At Landrum & Shouse LLP, we understand that planning ahead for the distribution of your estate and your family's well-being after your death is an overwhelming thought. However, it is one of the most important things you can do to ensure that you leave behind the legacy you choose.
With the assistance of attorney Mark L. Moseley and our estates and trusts team, creating a will and trust(s) is a smooth process. The firm has created wills and trusts for people with a high net worth as well as for those with modest assets. You can rely on our broad range of experience with all aspects of estate planning and asset protection.
A will is the foundation of an estate plan. Regardless of your net worth, it is important that you have a valid will that specifies your last wishes. If you die intestate (without a will), your property will be distributed according to Kentucky law, which may be vastly different from how you would choose to distribute the assets. In addition, your loved ones will not have legal instructions about your end-of-life care and burial.
Our attorneys will clearly explain the elements of a will and help you through each step. We can assist you with decisions such as naming an executor, choosing guardians for minor children, distributing your assets and drafting powers of attorney.
When we review your assets, we will suggest a strategy for protecting certain assets from the expense and time of probate. By putting assets into the appropriate trusts, you can pass them to beneficiaries outside of the probate process if that is your goal. There are numerous types of trusts with different uses and benefits. It is best to discuss your specific needs with one of our lawyers. Based on your assets and goals, we can explain the different trusts and recommend options such as:
- Revocable living trusts
- Irrevocable living trusts
- Life insurance trusts
- Special needs trusts
- AB trusts
- Charitable trusts
- IRA trusts
These are only a few of the trusts available. Please speak with us to discuss your specific trust needs.
We Will Help You Protect Your Assets
To schedule an appointment, please call us in Lexington at (859) 554-4038 or in Louisville at (502) 589-7616. You may also complete our intake form.