Kentucky Legislature Increases Surviving Spouse/Child Probate Exemption
By Donald M. Wakefield During the 2020 Regular Session, the Kentucky General Assembly passed House Bill 307, which was signed into law on March 17, 2020 and will take effect on July 15, 2020. HB 307 expands the surviving spouse’s exemption from $15,000 to $30,000. If a decedent has no...