Payable-on-Death (POD) Accounts and Creditors in Kentucky
Can payable-on-death (POD) accounts be used to pay estate creditors in Kentucky? Short answer: In Kentucky, payable-on-death (POD) and other beneficiary-designated accounts generally pass outside probate to the named beneficiary and are not administered as part of the decedent’s probate estate. That normally means creditors who present claims in probate cannot reach POD funds through […]
Read article →How to Open an Estate Bank Account in Kentucky Using an IRS EIN
Short answer Yes. If you are the personal representative (executor or administrator) appointed by a Kentucky probate court, you can open a separate estate bank account using the estate’s Employer Identification Number (EIN). You generally must first obtain court authority (letters testamentary or letters of administration), request an EIN for the estate from the IRS, […]
Read article →Kentucky: What Happens When a Creditor Files After the 90‑Day Notice Period
How Kentucky probate handles late creditor claims: what you need to know Not legal advice. This article explains general Kentucky probate rules and is for informational purposes only. Consult a licensed Kentucky attorney about your specific situation. Detailed Answer — Understanding how late creditor claims are treated in Kentucky probate When someone dies in Kentucky, […]
Read article →Claiming Your Inheritance in Kentucky When a Parent Dies Without a Will
Detailed answer If your mother died without a will in Kentucky, her property will pass under Kentucky's intestate succession rules and through the probate process. The practical question is not just who inherits, but how you formally claim your share. Below is a step‑by‑step explanation of what typically happens and what you should do to […]
Read article →Kentucky: Surviving Spouse Rights When a Spouse Dies Without a Will
What rights does a surviving spouse have in Kentucky when a spouse dies without a will and the deceased’s family is cutting you out? Short answer: As the surviving spouse of someone who died intestate (without a will) in Kentucky, you have important legal rights — including priority to serve as the estate’s administrator, a […]
Read article →How to Get Appointed Administrator of a Deceased Spouse's Estate in Kentucky
Can I be appointed the estate administrator when my spouse died intestate in Kentucky? Short answer: Yes—if your spouse died without a will (intestate), Kentucky probate law generally gives the surviving spouse priority to serve as the personal representative (often called an administrator). If the decedent’s family refuses to cooperate, you can ask the probate […]
Read article →Kentucky: How to Claim Surplus Funds After a Foreclosure of a Deceased Parent's Property
How to recover surplus sale proceeds from a foreclosed home of a deceased parent (Kentucky) Detailed Answer This guide explains, in plain language, how to try to recover surplus (also called overage or excess) funds after a foreclosure sale of a deceased parent’s property in Kentucky when the parent’s estate was never opened in probate. […]
Read article →Kentucky: Recovering Surplus Funds — When Probate Is Required
Recovering sale surplus after a property sale: how authority to collect works in Kentucky Short answer: If the property owner is alive and has capacity, they can claim surplus funds directly. If the owner died, you generally need legal authority to collect surplus funds on the decedent’s behalf. That authority can come from probate (appointment […]
Read article →How to Transfer an Inherited Single‑Member LLC Interest in Kentucky
Detailed Answer Short answer: After probate, an heir or beneficiary can receive the economic value of a decedent’s single‑member LLC interest, but whether that person automatically becomes a full member (with management rights and liability protections) depends on the LLC’s operating agreement and Kentucky law. To complete the transfer you will normally need probate authority […]
Read article →Kentucky: What Secretary of State Paperwork Proves a Family Member Was the Sole Member of an LLC
How to show a bank that a deceased family member was the sole member of their LLC (Kentucky) Short answer From the Kentucky Secretary of State you should obtain a certified copy of the LLC's Articles of Organization (formation document) and a Certificate of Existence (often called a Certificate of Good Standing). If the Articles […]
Read article →