by Peter Brackney | Aug 1, 2018 | ESTATE PLANNING, INHERITANCE TAX, PROBATE, TAX
According to the Tax Foundation, only six states have an inheritance tax and Kentucky is one of them. This tax should be considered when planning your estate and recognizing tax liability is critical when probating the estate of the deceased. What is an Inheritance...
by Peter Brackney | Jan 25, 2018 | ESTATE PLANNING
At Brackney Law Office, PLLC, we’ve seen or been asked questions by clients that reveal some common estate planning mistakes or misunderstandings. Here are a four: 1. Having No Plan at All The most common mistake when it comes to estate planning is not having a...
by Peter Brackney | Jan 5, 2018 | ESTATE PLANNING, NEWS
A transfer on death deed, or a TOD Deed, allows for individuals to pass real property to a beneficiary upon their death. Because the transfer occurs through the deed itself and is made effective upon death, the transfer is not part of the probate process. In other...
by Peter Brackney | Dec 16, 2017 | ESTATE PLANNING
Setting your New Year’s Resolution! It’s almost 2018. The parking lot at the gym will have fewer spaces as many set a New Year’s resolution of losing weight. Others may decide to read more books or watch less television in the New Year. Spend less?...
by Peter Brackney | Oct 5, 2017 | ESTATE PLANNING, NEWS
October 16-22 is National Estate Planning Awareness Week! At Brackney Law Office, we believe that estate planning is for everyone! Keep reading to learn about a discount that BLO is offering during Estate Planning Awareness Week on its estate planning packages. Even...
by Peter Brackney | Sep 14, 2017 | ESTATE PLANNING
Are you interested in leaving a charitable legacy when you die? There are many ways to include your favorite charity in your estate plan. Non-profit organizations survive on generous giving by their patrons. You may be regular contributor to your church or you may...