Louisville Estate Lawyer, Kentucky, page 4

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Chris Meinhart

Trusts, Criminal, Medical Malpractice, Accident & Injury
Status:  In Good Standing           

Dennis R. Carrithers

Estate, Real Estate, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  48 Years

Jefferey M Yussman

Health Care, Trusts, Estate, Elder Law
Status:  In Good Standing           

Scott R. Cox

Estate Planning, Patent, Tax Litigation, Tax
Status:  In Good Standing           Licensed:  49 Years

Jackson I. Jones

Commercial Real Estate, Conveyancing, Estate Administration, Estate Planning
Status:  In Good Standing           Licensed:  38 Years

William J. Cooper

Wills & Probate, Construction, Corporate, Wills
Status:  In Good Standing           Licensed:  51 Years

Arthur Cary Peter

Commercial Real Estate, Trusts, Estate Planning, Estate, Elder Law
Status:  In Good Standing           

Paul Raymond Paletti

Power of Attorney, Estate, Employment, Elder Law, Business
Status:  In Good Standing           

Daniel M. Walter

Land Use & Zoning, Wills, Wills & Probate, Corporate, Real Estate
Status:  In Good Standing           Licensed:  28 Years

Earl Lipscomb Martin

Litigation, Trusts, Estate, Insurance
Status:  In Good Standing           

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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

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)
A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

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.

TESTAMENTARY TRUST

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

FAILURE OF ISSUE

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

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)
An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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.

IRREVOCABLE TRUST

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

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.

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.