Lonneman & McMahan PLLC

This is an Advertisement

Navigation
Practice Areas

Posts tagged "blog"

The dangers of “blowing off” a traffic ticket

If you are like many Kentucky residents, you are not particularly distressed if and when you receive a traffic ticket. In fact, you may attach so little importance to it that you forget to pay the fine and/or show up in court for your hearing. This forgetfulness, however, can get you into far more trouble than the ticket itself

How long is my will good for?

In many cases, a will you drew up 20 years ago can still be valid and express your wishes perfectly. However, it is a good idea to revisit older wills as your life situation changes to see if they need updating. There is also the fact that if you had witnesses sign your will and at least one has died, it could potentially cause problems in probate. Interestingly, though, if you handwrote your will, you do not need witnesses.

What to include in your parenting plan

Transitioning from living with your spouse and children in one home to having your children travel back and forth between you and your ex’s space is an adjustment, but there are steps you can take to help streamline the process. One such step involves creating a parenting plan, which is essentially a written agreement between two parents that sets guidelines and determinations in any number of areas with the hope of avoiding conflict later on.

3 reasons you should not be afraid of bankruptcy

Even just thinking about bankruptcy may make you feel ashamed; you could see it as a complete failure of your personal finances. The thought of declaring personal bankruptcy is scary and intimidating, but it happens; whether it is huge medical bills, a difficult divorce, a job loss or an unwise investment, debt can pile up beyond your ability to handle it. 

Important reasons to consider filing for bankruptcy

You never intend to get into debt. But while paying off the money you borrowed is your goal, sometimes it does not work out. Financial troubles hit us all in different ways. Whether your employer reduces your working hours or your business slows down, you might see the debt start piling up. 

Top 5 responsibilities of an executor

Were you chosen as the executor of an estate? If so, you are likely feeling a mixture of responsibility and stress. Depending on the complexity of the estate, serving as the executor can be particularly intimidating. But you do not have to shy away from this seemingly daunting task. With the right guidance, you can fulfill your duties with confidence.