...
In Kentucky, after a person dies, their estate must be settled. The case will begin with the deceased's will. From there, the estate might go to probate. The probate process begins The court will look at the deceased's will to initiate the probate process. If there is...
A per stirpes distribution ensures that everyone who stands to inherit from an estate will inherit equally. This method benefits the children and grandchildren of the deceased estate owner. There are other facts about this type of inheritance that are crucial to know...
The state laws in Kentucky use a living will to determine how an estate gets managed after someone’s death. If a will doesn’t exist or can’t be found, then the deceased leaves their assets to be managed by the judicial system. Both probate and intestate happen after a...
A will is an important document that states a person's final wishes. If someone thinks that a will may be invalid, there is a process that allows them to contest the will. In Kentucky, only certain parties have standing to contest a will. Who has standing to contest a...
