Dying Without a Will in Kentucky

Written by Jim Worthington on September 20, 2020

All too often, a person dies without a will. Let’s face it, it’s not fun to think about dying. No matter what your age, it’s easy to put off formal planning for all the things that will need to happen after your death. But not making a will can make…Read More

NEW KENTUCKY LAWS FOR 2020

Written by Jim Worthington on September 8, 2020

Kentucky estate planners are busy this summer learning about several pieces of legislation that the General Assembly passed, all of which became effective on July 15, 2020. Lawyers and other advisors will be incorporating these new laws into our advice to clients. These new laws are fairly technical and each…Read More

Your Power of Attorney: Pitfalls to Avoid

Written by Jim Worthington on August 21, 2020

I don’t want my POA to be effective immediately. Can I wait until my doctor says I need it?

You may think you want to condition your agent’s authority on a medical professional saying you are incapacitated, which means you are unable to manage your property or business affairs. Read More

Kentucky Enters the 21st Century With a Digital Assets Law

Written by Jim Worthington on May 17, 2020

Serving as someone’s agent under a power of attorney, personal representative of their estate, or even trustee—all of whom are fiduciaries— means taking charge of all their property. That includes bank accounts, investment accounts, retirement accounts, and residences. Whether these fiduciaries knew it or not, that property has also included…Read More

News from the Kentucky General Assembly

Written by Jim Worthington on May 3, 2020

The Kentucky General Assembly’s 2020 session led to several new laws that affect trust and estate planning and administration. It’s time to look at how those changes will affect us since the chapter on this year’s legislation is closed; the 2020 Regular Session ended by adjourning sine die on April…Read More

Remote Signing During the COVID-19 Emergency

Written by Jim Worthington on March 31, 2020

On Monday, March 30, 2020, Governor Andy Beshear signed HB 150 to provide a variety of relief during the COVID-19 state of emergency. Section 1(11) of that Bill allows for remote signing and notarization in Kentucky. “Notwithstanding any state law to the contrary,” it is effective…Read More