Cloverport Estate Lawyer, Kentucky

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E. Phillips Malone

Banking & Finance, Corporate, Business Organization, Wills & Probate
Status:  In Good Standing           

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Bradley Scott Butler

Trusts, Estate
Status:  In Good Standing           

Julia Hawes Gordon

Family Law, Trusts
Status:  In Good Standing           

Jesse T Mountjoy

Other, Trusts, Gift Taxation, Business
Status:  In Good Standing           

Mark W Starnes

Trusts, Gift Taxation, Consumer Rights, Elder Law
Status:  In Good Standing           

Charles E Mountjoy

Real Estate, State Appellate Practice, Trusts, Family Law
Status:  In Good Standing           

Stephen C Pace

Real Estate, Trusts, Estate, Bankruptcy
Status:  In Good Standing           

E Phillips Malone

Trusts, Business
Status:  In Good Standing           

Charles Wesley Durham

Criminal, Estate Planning, Family Law, Litigation
Status:  In Good Standing           Licensed:  38 Years

Russel C Jones

Tax, Trusts, Estate Planning, Business & Trade
Status:  In Good Standing           

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

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800-943-8690

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Lawyer.com can help you easily and quickly find Cloverport Estate Lawyers and Cloverport 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

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

IRREVOCABLE TRUST

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

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.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)
The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

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.

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.