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Making a Last Will and Testament in Kentucky
A Kentucky Last Will and Testament (a "Will") is a legal document that sets forth your preferences regarding asset distribution after death, including who will inherit your personal belongings, your money, or your home.
The individual making a Will is called the "testator," and the people or entities appointed to oversee the testator's estate after death are known as "executors." Suited for residents of Kentucky, this Last Will and Testament can be used in Jefferson County, Fayette County, Kenton County, and in every other county or municipality in the state. Each Kentucky Will from Rocket Lawyer can be edited for your unique situation. This document will provide a record of your decisions.
It's fast and easy to document your preferences using a free Kentucky Last Will and Testament template from Rocket Lawyer:
This solution, in many cases, will end up being notably less expensive and less time-consuming than hiring and working with a conventional provider. If necessary, you may start this Last Will and Testament on behalf of a relative, and then have that person sign when ready. Please remember that for this document to be legally valid, the testator must be a mentally competent adult when they sign. If the testator is already incapacitated and unable to make their own decisions, a court-appointed conservatorship may be required. When managing this scenario, it is best for you to work with a lawyer.
Every person over 18 should have a Last Will and Testament. Though it may be painful to acknowledge, your loved ones will need to know your preferences in relation to guardianship (when applicable), your assets, and your property, if you pass away. Here are a few common circumstances where it may be useful to make or update your Will:
Whether this Kentucky Last Will and Testament has been generated as part of a forward-looking plan or created in response to a recent change in your life, witnesses and notarization will often help to protect your document if its legitimacy is doubted.
Writing a Will is normally straightforward, but you could have questions. Seeking out an attorney to comment on your document can take a lot of time if you do it by yourself. An alternate approach could be via attorney services at Rocket Lawyer. Rocket Lawyer Premium members are able to ask for feedback from an attorney with relevant experience or ask additional legal questions. As always, you can live confidently with Rocket Lawyer by your side.
The cost of finding and hiring the average law firm to make a Last Will and Testament can total anywhere between two hundred and one thousand dollars, depending on where you are located. When using Rocket Lawyer, you are not just filling out a Last Will and Testament template. In case you ever need support from a lawyer, your Premium membership provides up to a 40% discount when you hire an On Call attorney.
After completing your customized Last Will using Rocket Lawyer, you will have the ability to retrieve it on any device. You are encouraged to engage with it in any of these ways: editing it, saving it in Word or PDF format, and signing it. Each Kentucky Will has a checklist of next steps to take to finalize your document. Make sure to keep your signed original document in a secure location. It is important that someone knows where to find it after you pass away.
The guidelines governing Wills are different by state; however, in Kentucky, your document needs two witnesses. As a general rule, your witnesses should be mentally competent individuals who are of sound mind. If any of the two required witnesses is also a beneficiary, then the gift/inheritance for that person is deemed void unless another disinterested witness also signs. Furthermore, it is recommended that you have your Last Will and Testament notarized in order to reinforce its legitimacy.
See legal references for a Will in Kentucky: KRS 394.04
A Last Will doesn't have to be filed with the county until the testator passes away. Filing a Will (alongside any other forms needed by the county) allows for the process of probate to begin.