KRS 140.120: Taxation of gifts to fiduciaries.

If a testator bequeaths or devises property to one (1) or more personal representatives or

trustees in lieu of their commissions or allowances, or makes them his legatees to an

amount exceeding the commissions or allowances prescribed by law, the excess in value

of property so bequeathed or devised above the amount of commissions or allowances

prescribed by law in similar cases shall be taxable.