When you think about a will in an estate planning context, the document that will probably come to your mind is the last will. This is the most commonly used estate planning tool, and of course its purpose is to direct the distribution of your assets to your heirs after you pass away. The last will is not the only will that is utilized by northern Kentucky estate planning lawyers. An advance health care directive called a living will is also recommended. These documents have nothing to do with … [Read more...] about A Different Kind Of Will
Ethical Wills and Love Letters
Ethical wills and love letters aren’t legal estate planning documents, but they can be just as important. They are really two words for the same thing: letting your loved ones know how you feel about them. One individual, a 44 year old physical therapist, still has scraps of paper that he found after his father’s death 23 years ago. On these small scraps of paper, in his father’s handwriting, were words of praise and a description of how important his son was to him. These scraps of paper … [Read more...] about Ethical Wills and Love Letters