Millersburg Estate 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
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Carolyn Lips Kenton

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Estate

Carolyn Kenton founded Kenton Elder Law to continue her work with legal issues of the older client. A former partner in Bluegrass Elderlaw PLLC and a ... (more)

CONTACT

800-932-7301

713 College Rd, Paris, KY 40361

M. Benjamin Shields

Estate Planning, Family Law, Insurance, Real Estate

Status:

CONTACT

26 Broadway, Mount Sterling, KY 40353

Brian Keith Privett

Car Accident, Civil Rights, Divorce, Workers' Compensation, Wills & Probate

Status:

CONTACT

276 Houston Ave, Paris, KY 40361

Sam W Arnold

Trusts, Estate, Family Law

Status:

CONTACT

103 Court St, Cynthiana, KY 41031

Alan B Peck

Wills & Probate, Corporate, Business Organization, Banking & Finance

Status: Licensed: 57 Years

CONTACT

Mount Sterling, KY 40353

Farrah Williams Ingram

Real Estate, Estate Planning, Family Law, Insurance

Status: Licensed: 23 Years

CONTACT

26 Broadway, Mount Sterling, KY 40353

Keen Johnson

Criminal, Family Law, Wills & Probate, Elder Law

Status: Licensed: 23 Years

CONTACT

114 W Main Street, Mount Sterling, KY 40353

Walter C. Cox, Jr.

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

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FREE CONSULTATION

CONTACT

1795 Alysheba Way, Lexington, KY 40509

Douglas Trent Hawkins

Estate, Wills & Probate, Divorce & Family Law, Accident & Injury

Status:

FREE CONSULTATION

CONTACT

1795 Alysheba Way, Lexington, KY 40509

JoEllen S McComb

Education, Trusts, Labor Law, Civil Rights, Estate

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CONTACT

1204 Winchester Rd, Lexington, KY 40505

800-814-6700

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LEGAL TERMS

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

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.

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.

BENEFICIARY

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

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

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.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

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Millersburg Estate Lawyer, Kentucky

Sponsored Law Firm

Kenton Elder Law

SPONSORED LAWYERS

Carolyn Lips Kenton

M. Benjamin Shields

Brian Keith Privett

Sam W Arnold

Alan B Peck

Farrah Williams Ingram

Keen Johnson

Walter C. Cox, Jr.

Douglas Trent Hawkins

JoEllen S McComb

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LEGAL TERMS

PREDECEASED SPOUSE

CERTIFIED COPY

NONPROBATE

BENEFICIARY

SELF-PROVING WILL

PER CAPITA

GENERATION-SKIPPING TRUST

GRANTOR RETAINED INCOME TRUST

ESTATE TAXES

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