Shelby County, KY Trusts Lawyers

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William Bornstein
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Bornstein & Oppenheimer
3339 Taylorsville Rd Louisville, KY 40205» view map
Real Estate
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When you need accurate representation for your Real Estate transaction, William Bornstein is there for you.

800-925-4171
1. William Bornstein Louisville, KY
  Attorney at Law - KY, 1966
  University of Louisville J.D. 1966
2. AboutBornstein & Oppenheimer
  Bornstein Oppenheimer, PLLC, is a diversified law firm headquartered in Louisville, Kentucky.
3. Practice AreasExpertise
  Real Estate
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Not enough matches for Shelby Trusts lawyer.
Below are all Shelby Estate lawyers.

T. Sherman Riggs

Business Organization, Banking & Finance, Wills & Probate, Estate Planning

Status: In Good Standing

FREE CONSULTATION

CONTACT

500 Main Street, Shelbyville, KY 40065

Nathan T. Riggs

Banking & Finance, Wills & Probate, Land Use & Zoning, Wills

Status: In Good Standing Licensed: 23 Years

CONTACT

500 Main St, Shelbyville, KY 40065

Charles Lewis Mathis

Banking & Finance, Wills & Probate, Land Use & Zoning, Wills

Status: In Good Standing Licensed: 59 Years

CONTACT

500 Main St, Shelbyville, KY 40065

Stephen Louis Collins

Trusts, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing

CONTACT

1185 West Main St, Shelbyville, KY 40065

Ted L Igleheart

Real Estate, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing

CONTACT

543 Main St, Shelbyville, KY 40065

800-923-0641

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LEGAL TERMS

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.

FAMILY POT TRUST

See pot trust.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

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.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

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.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

SAMPLE LEGAL CASES

Young v. Richardson

... This case has a lengthy procedural history which includes a prior appeal before this court. The underlying action concerns the propriety of a transfer of assets from two inter vivos trusts that were established in 1991 by the appellant's parents, Sam C. May and Julia May. ...

JP Morgan Chase Bank, NA v. Longmeyer

... A short while later, in December 1997, Bank One contacted an experienced attorney in trusts and estates, Robert L. Hallenberg, regarding Skonberg's estate and the questionable circumstances that had culminated in the new estate plan. ...

Gripshover v. Gripshover

... to own and manage the farming business (the Gripshover Family Limited Partnership # 2). To minimize taxes and for inheritance purposes, Mr. Campbell further recommended that the partners in the two partnerships assign their partnership interests to trusts, two trusts for each ...

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Shelby County, KY Trusts Lawyers

Sponsored Law Firm

Bornstein & Oppenheimer

SPONSORED LAWYERS

T. Sherman Riggs

Nathan T. Riggs

Charles Lewis Mathis

Stephen Louis Collins

Ted L Igleheart

TIPS

LEGAL TERMS

EXECUTOR

FAMILY POT TRUST

ENTITY

RESIDUARY ESTATE

WARRANTY DEED

EXEMPTION TRUST

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

TRUST DEED

IRREVOCABLE TRUST

SAMPLE LEGAL CASES

Young v. Richardson

JP Morgan Chase Bank, NA v. Longmeyer

Gripshover v. Gripshover

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