Author: Whitney Morrow
Major Program: Financial Education - General
Estate planning allows people to control what happens to their possessions after their passing. Without a legally recognized plan in place, the government may dictate how someone’s assets are distributed. While there are numerous informal approaches to estate planning, not all are legally recognized. This may create confusion and spark conflict among families during an already challenging time. To increase consumer knowledge on estate planning and asset distribution, the Carter
Author: Linda Burgard
Inflation has driven the cost of groceries higher in recent years. According to USDA Economic Research Food Price Outlook (2024), food-at-home prices increased by 11.4% in 2022, 5.8% in 2023 and an additional increase of 2.2% is expected throughout 2024. These historically high average prices make meal budgeting, especially holiday meals which tend to cost more, extremely important. To address this issue the Whitley County Extension agent for Family and Consumer Sciences taught Planning Ho
Author: Brian Jeffiers
Roughly 68% of the population currently does not have a will to document their wishes for the disposition of their estate upon their death. Without a will, the time and expense of settling the estate becomes much more burdensome to heirs. This effect is amplified if real property remains titled to "the heirs of" the decedent without going through a physical partitioning and titling to the heirs by name. Using funds through an heirs' property grant through Kentucky State Univer
