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

WORKING REMOTELY

Written by Jim Worthington on March 25, 2020

Worthington Law Firm will be working remotely as long as #healthyathome is the Commonwealth’s policy and law. We expect that the decision to change that will be driven by data and expert recommendations. We will be available to meet for document signings. For those meetings, we’ll follow the CDC’s recommendations…Read More

SECURE IN YOUR KNOWLEDGE: WHAT THE NEW ACT MEANS FOR ESTATE PLANNING

Written by Jim Worthington on December 22, 2019

A new law that has important financial and estate planning implications takes effect January 1, 2020. Everyone will need to review their planning but it particularly means that parents who have trusts for minor or young adult children should review and possibly amend their estate plans very soon. Doing so…Read More