Without planning, a family business may not survive the death of its founder or leader. An estate plan alone cannot guarantee continuity of the family business. Legacy assessment A legacy assessment goes far beyond an estate plan and helps the family deal with...
Estate planning is one of those topics that everyone in Kentucky knows is important, but many are reluctant to talk or think about. When assessing the realities of life, it can be difficult to consider the future in that context. However, people who have a family and...
In Richmond and other areas of Kentucky, people are family-oriented and interested in passing their property forward to loved ones in a seamless and effective manner. To achieve this, it is important to understand the value of estate planning. While there are many...
Just as you age as an adult so do your parents, and there will come a point when one or both of your parents pass away. While it is sad to lose a parent it is a natural part of life. However, as the adult child you may be placed in the position of executor of your...
Once a person reaches middle age or becomes an empty-nester they often start to give thought to what they want to happen to their property once they pass away. They may want family heirlooms to go to their adult children or they may want their home to stay in the...
No one wants to plan for the event of their death. For families, the death of a loved one can throw the whole family dynamic into chaos. Grief brings out strong emotions in people. With close families, that grief can sometimes bring up old arguments and contention....
Estate planning is no simple task. Planning out your future and figuring out how to care of yourself is an important task. The process is often complicated, confusing and difficult to navigate. The internet can be a great resource, but it can also be misleading. The...
No matter how big or how small, everyone has an estate and you should take the necessary steps to make sure your assets end up where you want them to when you die or are incapacitated. Your estate is made up of everything you own including your vehicle, residence,...