Is Kentucky a common law or community property state?
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Is Kentucky a common law or community property state?
States have two main ways of dividing marital property, equitable distribution or community property. Kentucky is in the majority as an equitable distribution or common law state. This means marital property isn’t automatically assumed to be owned by both spouses and therefore should be divided equally in a divorce.
Is there a common law marriage in the state of Kentucky?
Kentucky does not recognize common law marriages. If you and your wife want to be considered as a married couple, you need to actually get married.
Who is next of kin 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.
Is a handwritten will legal in KY?
Kentucky recognizes holographic, or handwritten, wills; such a will must be entirely in the testator’s handwriting and signed and dated by the testator in order to be valid.
