Kentucky Enters the 21st Century With a Digital Assets Law

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 ...
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News from the Kentucky General Assembly

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 ...
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Kentucky and North Carolina Court Closures Extended

Kentucky Supreme Court Chief Justice Minton announced that Kentucky courts would be closed to most in-person services through Sunday, May 31, 2020. North Carolina Supreme Court Chief Justice Beasley issued an order on April 13, 2020 granting an automatic extension ...
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Remote Signing During the COVID-19 Emergency

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 ...
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KENTUCKY POWER OF ATTORNEY CHANGES

Three big changes to Kentucky power of attorney law will take effect sometime this summer because Kentucky has adopted the parts of the Uniform Power of Attorney Act that it did not adopt when the law last changed in 2018 ...
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Kentucky Court Closings Extended

On Thursday, March 26, 2020, the Kentucky Supreme Court extended the court closings two more weeks. Courts will be open for very few cases through Friday, April 24, 2020. The details are in the order, which is linked here ...
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Kentucky Courts Mostly Closed through April 10, 2020

Chief Justice Minton has issued an emergency order, AdminOrder2020-08ReCOVID-19Emergency, cancelling in-person court appearances for most matters. The order is effective from March 16, 2020 through April 10, 2020. Based on phone calls I've made, the circuit court clerks and chief ...
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SECURE IN YOUR KNOWLEDGE: WHAT THE NEW ACT MEANS FOR ESTATE PLANNING

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 ...
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I’ve Moved: Do I Need a New Estate Plan?

The cardboard boxes haven’t been recycled yet, and you still can’t find your kitchen gadgets. Do you really need to be thinking about your estate plan? Yes. That’s the short answer. The more important question is: How quickly do you ...
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Marital Agreements as Part of an Estate Plan

For many clients, a prenuptial agreement is an important part of their estate plan. People often think of prenuptial agreements as planning for divorce and think they spell doom for the marriage. That’s a short-sighted view. Talking through a carefully ...
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