A Morbid Conversation About Preparing to Die
Most of us want to do whatever we can to make our own deaths as easy on our families and loved ones as possible. As most people already know, a part of that is making sure that you have an accurate and up to date valid will. But the purpose of this discussion is more about self-help advice, than it is reminding you to come to our office for any legal services.
Where to Start
Something I see rather frequently in my practice is families coming in after a loved one has passed and no one has any idea where to begin. They know that something must be done at the Courthouse and it is usually helpful to have a lawyer, but that is it. Often, they do not know if the person who passed had a valid will or where it is located. They do not know if they had investments or life insurance or any other types of assets. If they do believe the deceased had life insurance or an investment portfolio, they often do not know what company managed the accounts. Continue reading
Preparing To Die Young
I know this is a rather callus way to start a conversation. But frankly we are all going to die and need to be prepared to do so. This is a conversation that I as an attorney tend to find myself having more with older people, but none of us really have the promise of tomorrow.
Dying Young, Or At Least Youngish
Preparing to die young is an important task that too many of us avoid. In my opinion, it is more important for younger adults, who still have minor children to have a properly prepared will; than it is for someone whose children are grown. I would imagine that a dying parent who still had children at home would be far more concerned with who was going to look after their children; than how their property was divided. Continue reading
What To Bring To The First Attorney Meeting For Probating A Will In Kentucky
The probate checklist below provides the attorney with the information necessary to evaluate the probate issues for your specific case.
Information about the Deceased:
How do I make sure my Will is Valid in Kentucky?
Whether a Will is valid is controlled by Kentucky State Statute. KRS 394.040, sets forth the necessary requirements for a valid Will in Kentucky.
To be valid a Will must be:
• Signed by the Testator (person who the Will is for) or someone else who can sign for the Testator IF in the presence of the Testator AND at the direction of the Testator
Can I make a Will in Kentucky?
The requirements for making a Will in Kentucky are actually very simple. KRS 394.020 allows that any person of sound mind that is 18 years old or older can make a Will. A Will can say what happens to an estate, right, or personal property and real property (land) when that person dies. Continue reading