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Estate Administration Archives

Full disclosure and communication: Key to estate planning

Administration of one's estate is often more complicated than just drawing up a will. Many people think they are aware of how much they have in property and assets, and they can just have a will drawn up designating who they want to have what. While that is the general principal of a will, it is usually not that simple.

Make sure your will isn't contradicted by your accounts with beneficiaries

Most people who are planning their estates know that a will is the foundational document in the plan. When you create a will, you clarify your wishes regarding the distribution of assets, and an estate planning attorney can help you draft a will with enforceable language that leaves nothing to chance.

Some things Kentucky executors should know about estate administration

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.

The basics of meeting your estate administration goals

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.

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