Estate Planning and Probate Services at Monohan & Monohan

Planning for the future can be overwhelming, especially when it involves end-of-life decisions and ensuring your loved ones are taken care of.

Couple reading and discussing important paperwork

At Monohan & Monohan, we understand the importance of providing peace of mind and financial security for your family. Our experienced team is here to guide you through the complexities of estate planning and probate, offering compassionate support and expert legal advice. We serve clients in both Kentucky and Ohio for estate planning and exclusively in Kentucky for probate matters.

How Monohan & Monohan Can Assist You

We offer a comprehensive range of estate planning and probate services, including:

Estate Planning Services:

  • Wills: Drafting clear and legally sound wills to ensure your wishes are honored and your assets are distributed according to your desires.
  • Trusts: Creating various types of trusts to manage and protect your assets, reduce taxes, and avoid probate.
  • Healthcare Directives: Establishing living wills and healthcare powers of attorney to ensure your medical preferences are respected if you become incapacitated.
  • Powers of Attorney: Designating trusted individuals to manage your financial and legal affairs if you are unable to do so.
  • Estate Tax Planning: Developing strategies to minimize estate taxes and preserve more of your wealth for your heirs.
  • Guardianship Designations: Appointing guardians for minor children to ensure their care and wellbeing if something happens to you.

Probate Services (Kentucky Only):

  • Probate Administration: Guiding executors and administrators through the probate process, ensuring legal requirements are met, and the estate is settled efficiently.
  • Will Contests: Representing clients in disputes over the validity of a will, helping to resolve conflicts and ensure a fair outcome.
  • Asset Distribution: Assisting in the proper distribution of assets according to the will or state law if no will exists.
  • Debt Settlement: Managing and resolving outstanding debts and obligations of the estate to protect the interests of beneficiaries.

You’re Not Alone – We’re Here to Help

Planning for the future and dealing with the probate process can be daunting and filled with uncertainty. At Monohan & Monohan, we understand these concerns and are here to provide the guidance and reassurance you need. Proper estate planning can provide peace of mind, knowing that your wishes will be honored and your family will be financially secure. We are dedicated to helping you navigate these important decisions with confidence and compassion.

Frequently Asked Questions

A will is a legal document that outlines how your assets will be distributed after your death. A trust is a fiduciary arrangement that allows a third party to manage assets on behalf of beneficiaries. Trusts can provide benefits such as avoiding probate and reducing estate taxes.

While it’s possible to create a will without a lawyer, having a legal professional ensures that your will is valid, comprehensive, and aligns with state laws, reducing the potential for disputes.

Dying without a will (intestate) means your assets will be distributed according to state laws, which may not align with your wishes. Creating a will ensures your assets are distributed according to your preferences.

Creating a living trust, designating beneficiaries on accounts, and jointly owning property are common methods to avoid probate. We can help you explore these options and choose the best strategy for your situation.

An executor should be someone you trust to manage your estate responsibly, handle legal and financial matters efficiently, and communicate effectively with beneficiaries. We can provide guidance on selecting the right person for this important role.

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Take the First Step – Contact Us Today

Don’t navigate estate planning and probate issues alone. Reach out to Monohan & Monohan for a free consultation and let us provide the legal support you need. Our dedicated team is ready to listen to your concerns, answer your questions, and help you create a plan that provides peace of mind and financial security for your family. Call us today to schedule your appointment and take the first step towards protecting your legacy.