Kentucky Small Estate Affidavit Form Aoc-830
Description
How to fill out Kentucky Summary Administration Package For Small Estates?
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FAQ
Step 1 Collect Information. Gather information about debts the estate owes, and assets it contains.Step 2 Prepare Affidavit. Download Form AOC-830 Petition/Order to Dispense with Administration and fill it out.Step 3 Get Affidavit Notarized.Step 4 File with District Court.
Settling the Estate The settlement may not be filed until at least six months from the date the personal representative was appointed. KRS §395.190. If settling the estate takes more than two years, a periodic settlement may be required.
If the estate's value is under the "small estates" limit in Kentucky, you can take advantage of a simplified probate procedure, often called a "summary probate." Instead of having a court hearing in front of a judge, you may need only to file a simple form or two and wait for a certain amount of time before
Kentucky offers a probate shortcut for "small estates." This makes it easier for survivors to transfer property left by a person who has died. You may be able to transfer a large amount of property using the following probate shortcut -- saving time, money, and hassle.
You can use the simplified small estate process in Kentucky if no will leaves personal property, and there is a surviving spouse and the value of property subject to probate is $15,000 or less, or if there is no surviving spouse and someone else has paid at least $15,000 in preferred claims. Ky. Rev. Stat.