Certain assets, such as those held in Trust, life insurance proceeds, and retirement accounts may be distributed directly to beneficiaries. As your lawyer, I can advise you on which assets need to go through Probate, and which do not.
Yes. Kentucky law makes it clear a fee is to be paid for the Personal Representative’s services.
Kentucky law requires that an estate be open for six (6) months. Many estates can be finalized and closed right after the six-month date. Of course, the amount of time that an estate stays open can vary depending on numerous factors. Most simply stated, if there are no problems, or problems are avoided, the estate can settle sooner. If there are problems, it is important that they be dealt with in a timely manner so that the estate can be settled sooner rather than later.
Many of my Probate proceedings take from six to nine months, and most do not extend beyond a year and a half.
Kentucky law requires that an estate be open for six (6) months. Many estates can be finalized and closed right after the six-month date. Of course, the amount of time that an estate stays open can vary depending on numerous factors. Most simply stated, if there are no problems, or problems are avoided, the estate can settle sooner. If there are problems, it is important that they be dealt with in a timely manner so that the estate can be settled sooner rather than later.
Many of my Probate proceedings take from six to nine months, and most do not extend beyond a year and a half.
Call 502-589-0077 to schedule a meeting or telephone consultation with my law office in Louisville, Kentucky.
FOR MORE INFORMATION ABOUT PROBATE
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“I take pride in having Keith Porter as my Assistant. You will not find a more conscientious, polite, and effective person. In fact, since I hired Keith Porter, our office has received only five (5) star reviews from clients.”
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