Estate planning can be a very difficult process. While it is not brain surgery, making the decision to move forward with an estate plan requires us to make sometimes difficult choices about the future and to face the fact that we will not live forever. This thought stops many people in their tracks. … [Read more...] about Myths We Believe About Estate Planning
The attorneys at Skeeters, Bennett, Wilson & Humphrey have, for years, helped clients recover money for damages suffered after personal injury or car wrecks. In those cases, we often have to estimate the cost of future medical and support expenses for our clients, many of whom are left with life … [Read more...] about If You Are Seriously Injured In An Accident, How Do You Plan For The Future?
No one likes to think about the possibility of their own disability or the disability of a loved one. However, as we'll see below, the statistics are clear that we should all plan for at least a temporary disability. Disability planning is one area where we can give each and every person and family … [Read more...] about Planning for Disability – The Good, The Bad and The Necessary
What is a Revocable Living Trust? A Revocable Living Trust is a written agreement which creates a trust and contains provisions for the management and distribution of your property. The agreement gives you the power to … [Read more...] about ESTATE PLANNING WITH A REVOCABLE LIVING TRUST
Undue Influence is when someone pressures another in such a way that the person being influenced is not acting by their own free will; they are being coerced into taking a certain action. Undue influence often arises when a friend or family member falls ill. For example, mom has been … [Read more...] about What is Undue Influence?
We have all heard the horror stories of someone badly injured in a car wreck by a person with minimal insurance or none at all. As the victim’s medical bills mount, the negligent party’s state minimum insurance policy is quickly exhausted leaving the victim on the hook for the balance. To avoid this … [Read more...] about UNINSURED AND UNDERINSURED MOTORISTS
By: Dustin Humphrey How do you prepare for the future? Do you need a will or a trust? There are so many options these days it can often become overwhelming. Our team at Skeeters, Bennett, Wilson and Humphrey wants to provide you with a basic breakdown between these two common … [Read more...] about WILLS VS. TRUSTS: WHAT IS THE DIFFERENCE?
Kentucky drivers are required by law to carry car insurance, and to meet the state requirements, drivers must have at least bodily injury liability insurance and property damage insurance. Kentucky law requires these coverage types at the following minimums: $25,000 for bodily injury, per … [Read more...] about KENTUCKY NO-FAULT LAW (AND WHAT IT MEANS IF YOU HAVE BEEN INJURED)
Entering into a contract with a minor can be a tricky proposition. According to our state legislators and relevant statutes, for a person to be considered an adult in the state of Kentucky, they must be 18 years of age. Therefore, under these statutes, persons 18 years or older are competent to … [Read more...] about ENTERING INTO BINDING CONTRACTS WITH MINORS