{"data":{"id":"us-ky/krs-140.010","jurisdiction":"us-ky","citation":"KRS 140.010","heading":"Levy of inheritance tax -- Property affected -- When tax attaches.","body":"All real and personal property within the jurisdiction of this state and any interest therein\nbelonging to inhabitants of this state, all tangible personal property wherever situated\nbelonging to inhabitants of this state that has not acquired a situs for purposes of taxation\noutside of this state, all intangible property belonging to persons domiciled in this state\nexcept partnership property located in another state which is subject to an inheritance or\nestate tax in that state, all intangible property be longing to nonresidents that has acquired\na business situs in this state, all real property or interest therein within this state and all\ntangible personal property that has acquired a situs in this state and is not taxable\nelsewhere belonging to persons w ho are not inhabitants of this state, which shall pass by\nwill or by the laws regulating intestate succession, or by deed, grant, bargain, sale or gift\nmade in contemplation of death or made or intended to take effect in possession or\nenjoyment at or after  the death of the grantor or donor, absolutely or in trust, to any\nperson or to any body politic or corporate, in trust or otherwise, or by reason whereof any\nperson or body politic or corporate shall become beneficially entitled in possession or\nexpectancy to any property or to the income thereof, is subject to a tax upon the fair cash\nvalue as of the date of the death of the grantor or donor of the property in excess of the\nexemptions granted and at the rates prescribed in this chapter. This tax shall be imposed\nwhen any such person or corporation becomes beneficially entitled in possession or\nexpectancy to any property or the income thereof by any such transfer.","path":["KRS Chapter 140"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=28972","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:33Z","sha256":"73f132f4c25bcc47883dd1e4662af03a0fe4a0cddad02afc378353f34edffa17","source_id":"us-ky","stale":false,"prev":"us-ky/krs-14.318","next":"us-ky/krs-140.015"},"notice":"GroundRules: Original legal text. Not legal advice."}