Taking Care of Your Thoroughbred

Written by Jim Worthington on May 2, 2022

Happy Kentucky Derby! Louisville is buzzing with the first Derby Week in three years that feels halfway normal. Despite the “Why Work? It’s Derby Week” t-shirts around town, I’m plugging away. In fact, all of this talk about two-year-old thoroughbreds made me think about pet trusts. Both Read More

What to do with all those documents you just signed?

Written by Jim Worthington on April 6, 2022

Congratulations! You’ve just spent time and money working on your will, power of attorney, health care directive, and maybe even a trust. You wrestled with who to name to take charge of your affairs while you’re alive if you can’t do so yourself, who should make important health…Read More

HOW TO FUND A TRUST?

Written by Jim Worthington on March 23, 2022

Hopefully, the last article convinced you that you need a revocable trust if you live in North Carolina. Kentucky residents may want a revocable trust as well so this article should help my clients in both states.

As a reminder, a revocable trust is a document where…Read More

DO I NEED A TRUST IN NORTH CAROLINA OR IS A WILL ENOUGH?

Written by Jim Worthington on March 23, 2022

Many clients call and ask if they need a revocable or living trust instead of a will. A will takes effect only when you die and names a person or company as personal representative to pay your creditors and to distribute your property according to your wishes. A…Read More

IF YOU LIVE IN NORTH CAROLINA, YOU SHOULD HAVE A WILL

Written by Jim Worthington on March 2, 2022

The world is shocked when a celebrity dies without a will. But we really shouldn’t even be surprised—much less shocked. Survey after survey reveals that at least half of American adults don’t have a will. This article explains why not having a will is a problem by looking at some…Read More

Why Shouldn’t I Make My Own Will?

Written by Jim Worthington on October 19, 2020

“I just want my will to be simple. Lawyers make things too complicated, use language I don’t understand, and charge too much.” I’ve heard sentiments like these all too often during my career. Unfortunately, they cause some people to avoid making a will, which creates problems Read More

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