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Burgin Estate Lawyer, Kentucky

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1-4 of 4 matches. Page 1 of 1  

Matthew Robb Walter

Criminal, Accident & Injury, Divorce & Family Law, Estate
Status:  In Good Standing           
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432 West Main Street, Danville, KY 40422
Profile LAWPOINTS™55/100
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Henry Vincent Pennington

Real Estate, Trusts, Criminal, Civil & Human Rights
Status:  In Good Standing           
CONTACT
114 South Fourth Street, Danville, KY 40422
Profile LAWPOINTS™32/100
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Micki Woodward McDaniel

Trusts, Estate, Corporate, Estate Planning
Status:  In Good Standing           
CONTACT
213 W Main St, Danville, KY 40422
Profile LAWPOINTS™22/100
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W Banks Hudson

Real Estate, Trusts, Property Damage
Status:  In Good Standing           
CONTACT
Danville, KY 40423
Profile LAWPOINTS™17/100
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Lawyer.com can help you easily and quickly find Burgin Estate Lawyers and Burgin 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

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)
Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)
Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)
A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)
A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

CERTIFICATION OF TRUST

See abstract of trust.

FAMILY POT TRUST

See pot trust.

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