Thanks for taking the time to find out about our connection to Middletown, Kentucky. A city built on more than 200 years of fascinating history is the home of unique businesses, restaurants and shops. Be sure to visit the Historic District which consists of beautiful restored homes and businesses. However, if the energy of a busy town is what you prefer, be sure that Middletown has something for you to enjoy.
Full of small town charm
Although Middletown may be a quickly changing community, it has managed to retain all of its small town charm. Located only 12 miles east of downtown Louisville, the city got its name because of its location between Louisville and Shelbyville. Middletown has become an integral part of Metro Louisville and an oasis for dining and shopping in a unique atmosphere. In fact, Middletown is overflowing with remarkable boutiques, salons, antique stores, garden and home furnishing shops.
The early establishment of Middletown
Originally incorporated by the Jefferson County Court in 1797, Middletown started as 500 acres on a branch of the forks of Beargrass Creek. In 1871, Middletown’s boundaries were increased by the Kentucky General Assembly. However, the city’s charter was dissolved in 1960 after it was discovered that the city had not held elections or collected taxes since 1919. As a result, the city of Middletown lost its 163-year-old city status. The city’s charter was not restored until 1976
The history of Middletown, Kentucky
Long ago, Middletown was a trading center for the wealthy farms surrounding the city. In addition to several “general stores,” the town also had a tannery, a millinery shop, a cigar factory, a comb factory, a tailor shop and a blacksmith’s shop, in addition to the usual businesses dealing in wooden products. Located on the toll road between Lexington and Louisville, the city was always a popular stop for travelers. Middletown was occupied by Confederate forces for a brief period during the 1862 invasion of Kentucky. According to folklore, the citizens of Middletown hid the Davis Tavern’s generous supply of whiskey in the village well to keep the Union and Confederate soldiers from drinking it all.
The change from farm land to suburban community
In 1910, a rail line was created between Louisville and Shelbyville which made it possible for workers to easily commute to their jobs in the larger city. As a result, the area began to change from a farming community to a suburban community. The rail line was discontinued in 1934 as workers increasingly began to use private automobiles for their commute. Currently, there is hardly any trace of the formerly rural environment.
Why Middletown residents need an estate plan
In order to ensure that your assets will be protected and distributed according to your wishes at the time of your death, then estate planning is necessary. If you don’t have an appropriate estate plan, drafted by a Louisville estate planning attorney, then your family will be left to deal with taxes, expenses and other legal issues. Not having an estate plan also means that the decisions regarding your estate may be left to a judge, instead of you making those decisions for yourself, ahead of time.
The basic benefits of estate planning
If you want to be sure your family will be taken care of in the future and prepared for what happens after you die, you need a plan. Estate planning provides a way to be prepared for unexpected incapacity as well. Planning ahead should be an important goal for everyone, not matter how small you believe your estate may be.
Constructing a plan gives you the advantage of identifying who you want to inherit your property when you die. A plan also helps you to reduce the potential estate taxes, which will ultimately benefit your family. In case you become temporarily or permanently incapacitated, your estate plan can provide the security you and your family will need, when you are incapable of making decisions on your own.
Estate planning is not only for the wealthy
Contrary to popular belief, estate planning is not only for people who have a lot of money or assets. Estate planning actually protects anyone who has anything they want to leave behind for the ones they love. Even the smallest estate should have a plan in order to protect not only the assets but also the beneficiaries who you want to receive them. One of the main reasons to have a plan in place is that most middle class families will have a serious challenge ahead when the family’s breadwinner is no longer there to provide support. If you have questions regarding estate planning contact Gersh Law Offices, P.S.C. for a complimentary consultation either online or by calling us at (502) 423-7023.