Learn More About Estate Planning And Probate Law in Georgetown, Kentucky

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Georgetown is a city in Scott County, Kentucky, United States. The population was 18,080 at the 2000 census. The Kentucky State Data Center estimates Georgetown's population at 21,074 as of July 1, 2007 It is the county seat of Scott County. The original settlement of Lebanon, founded by Rev. Elijah Craig, was renamed in 1790 in honor of President George Washington. It is the home of Georgetown College, a private liberal arts college. Georgetown is part of the Lexington-Fayette, KY Metropolitan Statistical Area. The city's recent growth began in the mid-1980s, when Toyota built Toyota Motor Manufacturing Kentucky, the first wholly owned United States plant, in a recently annexed part of the city. The plant, which currently builds the Camry, Solara, Venza and Avalon automobiles, opened in 1988. It is the largest building in terms of acres covered under one building in the United States, with over 200 acres (0.8 km) occupied. The city also serves as the home of the annual training camp for the NFL's Cincinnati Bengals.

Estate Planning And Probate Law Lawyers In Georgetown Kentucky

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What is estate planning and probate law?

Estate planning is the process of anticipating and arranging for the disposal of an estate. Estate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses. Estate planning attorneys advise clients on their options for disposition of real and personal property after death, and create any number of necessary documents pertaining to the estate and finances of the client -- including wills and trusts. Estate planning law attorneys also assist clients in setting out their end-of-life health care wishes through living wills and health care powers of attorney.

Answers to estate planning and probate law issues in Kentucky

What happens to the property of a person with and without a will?

The law dealing with estates governs the passing of the property of people who have passed away as well as people...

What are the tax consequences of death?

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

What is probate?

When a person dies, someone must step in to wind up the deceased persons affairs. Bills must be paid, property must...

Who should you choose as an executor of your will?

An executor is the person you name in your will to handle your property after death. The executor--called a personal...

What is a living trust?

A trust is an arrangement under which one person, called the trustee, holds legal title to property on behalf of...

Will my estate have to pay taxes after I die?

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

What are the legal requirements for writing my own will?

Every adult should have a will. A will makes sure that your property goes where you want it to go, and makes the...