Easy Questions  
Free Legal Documents

Essential Legal Documents for Estate Planning in Aberdeen, KY

Essential Legal Documents for Estate Planning in Aberdeen, KY


Estate planning is an important and everlasting gift you can give your family. And setting up a smooth inheritance isn't as hard as you might think.
 
- Suze Orman


Estate planning can be a form of protection for you and your family and your assets. But this can also be a source of discord among family members. In order to reduce family strife, proper estate planning can make sure your desires regarding the family estate are legal and clear to avoid confusion and conflicts among the ones you leave behind.

The Most Important Estate Planning Documents

• Last will and testament.

This is a common estate planning method to transfer properties to beneficiary after a person dies. Though it is inexpensive, a will undergoes a time and money consuming probate when the grantor dies. People with modest assets can be serve best by a living trust, but living trust can also need a will for additional coverage.

• Living trust.

Confidentiality, less cost, flexibility and faster distribution are just some of the feature of a living trust. Large assets and properties placed in the trust can provide some estate tax benefits. One of the downsides of a trust is that it is quite expensive to create and maintain. Trusts need to be properly funded. All real estate property and other investments should be transferred to the trust. Conflicts in distributions can be avoided later if you properly document your trust, thus allowing the trustee to dispense the property as indicated in the living trust document. Family conflicts and disputes can be avoided after you are gone.


• Advanced Health Care Directive.

This document contains your healthcare preferences and is activated the moment you are no longer able to communicate your wishes. It will guide your family, doctors and other healthcare personnel as to the treatments you want or do not want. I also name the person who is authorized to make healthcare decisions on your behalf.

• Power of Attorney for Asset Management.

This document indicates the persons whom you trusted to handle your financial affairs. This can also indicate the areas of help that they can extend to you. This will help prevent conservatorship when you become incapacitated so completing this form is a must. Your agent can immediate act on your behalf as long as he has a durable power of attorney.

• HIPAA Release Form.

The federal government, having done several years ago, passed a law that protect our health care information has made it difficult for family members to deal with health insurance when we are incapacitated. But completing the HIPAA release form in advance can make the accessing of your healthcare information easier for those you named in your health care directive or power of attorney. They will be the one to have to deal with the insurance matters on your behalf when you are no longer able to do so yourself.

Consulting a lawyer who specializes in estate planning can help you choose the correct estate planning for your condition. This can ensure that the proper planning documents is utilize that can save your family from confusion and conflicts when you are gone.

 
Personalize & Print a Free KY Last Will Download this Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Personalize & Print a Free KY Living Trust Download this Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
Page 13
Page 14
Page 15
Page 16
Related Legal Services near Aberdeen, KY
Lofton Rodger W
928 Broadway St
Paducah, KY 42001
(270) 444-9999
Attorneys,  Social Security & Disability Law Attorneys,  Personal Injury Law Attorneys,  Employment
Hollon, Thomas K
186 Main St
Campton, KY 41301
(606) 464-9966
Attorneys
PSCPS Inc
108 W Dixie Ave # 200
Elizabethtown, KY 42701
(270) 360-9955
Attorneys
Monge Gregory L
2103 Weymouth Dr
Ashland, KY 41101
(606) 324-9932
Attorneys, General Practice Attorneys, Legal Service Plans
Neal, Thomas E PLLC
920 Frederica St
Owensboro, KY 42301
(270) 926-9911
Attorneys, Wills, Trusts & Estate Planning Attorneys, Family Law Attorneys
J Boone Reed Law Office P
227 N 6th St
Paducah, KY 42001
(270) 415-9900
Personal Injury Law Attorneys, Attorneys, Criminal Law Attorneys
Reed, Boone ATTY
227 N 6th St
Paducah, KY 42001
(270) 415-9900
Accident & Property Damage Attorneys, Attorneys, Criminal Law Attorneys
Edward Faye
340 E Main Ave
Bowling Green, KY 42101
(270) 842-9900
Immigration & Naturalization Consultants, Title Companies, Attorneys, Immigration Law Attorneys, Rea
Huddleston, Lee
1032 College St
Bowling Green, KY 42101
(270) 781-9870
General Practice Attorneys, Attorneys, Legal Service Plans
Nall Frank
225 2nd St
Pikeville, KY 41501
(606) 433-9860
Real Estate Attorneys, Attorneys, Legal Service Plans
Warnock Frank H
350 Sunset Dr
Ashland, KY 41101
(606) 326-9781
General Practice Attorneys, Attorneys
Hixson, Casey A Hixson Law Office
511 E 10th Ave
Bowling Green, KY 42101
(270) 780-9655
Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Personal Injury Law Attorneys
Smith
333 Broadway St # 924
Paducah, KY 42001
(270) 442-9630
Accountants-Certified Public,  Attorneys,  Legal Service Plans,  Tax Return Preparation
Copley Rhonda
1527 Carter Ave
Ashland, KY 41101
(606) 324-9607
Appellate Practice Attorneys,  Estate Planning Attorneys,  Administrative & Governmental Law Attorne
Copley, Rhonda - Copley Law Office
1527 Carter Ave
Ashland, KY 41101
(606) 324-9607
Not available
Clay Patrck
415 W Main St
Frankfort, KY 40601
(502) 352-9600
General Practice Attorneys, Attorneys, Legal Service Plans
Washburn, Burton A III
139 Memorial Dr
Paducah, KY 42001
(270) 442-9600
Attorneys, Legal Service Plans
Sullenger Wes
2320 Broadway St # 402
Paducah, KY 42001
(270) 443-9401
Attorneys, Civil Litigation & Trial Law Attorneys, General Practice Attorneys
Terrell Burke B
165 Deer Path Ln
Paducah, KY 42001
(270) 443-9401
Attorneys
Terrell Law Firm
1324 Jefferson St
Paducah, KY 42001
(270) 443-9401
Attorneys, General Practice Attorneys
Terrell, Burke B
2320 Broadway St Suite 407
Paducah, KY 42001
(270) 443-9401
Attorneys, Family Law Attorneys
Holmes Elaina L
1544 Winchester Ave # 912
Ashland, KY 41101
(606) 547-9292
Attorneys, Social Security & Disability Law Attorneys, Accident & Property Damage Attorneys, Legal S
Holmes Elaina L.
1544 Winchester Ave
Ashland, KY 41101
(606) 547-9292
Attorneys,  Family Law Attorneys,  Workers Compensation Assistance,  Personal Injury Law Attorneys,
Singleton Bruce W
106 W Columbia St
Somerset, KY 42501
(606) 679-9261
Attorneys,  Accident & Property Damage Attorneys,  General Practice Attorneys,  Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US