Estate Planning Attorney in Louisville
We Help You Look Out for Those You Love
No one likes talking about death and wills, but as grim and sad as the circumstances can be surrounding these topics, they’re necessary to ensuring your loved ones know what to do when you’re not around. To put it simply: Estate planning is the best way you can still look out for your family after you’re gone or no longer able to do so yourself.
The Louisville estate planning attorneys at Walker Wallace PLC can help you prepare the following:
- Wills, which allow you to name an executor to carry out the distribution of your estate. This person ensures that beneficiaries receive the property you wish them to receive.
- Trusts, which can protect the assets you wish to transfer to someone, such as a minor child, but remain in the care of a third party.
- Powers of attorney, which allow you to give someone authority to manage your finances when you are incapacitated, such as by a coma or mental disease.
- Advanced medical directives, which are in effect as long as you’re still alive. These give your family members instructions on how to make medical decisions for you when you’re incapacitated – such as whether or not to keep you on life support.
- Guardianship, which establishes who will be the guardian for your children if you are no longer able to care for them due to death or incapacitation.
Having a lawyer help you with estate planning is the only way you can be sure you and your property are treated as you see fit when you’re deceased or unable. Contact the Louisville estate planning lawyers at Walker Wallace PLC and begin with a free consultation.
Estate planning is important because your property and assets will fall into probate, which is a process for settling your debts and dividing your remaining assets when you die. If you have a will in place, our Louisville estate planning lawyers can help notify your beneficiaries of your wishes and help them carry out the division of your assets and property as you saw fit.
If no will exists, however, a line of succession determined by Kentucky law begins, and it may not ensure that those you want to receive certain property or assets do so. We can help you if you’re a decedent facing this process, but drafting a will while you or your loved one is still alive is the best way to see that the things you care about are given to the people you care about.
Have questions about probate law or need help drafting or administering a will? Call us at (502) 937-1125 today for help!