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8 chapters · 464 sections in this title.
KRS § 389A.010 Jurisdiction of District Court -- Notice -- Adversary proceedings to be in Circuit Court
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Circuit Court. (1) Notwithstanding any other statutory limitation of the jurisdiction of the District Court: (a) Any trustee, guardian, conservator, or personal representative (hereinafter "fiduciary"), not otherwise possessing a power of sale, may move the District Court of the …
KRS § 389A.015 Order by District Court granting power to fiduciary
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(1) An order by the District Court granting a fiduciary power under KRS 389A.010 shall contain an adequate description of the property and shall recite that it is a final order. (2) The deed or mortgage from the fiduciary in exercise of the power granted shall recite in the sourc…
KRS § 389A.020 Limitation on power of fiduciary to sell or mortgage property -- Circuit clerk may alter
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clerk may alter. In the event the power of a fiduciary to sell or mortgage any real estate is expressly limited by the will or trust instrument under which he is acting, such limitation may only be altered or amended by the Circuit Court of the county wherein the fiduciary was ap…
KRS § 389A.025 Proceeds of sale or mortgage for benefit of persons entitled thereto
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The net proceeds of the sale or mortgage of real estate by a fiduciary shall be held, invested or distributed for the benefit of the persons who, but for the sale or mortgage, would be entitled to the income derived therefrom or the possession thereof, in accordance with law or t…