Estate Administration in Lexington, Kentucky

Find the right Estate Administration attorney in Lexington, KY

"Estate administration" refers to the process 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 governing 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 Lexington, Kentucky, the estate is usually administered in a way that follows the instructions the will lays out, as closely as possible.

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

The executor is commonly the person who will get the most money or property out of the will if it is given effect, because this is the person who will have the greatest incentive to see that the probate process goes as quickly as possible.

What if The Will Does Not Name an Executor?

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

Normally, this will be the person who has the most to receive from the will, or who would gain the most under Kentucky's intestacy scheme (the system that distributes the decedent's property to his or her closest living relatives, if he or she dies without a will).

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

When the executor is chosen, they serve as a sort of incarnation of the decedent's estate - the estate's legal interests become the executor's interests, and the executor is expected to protect the estate's interests as they would their own.

Can a Lexington, Kentucky Estate Administration Attorney Help?

If you find yourself named in a will as executor of an estate, and aren't sure how to meet your responsibilities, or where to begin, it would be a good idea to consult with an accomplished Lexington, Kentucky lawyer who can help you navigate this sometimes-convoluted process.

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

Life in Lexington

Lexington is the "Thoroughbred City" and self-proclaimed "Horse Capital of the World." Home to three World renown horse-racing tracks that include Keenland which opened in 1936, the Red Mile Harness Track which is the oldest in Lexington, and the new Kentucky Horse Park. There may be an abundance of gambling in Lexington but the economy is known for its stability. Forbes Magazine named Lexington the 5th best city for "Business and Careers." There's an abundance of technology research and high tech industries like Lexmark International, Hewlett Packard, and Affiliated Computer Services as well as government facilities. Such a stable economy makes Lexington a standout city in the United States and quite attractive to job seekers.

One of the major government employers in Lexington is the Lexington-Fayette County Governments. Lexington is the seat of Fayette County, Kentucky and therefore has many of the administrative buildings, courts, jails, and political facilities. A number of lawyers call Lexington home since there are so many local courts. Lexington lawyers can consult on any type of case heard in Lexington and Fayette County Courts including personal injury, probate, criminal, divorce, and child custody cases.

The City of Lexington's largest employer is the University of Kentucky, which offers a renown College of Medicine and over 10,000 local jobs. The University of Kentucky draw a number of students and top professionals. Don't forget about the American history for tourists either. The Bluegrass Festival and Ashland: The Henry Clay Estate draw tourists from near and far.

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