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What does dispense with administration mean

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The document AOC-830 is a legal petition/order form used in the Commonwealth of Kentucky for dispensing with the administration of an estate when the decedent has left minimal assets. It outlines the necessary information about the decedent, including their date of death, social security number, and details regarding surviving family members or preferred creditors. The petitioner requests that the court transfer personal property to them or their designee without formal estate administration, provided that exemptions equal or exceed the estate's value.

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Does Kentucky issue letters of administration?

(4) If a will is afterwards produced and proved, the administration shall cease, and the court may grant a certificate of the probate of the will, or, in the proper case, letters of administration with the will annexed. Effective: July 15, 1982 History: Amended 1982 Ky.

Can an administrator of an estate sell property in Kentucky?

(1) The executors, or such of them as undertake the execution of the will, or, if all or more than one (1) undertake the execution of the will and part die or vacate the office, the residue or survivor, may sell and convey the land which the will directs or devises to the executor or to another person to be sold, or

What is a petition to dispense with administration in Kentucky?

Dispensing With Administration The law allows certain individuals to ask a District Court judge to direct the transfer of estate assets without the need for further court proceed- ings. KRS 395.450. This is known as dispensing with administration.

How long do creditors have to collect a debt from an estate in KY?

In Kentucky, creditors generally have eight months from the date of the decedents death or six months from the date of the executors appointment to submit claims to the estate (whichever happens earlier).

Does Kentucky issue letters of testamentary?

Once the will is proven valid in probate court, the executor must first request the court to be formally appointed as the personal representative of the state; the executor is then granted Letters Testamentary and can proceed with the distribution of assets ing to the wills provisions.

kentucky petition to dispense with administration

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How do I become an appointed administrator of an estate in KY?

(1) Before being appointed as executor, administrator, curator, or administrator with the will annexed, every person shall make and file in duplicate a written application under oath, which must state the names of the deceaseds surviving spouse and all of his heirs-at-law or such as are known, their post office

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