Non-disclosure agreements (NDAs) are legal contracts used to protect sensitive information from unintended third parties. They are commonly used in business transactions, employment contracts and other scenarios where confidentiality is important. A party bound by an...
Year: 2024
Can creditors make claims to an estate?
Financial debts can be a significant burden during a person’s life, affecting their peace of mind and financial stability. Whether it’s credit card debt, medical bills or loans, these obligations can cause stress and limit one's ability to enjoy financial freedom....
Why some families face probate disputes
Not only are probate disputes emotionally draining, but they can be expensive for families. Understanding the most common causes of probate disputes can help to avoid disagreements and more effectively plan estates. Here are some important factors to keep in mind:...
Did an outside party influence a loved one’s will?
Families are typically grateful when loved ones have the foresight to establish an estate plan. Wills make it clear how an individual wants their personal representative to distribute their property after their passing. The instructions provided in a will can prevent...
How do you know if your loved one’s estate is insolvent?
When you're dealing with the loss of a loved one, handling their estate can feel overwhelming, especially if you discover their debts might outweigh their assets. This situation, known as an insolvent estate, can add extra stress to an already difficult time....
Was an older relative competent when they drafted their will?
People can contest or challenge wills in several specific scenarios. Kentucky law allows for will contests if an outside party exerts undue influence on the testator. People can contest a will by alleging it is inaccurate or that it violates the law. There can also...
Probate disputes may involve jointly owned real estate
Many probate disputes arise when siblings can’t agree on what to do with specific assets. This is why drafting an estate plan is so important. It can give them guidance so that they don’t have to make these decisions on their own. However, some types of property are...
The fiduciary duties of an executor
A will is a legal document that provides instructions. Usually, these instructions relate to how the testator’s assets will be distributed upon their death. However, instructions may also include things like who will look after minor children. The person tasked with...
Does a child have to consent to an adoption in Kentucky?
Adoptions of children and young adults often involve people who already know affected children well. Stepparents, grandparents, aunts and uncles are among the numerous parties who may seek to adopt a child due to difficult family circumstances. When the parent(s) of a...
How can you speed up probate?
If you are due to execute someone’s estate, then you want to do so as efficiently as possible. Not only will this save you time, but it will mean that the beneficiaries get the assets due to them as soon as possible. Doing that means they are less likely to be nagging...