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
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)
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 estate-planning … [Read more...] about Wills vs. Trusts: What is the Difference?
By: Terry Bennett When most people consider estate planning, they usually think about what will happen after their death. Unfortunately, many underestimate the need to prepare for their risk of disability. While a will does not take effect until death, a General Durable Power of Attorney protects … [Read more...] about Preparing for the Risk of Disability
By: Terry Bennett Many people get confused when it comes to the differences between a will and trust (find the answer here). Before deciding if a trust is for you, we suggest asking yourself these three basic questions: 1. Do you have minor children? If the answer is yes, then a trust may be … [Read more...] about Do You Need a Trust?
By: Terry Bennett Would you consider buying a home that was thought to be haunted? What about a home where a murder occurred? Properties like these are called stigmatized properties. A stigmatized property could be a house thought to be haunted, a house where a murder, suicide or violent crime … [Read more...] about Selling a Haunted House