Mount Sterling Estate Lawyer, Kentucky

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Carolyn Lips Kenton Lawyer

Carolyn Lips Kenton

VERIFIED
Estate

Carolyn Kenton founded Kenton Elder Law to continue her work with legal issues of the older client. A former partner in Bluegrass Elderlaw PLLC and a ... (more)

M. Benjamin Shields

Estate Planning, Family Law, Insurance, Real Estate
Status:  In Good Standing           

Alan B Peck

Wills & Probate, Corporate, Business Organization, Banking & Finance
Status:  In Good Standing           Licensed:  56 Years

Farrah Williams Ingram

Real Estate, Estate Planning, Family Law, Insurance
Status:  In Good Standing           Licensed:  22 Years

Keen Johnson

Criminal, Family Law, Wills & Probate, Elder Law
Status:  Inactive           Licensed:  22 Years

Robert L Rose

Commercial Real Estate, Trusts, Estate, Administrative Law
Status:  In Good Standing           

Mary Tohill Yeiser

Real Estate, Trusts, Estate
Status:  In Good Standing           

Della M Wallen Littrell

Real Estate, Trusts, Labor Law, Employment
Status:  In Good Standing           

Brian Keith Privett

Car Accident, Civil Rights, Divorce, Wills & Probate
Status:  In Good Standing           

Rachel Fortner

Gift Taxation, Public Interest Law
Status:  In Good Standing           

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Free Help: Use This Form or Call 800-943-8690

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800-943-8690

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Lawyer.com can help you easily and quickly find Mount Sterling Estate Lawyers and Mount Sterling Estate Law Firms. Refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.

LEGAL TERMS

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)
The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)
Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)
Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)
A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)
A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)
The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)
The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.