Estate Administration in Frankfort, Kentucky

Find the right Estate Administration attorney in Frankfort, KY

"Estate administration" refers to the procedure which must be followed when the estate of a person who has recently died is being distributed, either according to his or her wishes as laid out in a will, or the laws regulating the distribution of the assets of a person who dies without a will.

If the decedent had the foresight to draft and execute a will in Frankfort, Kentucky, the estate is typically administered in a way that follows the instructions the will lays out, as closely as possible.

Wills typically name an executor. The executor's role revolves around guaranteeing that the instructions in the will are implemented.

The executor is usually the person who stands to inherit the most money or property from the will, since this individualn will have the greatest incentive to see the probate and administration process to completion.

What if The Will Does Not Name an Executor?

If the will in Frankfort, Kentucky does not name an executor, or the decedent left no will to be found, the court has to assign a person to serve as the administrator of the estate.

This is most often the person who stands to gain the most from the will, or who would inherit the most under Kentucky's intestacy laws. Intestacy is the system that every state has in order to deal with the property of people who die without a will. It usually distributes the property to the closest living relatives of the decedent, assuming they can be located.

When a will is silent as to who should be the executor, any individual who has some direct interest in the result can ask to be named executor by the Frankfort, Kentucky court.

Whoever is assigned to serve as executor, it is their job to act as the representative of the estate. Among other jobs, they have to account for the decedent's debts and assets, and inform any beneficiaries who might be unaware of the situation.

Can a Frankfort, Kentucky Estate Administration Attorney Help?

If you have unexpectedly been appointed to be the executor of a relative's estate, and don't know how to handle this process, you should speak with a reputable Frankfort, Kentucky wills and trusts attorney.

Talk to a Wills, Trusts & Estates Law Attorney now!

Life in Frankfort

Frankfort is a city in Franklin County, Kentucky. It is the capital of Kentucky, and with a population of under 30,000 people, it is one of the least populous state capitals in the United States. Frankfort was founded in the late 1700s, shortly after Kentucky became a state, with the specific purpose of serving as the state capital. During the Civil War, Frankfort was briefly occupied by confederate troops, Since the 1960s, Frankfort has seen considerable population and economic growth, mainly due to the construction of a few large (for a city this size) state and private office buildings, and other construction projects. Frankfort is also home to several distilleries who make Kentucky bourbon whiskey, the signature spirit of the region. Some of these older office towers are slated for demolition, with the intention of building a new, more modern, business center, with several smaller buildings providing for office space. There are plenty of lawyers in Frankfort, Kentucky who can handle whatever legal problems you might be facing. If you need any type of legal assistance, whether you're signing a mortgage, getting a divorce, starting a business, or anything else, a Frankfurt, Kentucky lawyer can help.

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