Estate administration is the process of managing and distributing a deceased person's assets. In Kentucky, several factors affect how long it takes. While some may hope for a swift resolution, it may not be realistic to expect the process to finish within a month....
A History Of Growing Trust In Kentucky
Probate & Estate Administration
3 qualities to look for in an estate executor
Selecting the right executor for your estate is an important decision that requires careful consideration. An executor manages and distributes your assets according to your wishes after you pass away. Understanding what to consider when choosing an executor helps...
What does an estate executor do?
When drafting your estate plan, understanding the role of the executor who you’ll need you appoint is crucial. This individual will shoulder the responsibility of managing your estate after your passing. Due to all that is at stake, you should think about the...
Why could probate potentially take a long time?
When a loved one dies, the complexities of handling their estate can be overwhelming. One significant aspect that often prolongs the resolution is the probate process. Understanding why probate can take a considerable amount of time is important for those involved....
How long do creditors have to make a claim during probate?
The estate administration process creates numerous obligations for the executor or personal representative of the estate. Their responsibilities will include providing notice to creditors so that they can make a claim as required by Kentucky state law and then paying...
How does Kentucky’s probate process work?
Probate is the court-supervised method of validating a person’s will when they die, settling their estate and distributing assets according to their wishes. Kentucky’s process involves three basic steps: Filing a petition with the court: A copy of the death...