To legally write an estate plan, someone has to have testamentary capacity. They are of sound mind, they understand the decisions they are making and there is nothing that could negatively impact their estate plan. Generally speaking, most adults have testamentary...
A significant part of the probate process is spent addressing major assets. This can include investment portfolios, bank accounts, real estate, retirement accounts and more. It is certainly true that probate disputes can arise – potentially leading to litigation –...
In Kentucky, the law protects you from shouldering the leftover debt of your deceased parents. If you are staring at a stack of credit card statements, understand that there is a way to settle this without risking your personal assets. How the probate process settles...
If a loved one or friend has asked you to be the trustee or successor trustee of a trust, it’s crucial to find out just what your responsibilities will be. Some trusts are fairly simple to administer. They may only require that you disburse a designated amount or...
