Tip's practice consists primarily of advising on trust and estate matters, gift and estate tax planning, and closely-held business matters, including succession planning. Tip represents professionals, executives and business owners in connection with their tax, estate and business planning needs, as well as trust companies and individuals who are serving as fiduciaries of estates and trusts.
Education & Credentials
Education
Wake Forest University
B.A., Political Science, 1973University of Louisville School of Law
J.D., 1980- Research Editor, Journal of Family Law University of Louisville School of Law (1979)
- Dean's List (1977-1979)
University of Miami School of Law
LL.M., Tax, 1981Bar Admission
Acknowledgements
- American College of Trust & Estate Counsel
- Fellow
- Kentucky Super Lawyers®
- Estate Planning & Probate, 2007-2021
- The Best Lawyers in America®
- Trusts & Estates, 2006-2024
- "Lawyer of the Year," Trusts and Estates, 2016, 2024
- Chambers USA High Net Worth
- "Top Ranked," 2017-2023
- Kentucky Bar Association
- Legislative Committee, Probate and Trust Law Section
- Bluegrass Estate Planning Council
- President,1990
- PNC Bank Central Kentucky Trust Operations
- Vice President and Trust Officer, 1985-1988
Professional Involvement
- Fellow, American College of Trust and Estate Counsel
- Fayette County Bar Association
- Kentucky Bar Association, Chair of the Probate and Trust Law Section, 2014-2015
- Florida Bar Association
Community Involvement
- Governing Board, Kentucky Historical Society
- Board of Directors, Junior Achievement of the Bluegrass
- Board of Directors and Second Vice-President, Kentucky Historical Society Foundation, Inc.
- Fellow, Kentucky Bar Association Foundation
- Participant, Leadership Kentucky 2002
- Member and Past President, Bluegrass Estate Planning Council
- Deacon and Elder, First Presbyterian Church
- Past President, Wake Forest University Alumni Club of Kentucky
- Idle Hour Country Club
- Lexington Club
- Keeneland Club
Military Service
- Active Duty, United States Army (1973-1977)
- United States Army Reserve, JA, LTC (1977-1997)
Publications/Presentations
- "Do I Need to Make a Large Gift Now?" DW Tax Blog, Sept 2020
- ”Federal Gift, Estate Tax and Generation-Skipping Transfer Tax Exemptions and the Gift Tax Annual Exclusion Amount Are Subject to Annual Increase for Inflation," DW Tax Blog, January 30, 2017
- “The End to Discounts for Transfers of Interests in Family Business Entities,” DW Tax Blog, August 22, 2016
- "Estate Planning and Retirement Plans," University of Louisville, Louis D. Brandeis School of Law, 2008
- "Business Succession Planning: Selective Strategies," University of Louisville, Louis D. Brandeis School of Law, 2007
- "Kentucky Principal and Income Act" Seminar presented to Midwest/Midsouth Estate Planning Institute, University of Kentucky, College of Law, 2004
- "Selected Asset Protection Techniques" Seminar presented to Estate Planning Institute, University of Louisville, Louis D. Brandeis School of Law, 2004
- "Estate Planning for Blended Families" Seminar presented to Estate Planning Institute, University of Louisville, Louis D. Brandeis School of Law, 2003
- "Federal Gift, Estate and GST Tax Aspects of EGTRA 2001, Split Dollar Insurance, Planning for Blended Family, Asset Protection, Business Succession Planning" Seminar presented to Bluegrass Certified Public Accountants CPE Study Group, 2003
- "Federal Gift, Estate and GST Tax Aspects of EGTRA 2001, Qualified Plan Distribution Rules, Asset Protection and LLCs, and Business Succession Planning" Seminar presented to Merrill Lynch, Hilliard Lyons, National City Bank and Traditional Bank, 2001
- "Business Succession Planning" Seminar presented to Bluegrass Estate Planning Council, April 3, 2001
- "Estate Planning for the Realtor" presented to Lexington- Bluegrass Association of Realtors, March 31, 1999
- "The Estate Planning Course" sponsored by PESI, 1996, 1997, 1998, 1999, 2000, 2001 and 2002
- "Estate and Business Planning" presented to Home Builders Association of Lexington, February 26, 1997
- "Use of Charitable Remainder Trusts in Estate Planning" presented to Lexington Clinic, February 21, 1995