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Written by Dianne Rosell
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Last Updated December 15, 2008 |
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In general, when someone dies, the estate must go through probate which can be a complicated and lengthy process. But many states provide less complicated options for smaller estates. Kentucky law provides for simplified probate when an person dies without a will and the value of the personal property or money on hand less funeral expenses, charges of administration, and debts does not exceed $15,000. If there is a surviving spouse or children, the estate shall be exempt from regular estate administration. |
