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If you have a larger estate, you can avoid a long and expensive probate process by using a technique of asset transfer called a Living Trust. A document called a “trust document”, which is similar to a Will, is created which names a person who will control the trust.

Bank accounts, life insurance policies, investment accounts, retirement accounts, and other assets with designated beneficiaries aren't included in Kentucky probate. Because they're earmarked for specific heirs, the assets pass directly to their beneficiaries.

Request the Accounting: Beneficiaries have the right to request an accounting from the executor or trustee. Legal Action: If the executor still refuses to provide the accounting, beneficiaries can petition the court to compel the executor.

As a beneficiary, you are entitled to review the trust's records including bank statements, the checking account ledger, receipts, invoices, etc. Before the trust administration is complete, it is recommended you request and review the trust's records which support the accounting.

To be nominated to be the Executor of a Will imposes upon the person so appointed a fiduciary duty to adhere to the terms of the Will in conformity with California law. That duty can impose personality liability upon the Executor should he or she fail to perform as required.

At the time of distribution, the beneficiary has a right to a full accounting of the estate by the personal representative (the executor or administrator). If the personal representative does not provide this accounting to the beneficiary, the beneficiary can ask the court to compel an accounting.

In Kentucky, estates with a value exceeding $30,000 in probate assets are generally subject to the probate process and must be administered through the probate courts.

Provide Supporting Documents Along with the title transfer form, you will need to submit additional supporting documents, such as the death certificate, the deceased person's will (if applicable), and any other relevant legal documents.

In Kentucky, you can make a living trust to avoid probate for virtually any asset you own?real estate, bank accounts, vehicles, and so on. You need to create a trust document (it's similar to a will), naming someone to take over as trustee after your death (called a successor trustee).