Estate Planning is necessary for everyone regardless of economic status. If you have been fortunate enough to create a strong financial base for you and your family, it is even more important that you plan ahead for your family’s future. Family wealth planning allows you to determine ahead of time exactly how you want your legacy passed on. If you don't, your family may not benefit from your hard work in the end. One way to accomplish this is through a family trust. What is legacy planning … [Read more...] about A Family Trust isn’t only for the Wealthy
Ways to avoid the Kentucky Probate Process
You may have been told that avoiding probate should be the number one priority of your estate plan. Whether it is a top priority or not, there are several things you need to know about the Kentucky probate process in order to have any chance at avoiding it. Probate avoidance can be a goal of estate planning if you do it the right way. The purpose of the Kentucky probate process The estate of the deceased must go through probate so that the property can finally be transferred to the intended … [Read more...] about Ways to avoid the Kentucky Probate Process
Important Living Trust Benefits of Which You Should Take Advantage
As with all other available estate planning tools, living trust benefits are far-reaching. Living trusts provide effective probate avoidance from which every estate can benefit. Many clients would prefer to avoid the long, expensive probate process, which a living trust can accomplish, while allowing you, the grantor, to continue to control your property. Here are some of the most important living trust benefits. First, what is a living trust? A “living trust” is a complete will substitute … [Read more...] about Important Living Trust Benefits of Which You Should Take Advantage
Louisville Center for Autism Provides Valuable Resources for Families
If you have ever taken care of someone with special needs, you are familiar with all that it requires to properly care for them, including medical and personal needs. Children with autism can benefit from the valuable resources available in Louisville. One great resource is the Families for Effective Autism Treatment (FEAT) of Louisville, a non-profit organization that actively supports and funds autism programs. FEAT of Louisville is dedicated to simplifying the journey through autism with … [Read more...] about Louisville Center for Autism Provides Valuable Resources for Families
The Dangers of Using a DIY Will
If you are considering drafting your own will maybe you shouldn't. Certainly, do-it-yourself estate planning products like wills and powers of attorney have become more readily available. However, an inexpensive, computer generated DIY will cannot compare to a professional drafted legal document. Even if the DIY will you purchase may appear to be professional, there are always certain dangers in using DIY products. The risk is that it may not work the way you expect or it may even be … [Read more...] about The Dangers of Using a DIY Will
