Being an executor can be a challenging task. While you can claim some compensation for it, you are not really going to be rewarded financially, so it is something you should be doing because you want to. Not because you feel obligated to. Here are some things that successful executors do to make sure that they properly fulfil their obligations:… The post 3 things a good executor will do first appeared on Pearson & Paris, P.C ..read more

During the probate process, beneficiaries and direct descendants may want to challenge the will. They need to have the proper legal standing to do so. Typically, this means they have something to lose or gain. Examples include direct family members like adult children or grandchildren, along with beneficiaries who were included in previous copies of the will or even creditors… The post What is a no-contest clause? first appeared on Pearson & Paris, P.C ..read more

A will is a legal document that outlines the testator’s final wishes. It must only outline their final wishes and not the wishes of anyone else. When the validity of a will is questionable, it can be contested. Here are some of the most common grounds for contesting a will in Kentucky.  Improper execution  Several steps must be followed for… The post The most common grounds for contesting a will  first appeared on Pearson & Paris, P.C ..read more

Boundary disputes are one of those things that can quickly turn a friendly neighborhood into something else. Whether it’s a disagreement over a fence encroaching on your property or a longstanding issue about where property lines lie, these conflicts are far too common. If you’re embroiled in a boundary dispute with your neighbor, the first thought may be to take… The post Do you have to go to court for a boundary dispute? first appeared on Pearson & Paris, P.C ..read more

When spouses divorce, they generally need to modify their estate plans if they have executed such documentation. For example, if someone has given their spouse power of attorney (POA) over their health care, as is common, they will likely want to choose someone else in the wake of a decision to divorce. Changes like this can be made before a… The post What if your ex-spouse dies before modifying their estate plan? first appeared on Pearson & Paris, P.C ..read more

You may have heard the term intestate and wondered what it meant. Dying intestate can significantly change how the probate process unfolds and how inheritance issues are handled. Essentially, dying intestate means passing away without a will or other estate planning documentation. Someone with an estate plan leaves clear instructions, but someone who dies intestate does not. How is asset… The post What does intestate mean? first appeared on Pearson & Paris, P.C ..read more

Non-disclosure agreements (NDAs) are legal contracts used to protect sensitive information from unintended third parties. They are commonly used in business transactions, employment contracts and other scenarios where confidentiality is important.  A party bound by an NDA may fail to comply with its terms by disclosing confidential information without permission or using the information inappropriately. In such cases, can you… The post Can you file a lawsuit for breach of an NDA? first appeared on Pearson & Paris, P.C ..read more

Financial debts can be a significant burden during a person’s life, affecting their peace of mind and financial stability. Whether it’s credit card debt, medical bills or loans, these obligations can cause stress and limit one’s ability to enjoy financial freedom. When a person dies, this financial burden doesn’t simply vanish. Instead, the responsibility for repaying debts is transferred to… The post Can creditors make claims to an estate? first appeared on Pearson & Paris, P.C ..read more

Not only are probate disputes emotionally draining, but they can be expensive for families. Understanding the most common causes of probate disputes can help to avoid disagreements and more effectively plan estates.  Here are some important factors to keep in mind: The drafting of the will is crucial  A poorly drafted will is one of the most common causes of… The post Why some families face probate disputes  first appeared on Pearson & Paris, P.C ..read more

Families are typically grateful when loved ones have the foresight to establish an estate plan. Wills make it clear how an individual wants their personal representative to distribute their property after their passing. The instructions provided in a will can prevent families from fighting over estate resources. Not only can a will potentially preserve family relationships, but it can also… The post Did an outside party influence a loved one’s will? first appeared on Pearson & Paris, P.C ..read more