12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

You Owe it to Your Loved Ones to do Estate and Inheritance Planning in Butler, KY

You Owe it to Your Loved Ones to do Estate and Inheritance Planning in Butler, KY


It never dawned on us that life is unpredictable, that one day, one of us could suddenly cease to exist and what then? What would be the joy in having left so much unsaid? With what memories would we fill the empty silence?
 
- Isabel Lopez


No matter what life stage you're in, as long as you have loved ones that depend on you, a solid Estate and Inheritance plan is something you need.

A good goal for parents is to make sure they have up-to-date estate plans in place. It doesn't have to be too complicated - a fairly simple will should ensure that your heirs don't have to grapple with the Government or each other after you pass away.

Not all family battles stem from questionable estate plans, but rather from the dysfunction that already permeates an existing family, whose members refuse to acknowledge a perfectly legitimate will. However, a nonexistent or sloppy will or trust can make things much worse.

Why Do People Avoid Estate Planning?

• Ignorance: people don't realize how important estate planning is. Many don't understand the true expense or pain of probate.

• Fear and Denial: people put off getting their estate plan done. It's a tough subject and some folks just don't want to deal with it.

• Indifference: people don't care enough. They have too many other things to worry about. Or they don't really care enough about their legacy.


• Hassle: people think it's too much work.

• Expense: people think it'll cost a lot of money. Not really. You'll spend an inconsequential amount relative to the outlay your heirs will face if your estate goes to probate.

• Procrastination: There's always tomorrow. You are not at death's door. Waiting another day won't hurt.

Getting Started on Estate Planning

Ask yourself these questions:

• Do you have any assets?

• Do you care who gets them?

• Does it matter to you who becomes the guardian to your children?


If you do care, then you should check out the will and estate planning documents available at 12Law. Keep the communication lines open among members of your family, especially when your heirs are old enough to understand what a will or trust is. If your family doesn't take to the communication well, try sharing your basic philosophy on finance and succession with them regardless. It's tempting to leave it to your lawyers and executors to do the communicating when the time comes, it's much better to avoid big surprises down the road. Give your heirs the opportunity to ask questions and understand your decisions while they can still talk to you.

Some basic housekeeping tasks:

• Set up checks and balances among executors, trustees and administrators who are involved in your estate

• Give your beneficiaries some authority over the assets they are entitled to. Allow your beneficiaries some recourse if there are issues about a particular fiduciary or trustee

• Review and update your estate plan on a regular basis (for every life change and every few years). Keep everything up to date!

• Seek a regular accounting of assets that are involved in your estate

• Read up on estate planning and to become familiar with the concepts and changes in the laws

Your goal should be to get your final wishes documented and in legal order. Tackle these things now while you are in full command of your faculties and are in a happier and secure place in your life.

Get started today!

 
Personalize & Print a Free KY Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Personalize & Print a Free KY Living Trust Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
Page 13
Page 14
Page 15
Page 16
Related Legal Services near Butler, KY
Crump Law Office
200 Distillery Commons
Louisville, KY 40206
(502) 540-9958
General Practice Attorneys, Attorneys
Mills Christopher
142 Black St
Barbourville, KY 40906
(606) 545-9825
Attorneys
Christopher J Mills Attorney
142 Black St
Barbourville, KY 40906
(606) 545-9825
Accident & Property Damage Attorneys,  Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  L
Taylor Law Office P
110 Knox St
Barbourville, KY 40906
(606) 545-9771
General Practice Attorneys, Attorneys
D Randall Jewell Law Office
138 Court Sq
Barbourville, KY 40906
(606) 546-9714
Personal Injury Law Attorneys, Insurance Attorneys, Attorneys
Dixon Charley G
111 Knox St
Barbourville, KY 40906
(606) 546-9600
General Practice Attorneys, Attorneys
Schwartz Richard A
810 E Market St
Louisville, KY 40206
(812) 945-9200
Attorneys, Bankruptcy Law Attorneys
Stark William D Atty
222 Knox St
Barbourville, KY 40906
(606) 546-8014
Attorneys, Criminal Law Attorneys
Florio Robert
1500 Story Ave
Louisville, KY 40206
(502) 295-7930
Attorneys, Legal Service Plans
Fauver Law Office
1752 Frankfort Ave
Louisville, KY 40206
(502) 569-7710
Social Security & Disability Law Attorneys,  Attorneys,  Bankruptcy Law Attorneys,  Personal Injury
Dixon John W
210 Court Sq
Barbourville, KY 40906
(606) 545-7000
Attorneys, Family Law Attorneys, General Practice Attorneys, Legal Service Plans
Aguiar Injury Lawyers
1201 Story Ave #301
Louisville, KY 40206
(502) 400-6969
Accident & Property Damage Attorneys, Personal Injury Law Attorneys, Wrongful Death Attorneys
Kasdan Jr Martin Z
2843 Brownsboro Rd Ste 109
Louisville, KY 40206
(502) 897-6930
Attorneys, Legal Service Plans
Collins Dave
203 Knox St
Barbourville, KY 40906
(606) 545-6050
Attorneys, Legal Service Plans
Stark William D Atty
219 S Main St
Barbourville, KY 40906
(606) 546-5998
Criminal Law Attorneys, Attorneys
Davies Samuel E
230 Knox St
Barbourville, KY 40906
(606) 546-5196
Attorneys, General Practice Attorneys, Legal Service Plans
Parahoo Liannie
114 Court Sq
Barbourville, KY 40906
(606) 546-5114
Attorneys,  Bankruptcy Law Attorneys,  Criminal Law Attorneys,  Social Security & Disability Law Att
Millward & Castle Attorneys
114 Court Sq
Barbourville, KY 40906
(606) 546-5114
Social Security & Disability Law Attorneys,  Attorneys,  Criminal Law Attorneys,  Personal Injury La
Millward And Castle PLLC
114 Court Sq
Barbourville, KY 40906
(606) 546-5114
Personal Injury Law Attorneys, Wrongful Death Attorneys, Attorneys
Castle Samuel B Atty
114 Court Sq
Barbourville, KY 40906
(606) 546-5114
Attorneys,  Criminal Law Attorneys,  Social Security & Disability Law Attorneys,  Accident & Propert
Nick Stein Law Office
810 E Market St
Louisville, KY 40206
(502) 589-4949
Attorneys
Lally John
101 Crescent Ave
Louisville, KY 40206
(502) 896-4529
Attorneys, General Practice Attorneys
Brittain Gary W
220 Court Sq
Barbourville, KY 40906
(606) 546-4424
General Practice Attorneys, Attorneys, Legal Service Plans
Arnett Carolyn
2518 Frankfort Ave
Louisville, KY 40206
(502) 585-4368
Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Adoption Law Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US