Estate Law Questions? Ask an Estate Lawyer.
Hello and welcome! My name is ***** ***** I will try my level best to help with your situation or get you to someone who can. There may be a slight delay in my responses as I research statutes and ordinances and type out an answer or reply, but rest assured, I am working on your question.
Can you tell me what other places are holding assets for son? (banks, brokers, etc.?)
Is there any land involved here?
Do you have an estimate for the value of the entire estate?
Ok, thank you for that information. With an estate that small, you can file a petition with the court for an order from the judge allowing you to receive the assets of the estate without opening a formal probate case.
Under Kentucky statute, if the estate of the decedent is sufficiently small as defined by §395.455, the personal representative of the decedent may receive, by order of the court, the assets of the estate without proceeding to a formal opening of an estate.
The limit is $15,000 so you are well under that and can file a petition with the court clerk in the county where son passed to get an order from the judge to give to anyone holding assets.
The local probate court clerk may have a template petition form for this so I would start with checking with them and ask them if they have a "small estate petition or affidavit" form.
You are very welcome. Glad to help any time..
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