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Covington Trusts and Estates Lawyer

Martin C. Butler
Martin C. Butler
mcbutler@strausstroy.com

Elizabeth M. Reeder, Of Counsel
Elizabeth M. Reeder, Of Counsel
emreeder@strausstroy.com

Pete A. Smith
Pete A. Smith
pasmith@strausstroy.com

Strauss Troy

50 East Rivercenter Boulevard
#1400
Covington, KY 41011
United States

Consult with a Proven Covington Trusts and Estates Lawyer

The proven Covington estate lawyers at Strauss Troy are experienced in the effective resolution of estate lawsuits and claims as related to family estates and trusts. Covington estate attorneys are knowledgeable in all areas of general estate law, including but not limited to instances of estate bankruptcy, living trusts and retirement planning in Covington, Kentucky.

The Covington trusts and estates attorneys have experience representing clients with matters involving:

  • Covington Decedents Estate Lawyer
  • Covington Estate Bankruptcy Lawyer
  • Covington Estate Lawyer
  • Covington Estate Planning Lawyer
  • Covington Family Trusts Lawyer
  • Covington Living Trusts Lawyer
  • Covington Powers of Attorney Lawyer
  • Covington Retirement Planning Lawyer
  • Covington Special Needs Trusts Lawyer
  • Covington Trust Lawyer
  • Covington Unclaimed Property Lawyer
  • Covington Wealth Planning Lawyer

Experienced Covington Trust Attorney

Trusts are estate-planning tools that can replace or supplement wills; as well as help manage property during life. A trust manages the distribution of a person’s property by transferring its benefits and obligations to different people. There are many reasons to create a trust, making this property distribution technique a popular choice for many people when creating an estate plan.

The basics of trust creation are fairly simple. To create a trust, the property owner (called the “trustor,” “grantor,” or “settlor”) transfers legal ownership to a person or institution (called the “trustee”) to manage that property for the benefit of another person (called the “beneficiary”). The trustee often receives compensation for his or her management role. Trusts create a “fiduciary” relationship running from the trustee to the beneficiary, meaning that the trustee must act solely in the best interests of the beneficiary when dealing with the trust property. If a trustee does not live up to this duty, then the trustee is legally accountable to the beneficiary for any damage to his or her interests. The grantor may act as the trustee himself or herself, and retain ownership instead of transferring the property, but he or she still must act in a fiduciary capacity. A grantor may also name him or herself as one of the beneficiaries of the trust. In any trust arrangement, however, the trust cannot become effective until the grantor transfers the property to the trustee.

An experienced Covington estate lawyer is professional and knowledgeable in understanding the details, facts, complications, and circumstances that arise in a trusts and estates case.

Trusted Covington Estate Law Firm

The Covington estate attorneys at Strauss Troy are distinguished by a history of successful estate claim recoveries and resolutions. For experienced representation in an estate dispute or if you need help with estate planning, contact the Covington estate lawyers at Strauss Troy in Kentucky.

Strauss Troy

50 East Rivercenter Boulevard
#1400
Covington, KY 41011
United States

Contact This Firm

Strauss Troy

50 East Rivercenter Boulevard
#1400
Covington, KY 41011
United States

Law Firm Contact: Theresa L. Nelson

Tel: 513.621.8900

Fax: 513.241.8259

Email: tlnelson@strausstroy.com

Website: www.strausstroy.com

Member Since: 2018

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