Probate is necessary for many estates in Kentucky. The courts will often oversee the distribution of someone's assets if they die without a will or have particularly valuable personal property in their estate. However, estates generally only require probate litigation...
Probate
5 reasons contingency planning in Kentucky probate is important
When it comes to estate planning in Kentucky, consider not only the present but also prepare for unexpected events in the future. Contingency planning helps ensure the smooth and efficient handling of your assets. In just a few steps, this type of planning lets you...
Handling real estate assets in the probate process
When it comes to the probate process in Kentucky, real estate assets can play a significant role. Understanding the management and potential sale of real estate in probate is important for beneficiaries and executors. Following the steps properly ensures a smooth and...
What is probate and why should I try to avoid it?
Probate is the legal process that is used to transfer title of assets from the decedent (person who passed away) to his or her devisees (recipients named in the will) or heirs (recipients named by law). Probate can be informal or formal, depending on the situation...
How fast can you get through probate?
With someone dies, their estate will usually have to go through a process called probate. This process is intended to make sure that your final debts are paid (if possible) and make sure that your remaining assets are properly distributed. Probate can take several...
How to communicate with an estate’s heirs
After a testator's death, your role as their executor will begin -- and one of your primary jobs is making sure that the probate process is properly opened and completed. While going through the probate procedures, you will often find it necessary to communicate with...
Creditors’ claims are often a part of probate
The probate process settles the decedent's affairs. For families and beneficiaries, this means dividing up assets like money, belongings, investments, and other things of value. Some are surprised that it also involves paying off any outstanding bills owed to...
Not happy with how probate was handled?
Executors typically try to honor the wishes of the decedent. The job involves closing the estate and distributing assets to beneficiaries and heirs. Still, someone may dispute or appeal the plan or a judge’s ruling concerning the will and estate plan. Common grounds...
How the probate process works in Kentucky
Kentucky allows the estate to go through probate up to ten years after the decedent dies. As with many complicated legal processes, there will likely be delays and setbacks along the way, so it is best not to wait until the final days to complete it in probate court....
Clear estate planning can avoid sibling rivalries
Everyone grieves in their own way. Rather than seek comfort from siblings, one daughter may withdraw from family interaction, or another may pick fights. Sometimes, sons will have tense relationships even when both parents are alive. Even with positive family...