Probate proceedings can be costly and time consuming. Having a solid estate plan in place helps alleviate this issue. Kentucky attorneys with deep experience in this area of law know that every state has different ways of addressing the probate issue.
A successful estate plan is one that passes your assets to the next generation while minimizing unnecessary taxation and limiting other expenses. This may include, for example, reducing the need for probate by placing the assets in an appropriate trust. It may also include taking steps to minimize intra-family disputes that could result in a challenge to the estate distribution.
If you are starting a new business, you may already have decided that a limited liability company (LLC) is the right choice for you. Your choice of business entity should be based on your business goals, the investment you require, your preferred tax structure and an understanding of the liabilities of each entity type. Once you have chosen an LLC, however, how do you go about setting it up?
Unnecessary unemployment insurance claims hurt your bottom line. If you believe one of your former workers should be disqualified from receiving UI benefits, you should file a protest with the Division of Unemployment Insurance. If you don't file a protest, your reserve account will be charged.
It's easy to ignore the need for an estate plan. You're busy and it doesn't seem that urgent, right? Yet we all know that we could end up needing an estate plan without warning.
Under Kentucky statute KRS § 237.106, employers can't prohibit people who are legally entitled to possess firearms from storing them in vehicles parked on the employer's property. If an employer takes any negative job action against an employee for legally having a firearm in their vehicle, the employer can be held liable for civil damages.