Detailed Answer
Under Kentucky law, a personal representative (formerly called an executor or administrator) must keep heirs informed and perform specific duties from qualification through final distribution. Below is an overview of the key obligations:
- Notice of Probate
Within 30 days of qualifying, the personal representative must notify heirs and beneficiaries of the probate proceeding. See KRS 396.270 and KRS 396.275. For more detail, visit KRS Chapter 396. - Inventory and Appraisal
Within three months after qualification, the representative must file an inventory of the estate’s assets and an appraisal with the court. He or she must also provide each heir a copy of the inventory. See KRS 396.300. - Claims and Debts
The representative must publish notice to creditors and mail personal notices to known creditors. Kentucky law gives creditors up to one year to file claims. See KRS 396.270 and KRS 396.275. - Accountings
The representative must keep accurate records of all receipts, disbursements, and transactions. Before distributing assets, he or she must file a final accounting with the court and serve it on heirs. See KRS 396.550. - Distribution
After debts are paid and the court approves the final accounting, the representative may distribute remaining assets to heirs according to the will or Kentucky’s intestacy rules (KRS Chapter 391). See KRS Chapter 391 for intestate succession.
Disclaimer: This article is for educational purposes only and does not constitute legal advice. Consult a licensed attorney for guidance on your specific situation.
Helpful Hints
- Keep copies of all court filings, notices and financial records in one organized file.
- Send proof of notice (mail receipts or affidavits) to the court and retain copies for your records.
- Track deadlines carefully: inventory due in three months, notice to creditors within one year.
- Communicate regularly with heirs—set expectations about timeline and potential delays.
- Obtain receipts when paying debts or distributing assets to avoid future disputes.
- Consider hiring a probate attorney if estate assets are complex or conflicts arise.