KRS 394.360: Conversion or removal of devised property not an ademption unless

intended.

(1) The conversion of money or property or the proceeds of property, devised to one (1)

of the testator's heirs, into other property or thing, with or without the assent of the

testator, shall not be an ademption of the legacy or devise unless the testato r so

intended; but the devisee shall have and receive the value of such devise, unless a

contrary intention on the part of the testator appears from the will, or by parol or

other evidence.

(2) The removal of property devised shall not operate as an adempt ion, unless a

contrary intention on the part of the testator is manifested in like manner.