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Carolyn Kenton
About | Practice Areas
Kenton Elder Law
713 College Rd Paris, KY 40361» view map
Estate Law
Helping Generation After Generation

Kenton Elder Law works with families to ensure smooth financial transitions and long term care arrangements as older adults move into later stages of life.

800-932-7301
1. Carolyn Kenton Paris, KY
  Attorney at Law - KY, 1985
  University of Kentucky J.D. 1985
2. AboutKenton Elder Law
  Helping families in the Bluegrass transition from generation to generation.
3. Practice AreasExpertise
  Estate Law
1. Contact
2. Email
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Includes: Gift Taxation

Steven Douglas Jaeger

Estate, Wills & Probate, Estate Planning, Trusts, Federal Appellate Practice

CONTACT

859-578-3852

250 Grandview Drive, Fort Mitchell, KY 41017

Hans M. Tinkler

Business Organization, Wills & Probate, Corporate, Estate Planning

Status: In Good Standing

CONTACT

Fort Thomas, KY 41075

Stuart P. Brown

Estate Planning, Family Law, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

327 West Pike Street, Covington, KY 41011

Alice G. Keys

Family Law, Estate Planning, Real Estate

Status: In Good Standing

CONTACT

1005 Madison Avenue, Covington, KY 41011

Lucinda C Shirooni

Estate Planning, Family Law, Personal Injury, Real Estate

Status: In Good Standing

CONTACT

1005 Madison Avenue, Covington, KY 41011

Robert E Ruberg

Business Organization, Education, Estate Planning, Wills & Probate

Status: In Good Standing

CONTACT

25 Town Center Boulevard, Ft Mitchell, KY 41017

Tara Nicole Hester

Trusts, Gift Taxation

Status: In Good Standing

CONTACT

1615 Martha Ann Drive, Maysville, KY 41056

Mills Rouse

Personal Injury, Family Law, Estate Planning, Real Estate, Child Custody

Status: In Good Standing

CONTACT

10 South Main Street, Walton, KY 41094

Wilfrid Robert Schroder

Real Estate, Bankruptcy, Contract, Estate Planning

Status: In Good Standing

CONTACT

25 Observatory Pointe Dr, Newport, KY 41076

Daniel A. Kruse

Real Estate, Gift Taxation, Child Custody, Corporate

Status: In Good Standing

CONTACT

502 Greenup Street, Covington, KY 41011

800-923-0641

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LEGAL TERMS

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

FAMILY POT TRUST

See pot trust.

MARITAL LIFE ESTATE TRUST

See AB trust.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

SAMPLE LEGAL CASES

Easterly v. METROPOLITAN LIFE INSURANCE COMPANY

... [6]. In January or February of 1990, Easterly met with an estate planning attorney in Florida and discovered the face value of the policy to be $185,000.00, not the $235,000.00 they believed they had contracted to purchase in 1989. ...

GRIPSHOVER v. GRIPSHOVER

... prepare documents effectuating a real estate partnership (the Gripshover Family Limited Partnership #1) and a partnership for the ownership and management of the family farming business (the Gripshover Family Limited Partnership #2). For estate planning and taxation ...

Fleming v. Toney

... A decree was never entered, but Leon and Janet remained separated until Leon's death on August 24, 2006. Following the separation, and prior to his death, Leon made several estate planning decisions without Janet's knowledge. ...

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Dover Estate Planning Lawyer, Kentucky

Sponsored Law Firm

Kenton Elder Law

SPONSORED LAWYERS

Steven Douglas Jaeger

Hans M. Tinkler

Stuart P. Brown

Alice G. Keys

Lucinda C Shirooni

Robert E Ruberg

Tara Nicole Hester

Mills Rouse

Wilfrid Robert Schroder

Daniel A. Kruse

TIPS

LEGAL TERMS

RESIDUARY ESTATE

EXECUTOR

PROBATE

DISTRIBUTEE

GENERATION-SKIPPING TRUST

FAMILY POT TRUST

MARITAL LIFE ESTATE TRUST

ADEMPTION

SPRINKLING TRUST

SAMPLE LEGAL CASES

Easterly v. METROPOLITAN LIFE INSURANCE COMPANY

GRIPSHOVER v. GRIPSHOVER

Fleming v. Toney

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