Jewelry Drive Helps Students “Purchase” Mother’s Day Gifts

As a member of The Woman’s Club of Louisville, Roz Carothers participates in the organization’s initiative to collect jewelry that members and friends no longer want or need. Just before Mother’s Day,  donations  are taken to Engelhard Elementary School for the students to “purchase” a gift for their mother or caregiver. The students pay 25… read more

T&C Team Volunteers with U of L Alumni for “Eagles at Rest” Project

The team at Triplett & Carothers joined the U of Louisville Alumni and the Office of Community Engagement — in collaboration with the Cultural Center, the Multicultural Teacher Recruitment Program, and the African American Alumni Council — to participate in the Eagles at Rest Project and restoring Greenwood Cemetery. “Beyond our legal work, our firm… read more

COVID Crisis for Singles: Authorize Your Trusted Agent

In this era of COVID, with more people getting sick, we have had several situations where our clients, often singles as opposed to couples, need to give friends and families (trusted contacts) or investment advisors their “power” to make business or healthcare decisions. But we can’t just turn over that information without express authorization. (The… read more

Important Change for Married Couples to Avoid Capital Gains Tax

This past summer, the Kentucky Legislature passed a law allowing a trust to be set up as a community property trust. This is important because community property gets a different tax treatment which is beneficial for assets having a low-cost basis. Ultimately, it’s a wonderful planning opportunity to avoid capital gains tax. Let’s look at… read more

Wishing You A Bright Star-Filled Holiday

Sending greetings of the season to all of our clients, colleagues, and friends from your team at Triplett & Carothers.

Trusted Advisors See Indicators That Estate Plans May Need Review

Although some consider estate planning to be a solely legal discipline, proper planning involves collaboration with many professionals such as financial advisors, insurance professionals, accountants or CPAs, and spiritual advisors. To implement a comprehensive solution for our clients, it is crucial that the entire team works together when designing the perfect financial and estate plan…. read more

COVID-19 Checklist for Parents: 7 Things You Need To Do Now

The coronavirus pandemic has made life unpredictable. One day your child is in school and the next day your child is at home doing schoolwork remotely. The health of children and families has become even more uncertain as some schools open for in-person instruction. No one can know for sure whether they will get sick… read more

How might the upcoming election impact your estate?

We have never experienced a year like 2020 with the difficulties presented by COVID-19 and the resulting volatility in the financial and employment markets. As the 2020 presidential and congressional elections approach, the potential for change in the White House and in Congress raises additional uncertainty as to how estate, gift, and income taxation laws… read more

Probate FAQs: Understanding the Probate Process

The probate process and subsequent settling of a deceased loved one’s estate requires that all the financial matters of the deceased be finalized. All assets are gathered up, debts are settled, and whatever is left is distributed among the heirs. Often, when dealing with the loss of a loved one, the remaining family does not… read more

Virtual 5K Slated for October to Benefit U of L School of Music

We are happy to announce that Triplett & Carothers will again sponsor the annual Friends 5K walk and run to benefit the University of Louisville School of Music, the beloved alma mater of firm owner Roz Carothers. This year, the walk/run has gone virtual. It’s set for Sunday, October 4th through Sunday, October 11th. Our… read more