VanAntwerp Attorneys, LLP
Phone: 606-618-0698

Estate Planning Archives

Skip parts, or all, of probate by following these steps

Probate has a terrible reputation, and this is because it can a time-consuming and stressful process for the beneficiaries of an estate. Ultimately, though, probate is just the legal process of executing and finalizing an estate in court. It is simply procedural. There is no inherent bias that makes it "bad." Nevertheless, most people do everything they can to organize their estate in a way that skips or avoids probate. There are some tremendous advantages to doing this.

Debt after death

Estate planning should provide you and your loved ones with peace of mind. Taking the proper legal teams can provide your family with money and assets to help secure their futures.

Taking control of your late-stage life planning

The most difficult, yet intimate conversation patients have with their doctors involve the end of their lives. Regardless of age, anyone comes to a doctor looking for hopeful news regarding their health. Many times, much-needed talks revolve around what happens if recovery is not an option.

Special needs trusts

To someone in Kentucky who is suffering from a disability, qualifying for public benefits may be essential for receiving the medical and other assistance necessary. However, eligibility depends on falling below a certain income limit. According to CNBC, setting up a special needs trust allows parents or guardians to designate a regular income for their disabled family member to take care of expenses that federal assistance may not cover, such as eyeglasses or dental work.

Beyond the will: how to effectively plan for the inevitable

Creating a will is a wise move for all residents of Kentucky and the United States, because the legally binding document dictates how one's affairs and assets will be handled and dispersed once the will's author passes on. The will is not the only component of estate planning, however, and the New York Times notes several other important elements that can considerably reduce the stress and strain placed on surviving loved ones when someone dies.

5 Reasons Estate Planning Should Be Part Of Your 2017 Resolution

The beginning of a new year is a time to reflect on the past year and make new goals for the future. It is a time for reassessing what is important to you and setting new priorities. As you think about what you want to achieve in 2017, consider estate planning.

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Ashland, KY 41105

Phone: 606-618-0698
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