§ 391.010 Descent of real estate
§ 391.020 Descent of real estate acquired from parent
§ 391.030 Descent of personal property — Exemption for surviving spouse and children — Withdrawal of money from bank by surviving spouse
§ 391.033 Limitation on right to estate if parent has abandoned care and maintenance of child
§ 391.035 District Court hearing to determine persons entitled to property passing by intestate succession
§ 391.040 Descendants of distributees take per stirpes
§ 391.050 Collaterals of the halfblood — Inheritance by
§ 391.060 Title may be inherited through alien
§ 391.070 Posthumous child — Inheritance by
§ 391.100 Children of illegal or void marriages considered as if born in lawful wedlock
§ 391.105 Determination of rights of intestate succession in the case of a person born out of wedlock
§ 391.120 Descendants have equal rights
§ 391.130 Descendants may recover annuity not fully earned at annuitant’s death
§ 391.140 Advancements — Effect on descendants’, widow’s, and widower’s share
§ 391.150 Contribution
§ 391.160 Authority of life tenant to invade corpus
§ 391.170 Commercial rights to use of names and likenesses of public figures
§ 391.210 Application
§ 391.215 Rebuttable presumptions
§ 391.220 Disposition upon death
§ 391.225 Perfection of title of surviving spouse
§ 391.230 Perfection of title of personal representative, heir, or devisee
§ 391.235 Purchaser for value or lender
§ 391.240 Creditors’ rights
§ 391.245 Acts of married persons
§ 391.250 Limitations on testamentary disposition
§ 391.255 Uniformity of application and construction
§ 391.260 Title
§ 391.300 Definitions
§ 391.305 Ownership as between parties and others — Protection of financial institutions
§ 391.310 Ownership during lifetime
§ 391.315 Right of survivorship
§ 391.320 Effect of written notice to financial institution
§ 391.325 Accounts and transfers nontestamentary
§ 391.330 Payment on signature of one party
§ 391.335 Payment after death or disability
§ 391.340 Payment of P.O.D. account
§ 391.345 Payment of trust account
§ 391.350 Discharge
§ 391.355 Set-off
§ 391.360 Written provisions for nonprobate transfer on death

Terms Used In Kentucky Statutes > Chapter 391

  • Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Appropriation: means an authorization by the General Assembly to expend, from public funds, a sum of money not in excess of the sum specified, for the purposes specified in the authorization and under the procedure prescribed in KRS Chapter 48. See Kentucky Statutes 446.010
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Bequest: Property gifted by will.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Dependent: A person dependent for support upon another.
  • Devise: To gift property by will.
  • Dower: A widow
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Federal: refers to the United States. See Kentucky Statutes 446.010
  • Fiduciary: A trustee, executor, or administrator.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Intestate: Dying without leaving a will.
  • Irrevocable trust: A trust arrangement that cannot be revoked, rescinded, or repealed by the grantor.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Partnership: includes both general and limited partnerships. See Kentucky Statutes 446.010
  • Per stirpes: The legal means by which the children of a decedent, upon the death of an ancestor at a level above that of the decedent, receive by right of representation the share of the ancestor
  • Personal estate: includes chattels, real and other estate that passes to the personal representative upon the owner dying intestate. See Kentucky Statutes 446.010
  • Personal property: All property that is not real property.
  • Probate: Proving a will
  • real estate: includes lands, tenements, and hereditaments and all rights thereto and interest therein, other than a chattel interest. See Kentucky Statutes 446.010
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
  • Statute: A law passed by a legislature.
  • Testate: To die leaving a will.
  • Testator: A male person who leaves a will at death.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.
  • Year: means calendar year. See Kentucky Statutes 446.010