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Posts from July 2019.
Posted in Estate Planning

Many states, including Kentucky, have adopted the Uniform Trust Code (“UTC”).  The UTC is a comprehensive statutory schemework governing the administration of trusts. 

Posted in Estate Planning

Since our country’s inception in 1776, Americans have come to find that very few things in life are certain, with the exception of death and taxes.  In the world of trusts, these two certainties have historically gone hand-in-hand.  On Friday, June 21, 2019, however, the United States Supreme Court’s decision in North Carolina Dept. of Revenue v. Kimberly Rice Kaestner 1992 Family Trust laid such certainty to rest.

Posted in Estate Planning

In a recent decision from the Kentucky Court of Appeals, two generations of the descendants of Edna Murphy battled over a trust which held the Murphy family farm.  Edna Murphy contributed her 180-acre Larue County farm to the Murphy Family Farm Trust created by her five then-living children.  Three of those children were ultimately named as co-trustees of the trust, which held the farm at the time of litigation. 

Brands may now register for “scandalous” trademarks, the U.S. Supreme Court ruled last Monday. Erik Brunetti, a streetwear designer and head of the brand “FUCT,” filed to federally register its brand with the U.S. Patent and Trademark Office (PTO) in 2011.  The PTO rejected the application because of the phonetic pronunciation and offensiveness of the word.

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