Jane Wilson Kincaid, 68, vice chairwoman of Central Bank and Trust Co., died Monday.
Luther Deaton, president and CEO of Central Bank, said he'll remember Ms. Kincaid as a generous and caring woman who also was "very private."
She and her twin sister, Joan Kincaid, vice chairwoman of the bank's holding company, Central Bancshares, have been good to him and the bank's employees, Deaton said.
"They love the bank, they love the employees, they love the customers and they love the community that our banks serve," he said. "I couldn't work for two better people."
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Ms. Kincaid was the daughter of the late Garvice and Nelle Kincaid. She had two sons, Brett and Kevin, Deaton said.
As the daughter of Garvice Kincaid, Ms. Kincaid was at the center of an eight-year legal battle over his estate that ended in the early 1990s. Garvice Kincaid, who died in November 1975, owned 22 banks in Florida and Kentucky, radio and television stations, finance and insurance companies and extensive real estate holdings.
She and her sister fought to depose a three-member advisory committee that had controlled the estate's key assets, which totaled as much as $100 million. Under an out-of-court settlement, the three members of the committee resigned and were replaced by the Kincaid sisters and Michael Foley, a Lexington accountant and adviser to the pair.
"I'm pleased by the resignation of those three men," Ms. Kincaid said at the time. "I've watched for 17 years as they destroyed all that my father built. I've been living a nightmare. Now, I want to put this all behind us and move on."
By the time of the settlement, the estate looked vastly different. Kentucky Central Life had been taken over by the state insurance department because of massive losses on real estate. It was later declared insolvent.
The company that owned WKYT (Channel 27) and WVLK-590 also was being sold, and Kentucky Finance Co. had already been sold.
What the sisters were left with, though, included a strong ownership of Central Bank, and over the years, it has grown and flourished, Deaton said.
A year and a half after the sisters took over, Deaton said, they hand-picked him to become president at a time when he was working as a loan officer.
He said Ms. Kincaid loved working with plants and flowers, particularly orchids. She was a supporter of Big Brothers Big Sisters and was active in the Kincaid Foundation, which gives scholarships each year to college-bound students.
Ms. Kincaid was a graduate of Stephens College and the University of Kentucky and was inducted into the UK Gatton College of Business and Economics Hall of Fame in 2008.
Visitation is 5-8 p.m. Friday at Milward Funeral Home on Broadway. Services will be private.