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...
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....
People with special needs often rely on family members and others for assistance. For example, many people with special needs are unable to work, and they rely on financial support from their families to survive. Others need help performing the activities of daily life, such as going to the store, bathing, etc....
If you have circumstances where you’d like to guide the use of your assets for the foreseeable future after your death, then you should consider creating a revocable trust. Unlike an irrevocable trust, you can revoke or amend a revocable trust at any time without seeking anyone’s permission to do so. In...
Many people believe that estate planning is only for seniors or people with a lot of money. This isn’t true, however. In fact, most young adults should have an estate plan in place. Because if you are a young adult and don’t have an estate plan, the court will make important decisions...
Estate planning is important. In fact, most adults need an estate plan regardless of wealth or age. If you fail to put an estate plan in place, your assets, ability to make certain decisions, and other important matters will be placed in the hands of the court. And there is a good...
