Probate is the legal process of administering an estate after an individual’s death. While probate could be advantageous in some situations, most Kentuckians try to avoid probate because the process can be complicated, take a long time, and involve significant expenses. Probate is a court-supervised process that includes validating a will, appointing an executor or […]
Read MoreA Probate and Estate Planning Lawyer Can Help You Collect Debt If someone dies and owes you money in Kentucky, you are entitled to collect those debts from the deceased person’s estate and even get what is due to you before remaining assets are distributed to beneficiaries. After a death, Kentucky requires most estates to […]
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Financial Power of Attorney Dos and Don’ts A financial power of attorney is a legal document that can ensure that a trusted person is handling your financial affairs when you are not mentally or physically capable of doing so yourself. This document can be used for a specific need or to grant a chosen individual […]
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Deciding on the best way to protect your estate can be challenging. You may have heard that trusts are an excellent way to protect your home and other assets, but you have probably never created a trust. So, when should you put your house in a trust? What Is a Trust? A trust is a […]
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No Will Means No Control If you die without a will in Kentucky, your assets may not go where you want them to. Not only do you lose control of who should get what, but you may be creating major problems and extra expenses for your loved ones after your death. If you die without […]
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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 […]
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We understand that becoming the beneficiary of an estate is often a bittersweet experience. The pain of losing a loved one is rarely surpassed by the monetary gifts they may leave behind. However, when the estate goes to probate, and the process seems never-ending, our probate attorneys at Bunch & Brock may be able to help […]
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Going through probate can be a lengthy, expensive and stressful process, but the attorneys at Bunch & Brock make that process easy and straight-forward for their clients. If you’re wondering whether all assets have to pass though probate, the general answer is no. The things that are typically required to pass through probate are assets […]
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New Year’s is a perfect time to take a snapshot of your future goals, including evaluating the status of your estate plan. Whether you already have an estate plan that needs to be updated or you are just starting to explore the idea of creating a will, the beginning of a new year is the perfect […]
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In the view of some people, estate planning is easy — have an attorney draw up a will, leave what you want to whom you want, and hope for the best. However, there is far more to it than that. Through estate planning, you can achieve many goals. You can give to charity, make arrangements […]
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