Is there a Kentucky statute for the executor to prepare an inventory of assets?
Full Question:
Is there a KY statutes # for the executor to prepare an inventory of assets? I was informed at the attorney's office, there wasn't any law that required me to have this information. I am an heir to my Mother's estate. I have never been notified of any court dates to settle her estate. This has been all hush hush from the beginning with my brother and the attorney.
06/05/2007 |
Category: Wills and Estates |
State: Kentucky |
#6201
Answer:
The following is a KY statute:
395.250 Inventory -- When to be returned -- Copies are evidence.
It shall be the duty of a personal representative of a decedent to return an inventory in
duplicate within two (2) months from the time of qualifying as such, to the clerk's office
of the court in which he qualified, the original of which shall be recorded by the clerk and
the duplicate shall be mailed by the clerk to the secretary of revenue. Copies from the
record of the inventory or appraisement shall be prima facie evidence for or against such
representative.