Winchester Estate Planning 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
1. Contact
2. Email
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7. Profile

Includes: Gift Taxation

Joe Francis Childers

✓ VERIFIED

Wills & Probate, Estate Planning, Commercial Real Estate, Residential Real Estate

Working to protect Kentucky’s most vulnerable citizens and natural landscapes has long been Joe’s personal and professional passion. As an undergr... (more)

FREE CONSULTATION

CONTACT

859-253-9824

201 W Short St, Lexington, KY 40507

M. Benjamin Shields

Estate Planning, Family Law, Insurance, Real Estate

Status: In Good Standing

CONTACT

26 Broadway, Mount Sterling, KY 40353

James I. Murray

Real Estate, Estate Planning, Family Law, Corporate

Status: In Good Standing

CONTACT

133 West Short Street, Lexington, KY 40507

C. René Rogers

Contract, Foreclosure, Estate Planning, Residential Real Estate

Status: In Good Standing

CONTACT

455 South Cleveland Road, Lexington, KY 40515

Farrah Williams Ingram

Real Estate, Estate Planning, Family Law, Insurance

Status: In Good Standing Licensed: 22 Years

CONTACT

26 Broadway, Mount Sterling, KY 40353

Walter C. Cox, Jr.

Estate, Estate Planning, Trusts, Power of Attorney, Elder Law

Status: In Good Standing

FREE CONSULTATION

CONTACT

1795 Alysheba Way, Lexington, KY 40509

Jason Landow Lee

Business & Trade, Trusts, Gift Taxation, Business

Status: In Good Standing

CONTACT

2225 Blackmoor Park Lane, Lexington, KY 40509

Rachel Fortner

Gift Taxation, Public Interest Law

Status: In Good Standing

CONTACT

109 Oreda Dr, Richmond, KY 40475

Delmon Lyle Mcquinn

International Tax, Estate Planning, Elder Law, Personal Injury

Status: In Good Standing

CONTACT

300 East Main Street, Lexington, KY 40507

Ralph C Salyer

International, Gift Taxation, Business, Corporate

Status: In Good Standing

CONTACT

710 East Main Street, Lexington, KY 40502

800-923-0641

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LEGAL TERMS

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.

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.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

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.

NET ESTATE

The value of all property owned at death less liabilities or debts.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

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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Winchester Estate Planning Lawyer, Kentucky

Sponsored Law Firm

Kenton Elder Law

SPONSORED LAWYERS

Joe Francis Childers

M. Benjamin Shields

James I. Murray

C. René Rogers

Farrah Williams Ingram

Walter C. Cox, Jr.

Jason Landow Lee

Rachel Fortner

Delmon Lyle Mcquinn

Ralph C Salyer

TIPS

LEGAL TERMS

INHERITANCE TAXES

SPENDTHRIFT TRUST

QTIP TRUST

TRUST MERGER

INVESTOR

GENERATION-SKIPPING TRUST

NET ESTATE

BEQUEATH

BYPASS TRUST

SAMPLE LEGAL CASES

Easterly v. METROPOLITAN LIFE INSURANCE COMPANY

GRIPSHOVER v. GRIPSHOVER

Fleming v. Toney

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