Owingsville Trusts Lawyer, Kentucky

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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
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C. Edward Hastie

Litigation, Trusts, Estate Planning

Status: In Good Standing

CONTACT

133 West Short Street, Lexington, KY 40507

Albert Bradley McQueen

Mass Torts, Trusts, Estate Planning, Elder Law, Corporate

Status: In Good Standing

CONTACT

309 N Broadway, Lexington, KY 40508

Amelia Martin Adams

Bankruptcy, Credit & Debt, Trusts, Litigation

Status: In Good Standing

CONTACT

300 West Vine Street, Lexington, KY 40507

Andrew Donald Fiorillo

General Practice

Status: In Good Standing

CONTACT

1809 Bimini Road, Lexington, KY 40502

Ann Elizabeth D'Ambruoso

Family Law, Divorce & Family Law, Trusts, Federal Appellate Practice

Status: In Good Standing

CONTACT

201 East Main St, Lexington, KY 40507

Anthony M Pernice

Federal Appellate Practice, Trusts, Estate Planning, Corporate

Status: In Good Standing

CONTACT

333 W Vine St, Lexington, KY 40507

Autumn Gail Dmytrewycz

General Practice

Status: In Good Standing

CONTACT

Lexington, KY 40591

Barbara Alison Emmons

Trusts, Estate, Elder Law, Estate Planning

Status: In Good Standing

CONTACT

232 W Main St, Richmond, KY 40475

Barry Guy Burton

Commercial Real Estate, Trusts

Status: In Good Standing

CONTACT

309 Hanover Drive, Winchester, KY 40391

Barton Taylor Rogers

Trusts, Estate, Employee Rights, Bankruptcy

Status: In Good Standing

CONTACT

250 W Main St, Lexington, KY 40507

800-923-0641

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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.'

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

FAMILY POT TRUST

See pot trust.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

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.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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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Owingsville Trusts Lawyer, Kentucky

Sponsored Law Firm

Kenton Elder Law

SPONSORED LAWYERS

C. Edward Hastie

Albert Bradley McQueen

Amelia Martin Adams

Andrew Donald Fiorillo

Ann Elizabeth D'Ambruoso

Anthony M Pernice

Autumn Gail Dmytrewycz

Barbara Alison Emmons

Barry Guy Burton

Barton Taylor Rogers

TIPS

LEGAL TERMS

INCOMPETENCE

ALTERNATE BENEFICIARY

FAMILY POT TRUST

CONTINGENT BENEFICIARY

CERTIFIED COPY

GROSS ESTATE

PERSONAL PROPERTY

EXECUTOR

GENERATION-SKIPPING TRANSFER TAX

SAMPLE LEGAL CASES

Young v. Richardson

JP Morgan Chase Bank, NA v. Longmeyer

Gripshover v. Gripshover

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