Ft Mitchell Estate Planning Lawyer, Kentucky


Includes: Gift Taxation

Robert E Ruberg

Business Organization, Education, Estate Planning, Wills & Probate
Status:  In Good Standing           

Stuart P. Brown

Estate Planning, Family Law, Criminal, Bankruptcy
Status:  In Good Standing           

Alice G. Keys

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

Lucinda C Shirooni

Estate Planning, Family Law, Personal Injury, Real Estate
Status:  In Good Standing           
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Jessica Lynne Craven

Land Use & Zoning, Gift Taxation, Environmental Law, Business
Status:  In Good Standing           

Jennifer May Gatherwright

International Tax, Social Security, Gift Taxation, Business
Status:  In Good Standing           

Daniel A. Kruse

Real Estate, Gift Taxation, Child Custody, Corporate
Status:  In Good Standing           

V. Ruth Klette

Estate Planning, Foreclosure, Power of Attorney, Non-profit
Status:  In Good Standing           

Jessica L. Birkenhauer

Corporate, Foreign Investment, Copyright, Estate Planning
Status:  In Good Standing           

Carlo Rudolph Wessels

International, Gift Taxation, Business
Status:  In Good Standing           

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

Member Representative

Call me for fastest results!
800-943-8690

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

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Email, Phone, Text Messages, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)
A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)
The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)
In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)
All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

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.'

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)
A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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. ...