An Estate Plan Is Crucial For Your Future
Many people don’t like thinking about life after death. Understandably, it can be difficult to make choices about things that are most important to you. Pardue Law Group is here to help you through that process. We have worked with clients throughout Kentucky.
Understanding The Benefits Of Wills And Trusts
Without an estate plan in place, the court will have the final say on what happens to your possessions. This means that things may not go where you want them to. The easiest way to prevent this is to create a will. A will allows you to list out your wishes and express your deepest sentiments. It’s also important to know that this can be updated should your wants change as you get older. This document can range from a single piece of paper to numerous pages. It is unique to you and what you want. We also work with people who have existing wills that need to be updated after getting divorced, married, buying real estate or other major life event.
Another way to protect your assets is to create a trust. There are many different types of trusts, each with a different purpose. There are many benefits, including certain tax breaks. The overall goal is to ensure a smooth transition of your affairs. Similar to a will, a trust can be updated at any time. We can analyze your situation and determine if this is in your best interest. Most importantly, our goal is to make sure that your property is protected and distributed.
What Is Probate?
Probate is the process that occurs after someone passes away. The executor of the estate will gather all assets, pay off remaining debts and distribute property. It is known for being complicated. With our help, we can make sure things are handled the right way. This will speed things up so you are not left sitting in courtrooms all day. Trust an attorney who has the experience needed to get things done correctly.
Don’t Wait Any Longer. Call Today.
While it can be difficult to think about, it’s better to get an estate plan in place sooner rather than later. It’s best to be prepared for any circumstance should the day arrive. To learn more about how we can help, call our Louisville office today at 502-812-1111. You can also email us.