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As a 70-year-old single person residing in Kentucky I ask why our commonwealth does not yet have a Transfer on Death Deed law unlike 30 other states and Washington D.C.
There is no estate tax in Kentucky. However, there is an inheritance tax that residents should be aware of when thinking about estate planning. There is also the federal estate tax to think about ...
In addition, a maximum amount, varying year by year, can be given by an individual, before and/or upon their death, without incurring federal gift or estate taxes: [4] $5,340,000 for estates of persons dying in 2014 [5] and 2015, [6] $5,450,000 (effectively $10.90 million per married couple, assuming the deceased spouse did not leave assets to ...
In a 2018 appearance on the BBC's The Graham Norton Show, Bailey suggested that the report was the result of confusion following the death of a DJ in Kentucky also named Bill Bailey. [19] Scott Baio: A hoax report circulated via e-mail claimed that this American actor had died in a car accident on December 18, 1997. The report was picked up by ...
Despite remaining a legal penalty, there have been no executions in Kentucky since 2008, and only three since 1976. The most recent execution was of Marco Allen Chapman, who was executed for two murders. Capital punishment in Kentucky has been indefinitely suspended by court order since 2009. [1]
Kentucky has not executed a person in more than 15 years. Attorney General Russell Coleman wants to change that, potentially opening the door for Kentucky’s 20-plus people on death row to be ...
In Mutual Life v.Armstrong (1886), the first American case to consider the issue of whether a slayer could profit from their crime, the US Supreme Court set forth the No Profit theory (the term "No Profit" was coined by legal scholar Adam D. Hansen in an effort to distinguish early common law cases that applied a similar outcome when dealing with slayers), [1] a public policy justification of ...
John Gentry, 37, appears in court with his attorneys Bridget Hofler, left, and Josh Miller at the Butler County Justice Center in Burlington, Ky., for a hearing on Thursday, Jan. 18, 2024.