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As a 70-year-old single person residing in Kentucky I ask why our commonwealth does not yet have a Transfer on Death Deed law unlike 30 other states and Washington D.C.
The Uniform Simultaneous Death Act is a uniform act enacted in some U.S. states to alleviate the problem of simultaneous death in determining inheritance.. The Act specifies that, if two or more people die within 120 hours of one another, and no will or other document provides for this situation explicitly, each is considered to have predeceased the others.
In addition, a maximum amount, varying year by year, can be given by an individual, before and/or upon their death, without incurring federal gift or estate taxes: [4] $5,340,000 for estates of persons dying in 2014 [5] and 2015, [6] $5,450,000 (effectively $10.90 million per married couple, assuming the deceased spouse did not leave assets to ...
There is no estate tax in Kentucky. However, there is an inheritance tax that residents should be aware of when thinking about estate planning. There is also the federal estate tax to think about ...
Kentucky Channel on 68.2, World on 68.3 Madisonville: 35 31 WKMA-TV: PBS: satellite of WKLE. PBS Encore on 35.2, Kentucky Channel on 35.3, PBS Kids on 35.4 Morehead: 38 30 WKMR: PBS: satellite of WKLE. PBS Encore on 38.2, Kentucky Channel on 38.3, PBS Kids on 38.4 Murray: 21 17 WKMU: PBS: satellite of WKLE. PBS Encore on 21.2, Kentucky Channel ...
The Courier Journal will have a reporter and photographer in Letcher County today. Follow along for updates. Letcher County courthouse shooting: Ky. judge shooting stuns Letcher County.
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