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Law Office of A. Lee Shaw, PLLC

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How Do I Talk to My Parents About Estate Planning?

If you have a parent over the age of, say, 65, thoughts about their future may have started to creep into your mind. But because end-of-life planning can be emotional and overwhelming, it’s tempting to put these conversations off — and even more pleasing to avoid them altogether. If there’s a lesson to be learned from the pandemic, however, it’s that waiting until the last minute to prepare is seldom a good idea.
04/03/22 • by: Law Office of A. Lee Shaw, PLLC
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Is It Important for Physicians to Have an Estate Plan?

Given their salaries and the chances of getting sued, physicians should strongly consider estate planning early in their careers.
04/02/22 • by: Law Office of A. Lee Shaw, PLLC
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How Do I Protect Myself and My Children in a Second Marriage?

Who’s going to inherit on the death of one of the re-marrieds? Will this be the surviving spouse? If so, where will those inherited monies go on the second-to-die’s death?
04/01/22 • by: Law Office of A. Lee Shaw, PLLC
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Can Grandchildren Receive Inheritances?

Children and grandchildren motivate us to think about a will and life insurance. However, it is problematic to name minor children as beneficiaries.
04/01/22 • by: Law Office of A. Lee Shaw, PLLC
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Why Not Have a Will?

Out of sight, out of mind isn't just an everyday adage—it's one of the reasons why people 50 and over fail to write a will, update a previous one, or make other estate planning decisions.
04/01/22 • by: Law Office of A. Lee Shaw, PLLC
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What Is a Trust and How Does It Work?

Trusts are often associated with the rich. However, the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.
04/01/22 • by: Law Office of A. Lee Shaw, PLLC
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Can I Add Children’s Names to my House Deed?

It’s true that if your child is on your deed as a joint tenant on your home, your home will not have to go through probate if your child survives you. At your death, your surviving child would immediately become the sole owner of your home without probate and with minimal transfer costs.
04/01/22 • by: Law Office of A. Lee Shaw, PLLC
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Can I Split My Inheritance with My Sibling?

In order to give your brother half of the assets in the IRA, you will have to liquidate a portion of the account and pay the taxes on the liquidated amount if it’s a traditional IRA.
04/01/22 • by: Law Office of A. Lee Shaw, PLLC
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What Can I Do Instead of a Stretch IRA?

Leaving behind a huge tax bill for your heirs with the stretch IRA scuttled? Here are some ways around it as lawmakers consider an updated SECURE Act.
03/31/22 • by: Law Office of A. Lee Shaw, PLLC
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Cryptocurrency and Estate Planning: What Executors Need to Know

My dad is investing in cryptocurrency! I know nothing about it and, frankly, I am not interested in learning. I think it is a passing fad. When he dies and I am responsible for the distribution of his estate to my siblings, do I need to address the crypto?
03/31/22 • by: Law Office of A. Lee Shaw, PLLC
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estate planning law firm
Louisville Office

9700 Park Plaza Ave., Suite 108,
Louisville, Kentucky 40241

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Cincinnati Office (By Appointment Only)

250 East 5th Street, 15th Floor,
Cincinnati, Ohio 45202

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