How to Leave Real Estate in a Will

Posted on November 16, 2022 - 10:17 am by Tom Bunch

If You Own Real Estate in Kentucky, You Need a Will When you own property in Kentucky, you should prioritize making a plan for the future of your property upon your passing. An estate plan can detail what happens to your real estate at the time of your death. A will is a crucial part […]

Petition to Dispense with Administration of a Probate Estate

Petition to Dispense with Administration in Kentucky: A Faster, Simpler Path for Small Estates

Posted on November 14, 2022 - 10:32 am by Tom Bunch

Losing a loved one is never easy, and the legal process that follows can make a difficult season feel even longer. For many Kentucky families, the word “probate” brings to mind months of court filings, paperwork, and waiting. What many people do not realize is that Kentucky law provides a streamlined alternative for smaller estates: […]

What Is the Purpose of Probate in Kentucky?

Posted on December 23, 2021 - 12:29 pm by Tom Bunch

Probate has a grim reputation – slow, costly, bureaucratic – but it exists for reasons that matter to every family. The purpose of probate in Kentucky is to make sure that when someone dies, their property ends up in the right hands, their legitimate debts are resolved, and no one – not a forger, not […]

Is Probate Needed if There is No Will?

Posted on December 22, 2021 - 10:04 am by Tom Bunch

Depending on the circumstances, probate may be needed if there is no will. A Kentucky probate attorney can help you determine if probate is needed in your individual situation. Many people believe that if you have a will in Kentucky, then there is no need for probate when you die, but this is not true. […]

Which Assets Go Through Probate in Kentucky, and Which Ones Don’t? (2026 Update)

Posted on August 24, 2021 - 6:01 pm by Tom Bunch

Probate can be a lengthy, expensive, and stressful process – but it does not have to be. One of the most common questions our Lexington probate attorneys hear is whether everything a person owns must pass through probate when they die. The general answer is no. Kentucky law sends some assets through the probate court […]

The Kentucky Estate Planning Checklist: Every Document You Need, Explained

Posted on January 13, 2021 - 4:31 pm by Tom Bunch

There is never a wrong moment to take a snapshot of where your estate plan stands – a new year, a birthday, a marriage or a birth in the family, a diagnosis, or simply the realization that your documents were signed a decade and two life changes ago. Whether you are updating an existing plan […]

What Happens When a Company Files Chapter 11?

Posted on July 14, 2020 - 8:57 pm by Tom Bunch

What happens when a company files Chapter 11? You may be a business owner who has built a prized business over the years, but because of economic uncertainty and difficult times, you find yourself burdened with significant debt. You are likely stressed and worried, and you may not know where to turn. This could be […]

Estate | Lexington Estate Planning Attorney

Estate Planning for Blended Families

Posted on May 21, 2020 - 1:42 pm by Tom Bunch

Estate Planning for Blended Families Estate planning for blended families can be tricky, especially if there are children, step-children and half-siblings involved. A married couple often wants to make sure all children are accounted for and taken care of in future years, though sometimes in different ways. In addition, a couple may have aging […]

How to Rebuild Your Credit Score

Posted on June 25, 2019 - 5:51 pm by Tom Bunch

If you have accumulated more debt than you can reasonably afford to pay, filing for bankruptcy is often the best option. When you file for bankruptcy, you are able to get out from under the debt and ensure a better financial future for yourself and your family. However, the bankruptcy will have a negative effect […]

Large Retail Bankruptcy News: “Sleep Outfitters” Files for Bankruptcy

Posted on January 12, 2019 - 2:33 pm by Tom Bunch

The “Sleep Outfitters” retail chain has petitioned Kentucky courts for Chapter 11 bankruptcy protection. On January 11, 2019, Sleep Outfitters, a subsidiary of Innovative Mattress Solutions, LLC, filed for bankruptcy in the U.S. Bankruptcy Court for the Eastern District of Kentucky, Lexington Division. Similar, large retail bankruptcy filings have become increasingly commonplace in recent years. […]

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