Kentucky Recording Laws For 2018

State:
Kentucky
Control #:
KY-AOC-040
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PDF
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Description

This Waiver of Recording is an official form used by the Commonwealth of Kentucky, and it complies with all applicable state and Federal codes and statutes. USLF updates all state and Federal forms as is required by state and Federal statutes and law.

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FAQ

How much does an estate have to be worth to go to probate in Connecticut? In the state of Connecticut, the minimum value of the deceased's assets is $40,000.

In Connecticut, if a decedent had no solely owned real estate and the total value of all of the decedent's personal property does not exceed $40,000, the small estates procedure may be used. The small estates procedure is a simplified method of settling an estate that avoids formal probate proceedings.

Step 1 ? Inventory Assets. Step 2 ? Fill out Form PC 212. Step 3 ? File the Forms. Step 4 ? Await Distribution. Connecticut Jurisdiction. Petitioner Status. Expenses And Claims.

Connecticut law defines it as a probate estate where the decedent's tangible and intangible personal property does not exceed $40,000. ?Tangible? property refers to physical items, such as a car or furniture; while ?intangible? property includes non-physical assets like bank accounts.

Connecticut allows small estate affidavits to be filed electronically here. Alternatively, the forms may also be filed in person using this Court Locator. If Filing Form PC-212 in person, make sure to have two notarized copies to submit.

1) A petitioner filing a PC-212, Affidavit in Lieu of Probate of Will/Administration, may use this form to request an order of distribution if (a) assets exceed expenses and claims or (b) a person who paid expenses or claims waives reimbursement for payment of the expense or claim.

The answer is YES. If the total assets left by a decedent in his or her name alone do not exceed $40,000 and do not include real estate, a simpler small estate procedure can be used. The decedent may own assets exceeding $40,000 if they are in joint name(survivorship) and still qualify for this small estates.

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Kentucky Recording Laws For 2018