The estate, probate and will contest attorneys of Landrum & Shouse LLP handle a wide variety of estate-related matters, including the preparation of wills and trusts, disputes over inheritances, and creditors' claims against estates. We know that, with the right planning, estate assets can be preserved and protected; loved ones can be provided for; and confusion and litigation can be prevented.
There are many different kinds of trusts that can be used to control and protect assets in Kentucky. Here let's discuss the two basic kinds of trusts: revocable and irrevocable.
If you have been named as the executor of an estate, then you are entitled to retain a lawyer to help you through what can be overwhelming process. Administering the estate may not be an exceedingly difficult job in some cases, but when an executor is faced with complicated tax and property issues or a family dispute, then an estate administration attorney can help to protect estate assets and protect the executor from liability.
If you feel nervous or overwhelmed about having been named executor or personal representative of an estate, then you are not alone. Estate administration is a more or less complicated process that overwhelms many people, especially in the grievous time after the death of a loved one. Many factors determine the degree of complexity in estate administration, so let's go over some of the basic steps.