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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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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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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Lawyers, real estate professionals, and consumers will see some fundamental changes when Senate Bill 114 takes effect on January 1, 2020. Secretary of State Alison Lundergan Grimes and Senator Morgan McGarvey worked hard to support this law, which adopts the Uniform ...
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Different generations view family heirlooms through their unique lenses. (For a general discussion of the generations over the last 75 years, see this Society for Human Resource Management blog post. Your author tested that link and all others in this post ...
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May is Mental Health Awareness Month. And, I suspect that few people know that the Kentucky Legislature has provided a form Advanced Directive for Mental Health Treatment in KRS 202A.430. The statute authorizing this form allows an adult to state ...
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The HBO series Game of Thrones ended last night, and like most fans of the show, the fortunes of Houses Stark, Targaryen, and Lannister kept me on the edge of my seat. As an estate planning attorney, I think who ...
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As I write this post, we are six days away from the Run for the Roses. The winning two-year-old will likely have a lifetime of future races and breeding services. But most animals don’t provide profit to their human companions; ...
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The general rule is that you should keep records to support your tax return as long as the tax year is open. My advice is to keep most income tax records for six years after you file the return. The ...
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The old adage that you get what you pay for came to mind recently. A widow posted a question on social media about how to recover her husband’s vehicle from impound when her name wasn’t on the title. Many people ...
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