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Harley N. Blankenship Lawyer

Harley N. Blankenship

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Accident & Injury, Criminal, Divorce & Family Law, Estate, Real Estate

Harley Blankenship is a practicing lawyer in Louisville, KY after being admitted to the Kentucky Bar in 1970. He received his Juris Doctor in 1970 fro... (more)

Sean P. Paris Lawyer

Sean P. Paris

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Divorce & Family Law, Litigation, Real Estate, Estate, Criminal
Serious representation for when it matters the most. Call me now!

Mr. Paris has over 24 years' experience in both family law and civil litigation matters. He has received a Martindale-Hubbell top AV rating for attorn... (more)

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William S. Bornstein Lawyer

William S. Bornstein

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Accident & Injury, Real Estate, Wills & Probate

Our attorneys at Bornstein Oppenheimer, PLLC are highly experienced and reputable litigators, negotiators, advocates, and counselors. Together with a ... (more)

Allen P. Dodd

Divorce & Family Law, Estate, Business, Tax
Status:  In Good Standing           

Brennan S. Cox

Corporate, Business Organization, Estate Planning, Wills & Probate
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Briana Geissler Abbott

Estate Planning, Family Law, Litigation
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C. Shawn Fox

Estate, Intellectual Property, Litigation
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Christy Jan Adams

Traffic, Estate, Divorce & Family Law, Bankruptcy
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D. Kevin Ryan

Corporate, Business Organization, Corporate Tax, Gift Taxation
Status:  In Good Standing           

Elizabeth Dodd Lococo

Adoption, Business Organization, Estate Planning, Family Law, Wills & Probate
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Lawyer.com can help you easily and quickly find Louisville Estate Lawyers and Louisville 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

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.

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.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)
The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

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.'

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)
A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

KINDRED

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

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)
A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.'

DEVISEE

A person or entity who inherits real estate under the terms of a will.