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Trusts
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…
Read MoreEstate Planning
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…
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