Protecting your home from Medicaid in Kentucky can be a complex and sensitive issue. Very often our home is our greatest asset. As a result, the thought of losing it can provoke anxiety when trying to plan for Medicaid eligibility.
Medicaid is a federal and state program that provides...
An estate planning inventory is a comprehensive list of all of an individual's assets, liabilities, and other relevant information that will be essential for estate planning purposes. Creating an inventory can simplify the estate planning process, and is particularly useful in ensuring that all assets are considered when creating or updating a...
Estate planning for blended families can be more complicated than for traditional families due to the unique dynamics and potential for conflicts among step-relatives. We have all heard of situations where one spouse dies in a second marriage and there are biological children involved from the first marriage or relationship. They may...
Estate planning strategies may be approached differently depending on whether you are a millennial or a baby boomer.
A millennial is considered to be anyone born between the years of 1981 and 1996 (ages 27-42), whereas a baby boomer refers to a member of the generation born between the...
We often see television episodes where wealthy people are depicted accessing their trust funds to keep up with their spending habits. We might imagine that trust funds are only part of the vocabulary of wealthy people. But despite what we might think, trusts are not only for wealthy...
Are you concerned about having enough assets to care for yourself or your loved ones as you age and might be in need of assistance for your medical expenses, as well as your daily long-term care living situation? There is planning that can be done with the help of experienced elder law...
Imagine stepping into the next thrilling chapter of your life as newlyweds, a world filled with shared dreams, laughter, and togetherness. Yet amidst the joy, an unexpected question lingers, one concerning the fate of your assets, your hard-earned financial reserves, in the unfortunate event of something happening to you. You might...
The passing of ownership from parent to child, or other family member, is fairly common in a family-run business. What might have started first as a necessity has, through time, become tradition and is still a point of pride among many business owners. As the business owner, you will want to provide...
In Kentucky, pets fall in the same category as your automobile, furniture, clothing, or other assets. This is despite the fact that our pets are beloved members of our family. It is useful to prepare ahead of time with the guidance of an attorney to make sure that your pet is...
The intricacies of estate planning make it an area where professional legal guidance is often crucial, particularly for the protection of your loved ones. Opting for a DIY approach to estate planning may seem appealing, but it often lacks the comprehensive detail and legal foresight necessary to secure your assets effectively....
