Posted on October 1, 2025

We are pleased to welcome attorney Madison Hook as an associate attorney at Triplett & Carothers. Primarily focused on estate planning at Triplett & Carothers, she has practiced in the areas of business transactions, residential and commercial real estate transactions,  and probate law. Madison received a Bachelor of Arts degree — with honors — from… read more

Posted on September 5, 2025

Residential care is out-of-home care for people who are no longer able to live alone or care for themselves. The most important step in starting the search for yourself or for another in the process and to consider both the advantages and disadvantages of living in such a facility. Here are some of the most important pros… read more

Posted on September 4, 2025

When Aretha Franklin died in 2018 after a six-decade career, she left behind a legacy of more than 75 million record sales, 17 top 10 hits and 112 charted Billboard singles. She also left a home, valuable personal property and ongoing royalties and licensing income. But she had no formal estate plan. Instead, two separate… read more

Posted on September 3, 2025

Taking a home inventory means that you are documenting the valuables in your residence, usually by taking photos of them and saving any receipts that prove how much you spent on them. The goal is to make sure that you receive the maximum payout from your homeowners’ insurance policy if a fire, lightning strike or… read more

Posted on September 1, 2025

It all started when Roz Carothers and Reggie Garcia were asked for help to support the band by the former music director several years ago. From there, Roz and Reggie — and their music-minded families, and their deep-rooted passion for the marching band — were inspired to create the Cardinals Marching Band Booster Club. Through… read more

Posted on August 4, 2025

A prenuptial agreement clarifies which assets and debts are considered marital and which remain individual, protecting both spouses from financial liabilities. It can also help with: Business succession planning, ensuring ownership stays within the family. Preserving premarital wealth so assets accumulated before marriage remain separate. Preventing inheritance disputes, particularly when one or both spouses expect… read more

Posted on August 3, 2025

An asset’s basis is its original purchase price, which determines how much tax will be owed when the asset is sold. When an asset is inherited, the so-called stepped-up basis resets this value to the asset’s fair market value at the time of the owner’s death. For example, if a family home was purchased for… read more

Posted on August 2, 2025

The OBBBA law is long, but the IRS has summarized some of the most significant provisions: No tax on tips Effective for 2025 through 2028, employees and self-employed individuals may deduct qualified tips received in occupations that are listed by the IRS as customarily and regularly receiving tips on or before December 31, 2024, and… read more

Posted on August 1, 2025

Congratulations to Rosalyn Carothers — JD ’85, ’90 – on her new position as Chair of the University of Louisville Alumni Board of Directors.  Active as a board member since 2019, Roz will lead the Board of Directors for a two-year term. The Board is a representative group of Louisville Alumni’s members, serving as their… read more

Posted on July 3, 2025

ON A PERSONAL NOTE: Visitors to our office often comment on the cast iron Scottie dog statues. While our Scottie dogs do not come to our office, we share a special fondness for animals—especially our two Scotties named Wooster and Bertie. Recently, we all traveled to Wisconsin to attend the Door County Scottie Rally, an… read more