3 legal questions have been posted about trusts and estates by real users in Kentucky. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include powers of attorney, charitable giving, and asset protection. All topics and other states can be accessed in the dropdowns below.
Kentucky Trusts Questions & Legal Answers
Do you have any Kentucky Trusts questions and need some legal advice or guidance? Ask a Lawyer to get an answer or read through our 3 previously answered Kentucky Trusts questions.
You need to consult with a local KY lawyer. It all depends what conditions, grandmother's will or trust, or the court put on the release of the money. Usualy there is a condition to be met like you need to be 18 or you need to be 21 and graduated from a college, etc.
You need to consult with a local KY lawyer. It all depends what conditions, grandmother's will or trust, or the court put on the release of the... Read More
Answered 14 years and a month ago by Gale Graham Allison (Unclaimed Profile) |
1 Answer
| Legal Topics: Trusts
If you don't leave your spouse what your state law says he or she is entitled to inherit, the spouse can - by law - go to court and ask for it. But just because someone has a statutory right to do it, doesn't mean he would do it, is capable of it, or even wants to. A man with late stage dementia would have to have someone with the authority to do it on his behalf through power of attorney or guardianship, and the process is often called "electing against the Will."
Generally, there will be a time limit within which the spouse must make further claims. Be sure to ask your lawyer if and when that time would be passed. If you are concerned about this, perhaps you should contact another Kentucky attorney with a strong practice in probate law for a further consultation.
To your success,Gale Allison, Principal AttorneyThe Allison Firm, PLLChttp://www.theallisonfirm.com
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If you don't leave your spouse what your state law says he or she is entitled to inherit, the spouse can - by law - go to court and ask for it. But... Read More