Kentucky Abandonment of Married Person's Separate Homestead Following Reconciliation

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Multi-State
Control #:
US-02143BG
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Description

Generally, an owner is held to have abandoned his or her homestead when:


" the owner disposes of the property, or

" when he or she leaves with the intention, or

" forms the intention after leaving, of not returning and occupying it as a homestead.


Intent alone without actual removal from the premises does not establish a loss of the homestead right, but the right may be defeated by the owner's use of the property in a manner not contemplated by the homestead laws. In some jurisdictions, a homestead can be abandoned only by a declaration of abandonment by the husband and wife.


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FAQ

Legal separation is a legal remedy for couples suffering from a problematic marriage. In legal separation, the couple is allowed to live apart and separately own assets. However, legally separated couples are not permitted to remarry, since their marriage is still considered valid and subsisting.

Estate and probate laws in most jurisdictions are protective of spouses and Kentucky is no exception. You can't disinherit your spouse in this state if you try, legislation makes sure she receives something.

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.

Your ex-spouse can claim against your estate after you die if: Your spouse has not remarried or entered into a civil partnership. You did not reach a formal financial settlement, enter into a consent order excluding future inheritance claims, or obtain a clean break order.

How does the executor's year work? The executors have a number of duties to both creditors and beneficiaries during the administration of the deceased's estate. Starting from the date of death, the executors have 12 months before they have to start distributing the estate.

This means that you are free to set out who you want to benefit from your Estate in your Will and exclude anyone you don't want to inherit from you, including your children or even your spouse. So, technically you can disinherit anyone under your Will.

Wait Six Months (or sometimes longer) By law the Executor has to hold onto estate assets for six months from the date Probate is granted, and cannot pay out any money to the beneficiaries before this time is up.

A claim for reasonable financial provision must be made within six months after probate or letters of administration have been issued, although the court can extend this period in certain circumstances (eg if the applicant has not made an earlier claim because of negotiations with the executors or administrators).

The Spouse's Share in Kentucky In Kentucky, if you die without a will, your spouse will inherit property from you under a law called "dower and curtesy." Usually, this means that your spouse inherits 1/2 of your intestate property. The rest of your property passes to your descendants, parents, or siblings.

Settling the EstateThe 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. KRS A§395.610.

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Kentucky Abandonment of Married Person's Separate Homestead Following Reconciliation