Individuals with a serious intellectual and/or physical disability typically receive federal benefits, including Medicaid and SSI, which have strict asset and income limits. To protect their assets and maintain a high quality of life, specific parties can petition the...
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Year: 2022
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Estate planning strategies that will help your heirs avoid probate
Probate is the legal process of settling a deceased person's estate, involving paying outstanding debts and distributing assets. All estates in Kentucky worth over $15,000 must go through probate. However, if your estate exceeds the state's threshold amount, these...
What are the benefits of an automatic stay?
When you file for bankruptcy, you get an automatic stay. This federal court order prohibits your creditors from contacting you to collect the debt. If you struggle with unpaid bills and have considered bankruptcy, learn more about the potential benefits of an...