Wills & Trusts
Gain Peace of Mind About Your Family's Financial Future
Putting solid estate planning tools in place is an important part of ensuring the financial future of your family. Establishing a will, writing a living will in Kentucky or assigning a power of attorney over healthcare can make a significant difference in how your family will have to deal with issues at the time of your death. Without putting simple estate-planning tools in place, you are turning over your estate to the state to decide what to do with your assets.
O'Bryan Law Offices will work with you to create an estate plan that works for you and your family and will continue to work during your lifetime and after. We will guide you throughout the entire process so that you can make the best legal decisions for your family. Your loved ones will have a trusted advisor that they can turn to after you're gone.
What's the Difference Between a Last Will, a Living Trust and a Living Will?
Last Will - Used to distribute property to beneficiaries, specify last wishes, and name guardians for minor children. It is an important part of any estate plan. Without one, the courts will make the critical decisions for you.
A Living Trust - Used to transfer property to beneficiaries. But unlike a last will, a living trust is not usually subject to probate court, which can take years and cost thousands in court fees.
A Living Will - Lets you outline important healthcare decisions in advance, such as whether or not to remain on artificial life support. A Living Will includes a complimentary Health Care Power of Attorney that allows you to appoint someone you trust to make critical health care decisions for you.
Below are links to resources that will explain the benefits of a will and many of the things you should consider when planning for the future.
- Introduction to Wills
- What Happens Without a Will?
- Definition of Probate
- Leaving Property to Heirs in a Will
- General Gifts in a Will
- Who is the Executor?
- Assigning Guardians in a Will
- Resolving Debts in a Will
- Distributing Homes and Family Residences in Wills
- Creating a Testamentary Trust in Your Will
- Amending a Will
- Revoking a Will
- Marriage and Wills
- Divorce and Wills
- Children and Wills
- Estate Taxes and Wills
- State Requirements for a Last Will