Posts by jfen

A trust by definition is a relationship whereby property is held by one party for the benefit of another.  The terms to be aware of are settlor/grantor (person or persons who create a trust) and trustees (person or persons who holds the property for the trust’s beneficiaries).  A trust can be created while a person…

There are four main items that most estate planning clients need in Kentucky, and they are: will, healthcare directive, living will, and advance directive, and durable power of attorney.  1.  Will.  A will is a document which addresses payment of debts of the estate along with disbursement of the remaining real and personal property of…