La Grange, KY Estate Planning Lawyers
Estate planning is not only the purview of the wealthy. Even for people of more modest means, it is just as vital. Trusts and wills are also not merely meant for the elderly as the unexpected can happen at any age. Estate planning enables you to make provisions for health emergencies during your lifetime. Powers of attorneys, living wills, and conservatorships can impact the entire family’s quality of life.
Any person over the age of 18 can express their desires through:
- Testamentary documents like simple and complex wills
- Special needs trusts, revocable trusts, irrevocable trusts, and other such documents
Meticulous estate planning can help one generation take care of the next. You will be able to leave behind a cherished legacy with the right measures in place. Even beyond your lifetime, you can show your family you care.
The La Grange estate planning lawyers at John H. Ruby & Associates are adept in all facets of Kentucky estate planning and elder law. Our close association with clients allows us to understand their unique situation, goals, and needs. We help clients set a financial and legal course that allows them and their families to be in the driver’s seat of their futures. Our competent legal team will offer you solid advice to enable you to make the right choices for your sound legal and financial future.
What if you don’t have an Estate Plan in La Grange?
If you neglected estate planning, your assets could be divided according to Kentucky probate laws. The state’s plan may not be aligned with your desires. By their very nature, probate and administration are impersonal legal processes. It is likely that settling your estate in the absence of a will or trust will be expensive and time intensive.
An estate plan allows you a strong chance to express your wishes. A will can be enforced, and a trust allows for a seamless transition of assets. Our qualified La Grange estate planning attorneys will meet with you and help develop an individualized plan, depending on your specific needs, assets, and family structure.
Wills and Estate Planning for Residents of La Grange
A well-crafted estate plan is essential if you want to ensure that your estate is distributed according to your wishes. It is sometimes hard to plan for a future where you are no longer around, but the alternative of having family disputes about it or allowing the government to dictate rules is worse. A good estate plan is not meant merely for seniors or the wealthy. Every family can benefit from estate planning, whether it is basic estate planning or life-care planning.
Estate planning is a complex field and not something you want to undertake on your own through relying on web-based research. It is best to consult a qualified attorney. The legalities differ significantly between states. In case you are new to Kentucky, you should speak to an experienced Kentucky attorney to ensure that your needs are met.
At the law offices of John H. Ruby & Associates, our attorneys are skilled at handling all aspects of estate planning, such as:
- Advance directives, sometimes known as living wills
- Trusts, including special needs trusts
- Guardianship for children, including children with disabilities
- Assisted living arrangements or nursing home care
- Social Security Disability (SSD)
- Real estate issues, including life estates
- Powers of attorney
- Supplemental Security Income (SSI)
Estate Administration and Probate in La Grange, KY
Further, we represent estates and offer guidance for out-of-state beneficiaries, guardians, estate executors, administrators, and trustees. Additionally, we can act as a trustee or executor for your estate. Our range of legal services in La Grange, KY, for estates includes the following:
- Court representation for trustees, executors, creditors, or beneficiaries
- Probate, simple to complex
- Estate litigation, including contested estates and trusts
- Estate administration and settlement
- Estate tax issues
- Estate tax returns and audits
- Estate sales of real estate
- Kinship proceedings (establishing heirs)
- Intestacy (dying without a will)
- Spousal inheritance disputes
- Trust administration
- Wrongful death proceedings
- Contesting a will
We offer no-obligation consultations. Contact us today if you have a question regarding your rights or think you may require a KY estate planning attorney. We are there to help.
Your Assets can Help Determine the Best Plan
If you are a person with a substantial amount of assets, such as real estate, stocks and bonds, and other savings, our lawyers will assist you in formulating a plan that fully protects these valuable assets.
In addition to setting up an estate after a loved one passes away, the responsibility of drafting a will is also vital. A will is not required, but it can alleviate multiple problems among family members after a loved one passes away. At the law offices of John H. Ruby & Associates, our estate planning team offers you comprehensive information on the drafting and execution of a will.
We offer guidance on various kinds of trust accounts that may be created to protect assets and control how and when they are divided. Similarly, if you are a business owner and wish the value and integrity of the enterprise to continue after you are gone, our skilled attorneys can assist you with business succession planning.
Irrespective of whether your estate plan involves complicated decisions stemming from a diverse set of assets or whether your estate plan involves basic and readily identifiable assets, it is important to work with a law firm that designates estate planning as a practice area. Doing so can ensure the validity of any estate planning documents that you wish to execute.
After you have consulted one of our lawyers to understand what estate plan is most suitable for you, the next step is making sure that your estate is correctly administered. A person administers the estate of a loved one after the loved one is no more. According to KY laws, the deceased’s personal representative becomes the executor of the estate. This depends on who was named as a potential personal representative in a will.
Customized Legal Guidance for All Your Estate Planning Needs
At the law offices of John H. Ruby & Associates, our qualified estate planning lawyers can help clients develop unique, personalized plans that will help preserve what is most precious to them in the future. We offer skilled guidance at every step to make sure that your plan is in compliance with Kentucky laws and will be enforceable under the tenets of the law. Do not let an unanticipated event cause chaos and acrimony within your family.
To be stress-free later on in life, handle important matters, such as estate planning, today. Our lawyers have years of experience in assisting people create plans that are in accordance with the desires and intent of the planner. For a detailed consultation on your unique needs, call today at (502) 895-2626.