estate planning law firm

Shaw & Nelson, PLLC

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Should I have a Discretionary Trust in My Estate Plan?

A discretionary trust is a type of trust that can be established on behalf of one or more beneficiaries.
04/08/22 • by: Shaw & Nelson, PLLC
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Can I provide for my pet in my Will?

Pets are beloved members of families, and thus it is important they be included in estate planning. It is important to keep in mind, as pets are considered personal property, wills may not sufficiently provide for adequate care after an owner passes away. The purpose of a will is to distribute property, meaning it cannot […]
04/07/22 • by: Shaw & Nelson, PLLC
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What Is Best Way to Spend ABLE Account Money?

ABLE accounts are a way for people with disabilities to save and spend money, while protecting their access to public benefits.
04/07/22 • by: Shaw & Nelson, PLLC
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Common Estate Planning Mistakes

Your last will and testament is one of the most important legal documents that you will ever make. It allows you to direct where you want your property, guardianship and debts to go after you die, and allows you to appoint an executor to act out your wishes.
04/06/22 • by: Shaw & Nelson, PLLC
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How Does Gift Tax Exclusion Work?

In 2022, the annual exclusion for Federal Gift Taxes increased to $16,000 per person per year. Although there is near-universal acceptance of the importance of gifting, there are several issues you should consider before making any gifts.
04/05/22 • by: Shaw & Nelson, 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: Shaw & Nelson, 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: Shaw & Nelson, 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: Shaw & Nelson, 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: Shaw & Nelson, 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: Shaw & Nelson, 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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