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Commonly Asked Questions about Kentucky Estate Planning Forms

Common estate planning documents are wills, trusts, powers of attorney, and living wills. Everyone can benefit from having a will, no matter how small their estate or simple their wishes. Online estate planning services offer basic packages for less than $200. Estate Planning Guide and Checklist for 2024 - National Council on Aging ncoa.org adviser estate-planning-guide-c ncoa.org adviser estate-planning-guide-c
You can make your own will in Kentucky. You do not have to use an attorney to draft your will. If you know who you want to handle your estate, what assets you have, and who you wish to receive those assets, you are ready to make a will.
Key Takeaways Common estate planning documents are wills, trusts, powers of attorney, and living wills.
No will is valid unless it is in writing with the name of the testator subscribed thereto by himself, or by some other person in his presence and by his direction.
The average cost of drafting a will in Kentucky with the help of an attorney ranges from $300 to $1,000. For setting up a trust, the cost usually falls between $1,000 and $3,000.
No, in Kentucky, you do not need to docHub your will to make it legal. However, Kentucky allows you to make your will self-proving and youll need to go to a notary if you want to do that. A self-proving will speeds up probate because the court can accept the will without contacting the witnesses who signed it.
In Kentucky you can write a will in your own handwriting. This type of will is known as a holographic will. If you make this kind of will, the entire will needs to be handwritten by you. It must be signed and dated by you as well.
Kentucky probate law allows some probate estates valued at no more than $30,000 (and sometimes a little more depending on the facts) and having no real estate to be administered through a simplified process called Dispense with Administration.
(1) Every will or authenticated copy admitted to record by any court shall be recorded by the county clerk, and remain in his office, except during such time as it may be carried to another court under subpoena duces tecum.