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Special Needs 3

Special Needs Estate Planning

March 1, 2023
by Kentucky Estate Planning Law Center Estate Planning

Few things are more beautiful and pure than a parent’s love for their child. Parents work hard to ensure that their children have the best chance at a successful career and one day retire after living a fulfilling life. However, not all children have the ...

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Love letter

Keep Valentine’s Day Romantic With a Nuptial Agreement

February 14, 2023
by Kentucky Estate Planning Law Center Asset Protection

Valentine’s day can be a subject of excitement and joy for some couples, and a sore reminder for others. One of the easiest ways to keep things romantic is to eliminate the worry surrounding assets in a marriage is through a prenuptial or postnuptial agre ...

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2023

Estate Planning New Year’s Resolutions

January 16, 2023
by Kentucky Estate Planning Law Center Estate Planning

New Year’s is fast approaching, which means that many of us are reviewing 2022 and deciding what we can do better in 2023. We’re also identifying new goals based on everything that’s happened this year. Estate planning should be on everyone’s agenda fo ...

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Holidays Siblings

Holidays Are For Estate Planning!

December 12, 2022
by Kentucky Estate Planning Law Center Estate Planning

The holiday season is when you see family members who don’t live nearby. That’s one of the main reasons why Christmas and New Year’s are such festive times: the extended family either gathers under your roof or comes into the immediate area so you can all ...

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Holidays

End-of-Year Estate Planning Goals

November 2, 2022
by Kentucky Estate Planning Law Center Estate Planning

While it’s impossible to predict the future, one thing is for certain. If we don’t plan for it, life can be difficult for our loved ones when we pass. This is why creating an estate plan is something we should do sooner rather than later. Many people h ...

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Revocable Trust

Revocable Trusts: Easiest Way to Not Pay Twice!

October 19, 2022
by Kentucky Estate Planning Law Center Probate/Trust Administration

When you’re looking to reduce your probate tax and preserve as much of your estate as possible for your beneficiaries, a revocable trust can help you achieve both goals. Unlike their irrevocable counterpart, revocable trusts can be amended or revoked at a ...

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Probate

Your Guide to Administration of a Probate Estate

September 6, 2022
by Kentucky Estate Planning Law Center Probate/Trust Administration

If your loved one died with an estate, and you were designated as the administer of that estate while it goes through probate, it is important to understand your legal rights and responsibilities. Probate is the process of settling an estate by distributi ...

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Medicaid Planning & Protecting Your Assets

August 1, 2022
by Kentucky Estate Planning Law Center Asset ProtectionElder Law/Medicaid Planning

At this time, the average cost of a nursing home in Kentucky is between $70,000-$80,000 a year. The national average for a private room is over $100,000 a year. Typically, the people who require these types of facilities are retired, live on a fixed incom ...

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Fiance 8

Remarriage Protection in Estate Planning

July 1, 2022
by Kentucky Estate Planning Law Center Asset ProtectionEstate Planning

For those who are divorcees and considering remarriage, estate planning can provide a safe and secure way to protect one another’s assets. By creating a prenuptial agreement alongside other estate planning documents, spouses can also decide how assets sho ...

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Home 8

How You Can Effectively Protect Your House From Medicaid Estate Recovery

June 2, 2022
by Kentucky Estate Planning Law Center Asset ProtectionElder Law/Medicaid Planning

If you or a family member is making use of the Medicaid program, it’s important to keep in mind that states will attempt to recover the costs of that care from the estate of the Medicaid recipient. Unfortunately, in most cases, the only substantial asset ...

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Estate Planning 9

What’s the Big Deal With Going Through Probate Court?

May 1, 2022
by Kentucky Estate Planning Law Center Probate/Trust Administration

If you’ve taken a look around a few estate planning websites, you’ve likely heard claims of how detrimental or painstaking probate court is. In fact, one of the most common reasons for creating an estate plan is to avoid probate. Very few of those website ...

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Power of attorney

Creating Effective Power of Attorney Documents

April 29, 2022
by Kentucky Estate Planning Law Center Estate Planning

It’s an unfortunate reality that injuries and illnesses often come unexpectedly. When they do, power of attorney documents are useful tools to ensure that your wishes are followed, even if you’re unable to make those decisions yourself - but these documen ...

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Recent Posts

  • Can You Protect an Inheritance From Divorce, Debt, or Bad Decisions?
  • Should You Put Your Adult Child on Your Bank Account? What Kentucky Families Should Consider
  • Estate Planning for Family Farms and Rural Property in Kentucky
  • Should You Give Assets Away Before Applying for Medicaid in Kentucky?
  • Why “Equal” Inheritances Don’t Always Feel Fair

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