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Contending with the loss of a loved one in Kentucky or in any other part of the world is often a challenging time. Fortunately, a reliable and trustworthy executor can help families and friends after a loved one passes away. Whether named in a will by the decedent or...
Kentucky couples who tie the knot expect their marriages to last. Sadly, that’s not always the case; things may happen over time, leading to a breakdown. Some couples will end up divorcing while others may qualify for an annulment. These are the differences between...
As summer ends, it's time for many Kentucky families to shift gears and prepare for the back-to-school season. Effective co-parenting during this period can significantly contribute to a smooth transition for the kids and reduce stress for all parties involved....
Most people in Kentucky who inherit money from a family member won't have worry about federal estate taxes reducing the amount of their inherited assets as only estates worth more than $12.92 million are subject to it as of 2023. However, do beneficiaries need to pay...
If you've been through the probate process in Kentucky, you know it can be time-consuming and sometimes expensive. However, probate can be a helpful option to administer a decedent's estate. That said, probate processes vary by state. The Uniform Probate Code (UPC)...
In Kentucky, probate or the legal process of distributing a person's assets upon their demise, can significantly affect real estate transactions. Understanding some of the common issues that can arise can help you navigate the probate process and make informed...
Kentucky charges an inheritance tax for some types of beneficiaries. It divides the types of beneficiaries into three categories: Class A, Class B and Class C. Class A The decedent’s spouse, children, grandchildren, parents and siblings fall under Class A. They don’t...
In Kentucky, an estate executor must set up a probate bank account as one of the essential steps in managing the deceased person's estate. The account, held in the name of the estate, is a temporary holding account for the deceased's assets. The account aids the...
In Kentucky, people going through the divorce process embark on a journey that involves several stages, resembling the grief process after a loss. Each step presents new emotions and challenges, which fall into six basic categories. Understanding these stages can help...
When a Kentucky resident dies, the person who assumes responsibility for fulfilling their wishes and distributing their assets is the estate executor. This role comes with great responsibility to the person who passed away, their heirs, and even the state. If someone...
