{"data":{"id":"us-ky/krs-140.015","jurisdiction":"us-ky","citation":"KRS 140.015","heading":"Exemption of benefits from federal government arising out of military","body":"service.\n(1) The payment of any gratuity pay, death compensation or other award or benefit, by\nthe federal government, to the surviving spouse or heirs of any person by reason or\narising out of service by such person in the Armed Forces of the United States in\ntime of war shall not be considered a taxable transfer within the meaning of this\nchapter, and the amount paid shall not be considered in determining the value of any\ntaxable transfer.\n(2) Payments made to a beneficiary of the retired serviceman's family protection plan or\nsurvivor benefit plan shall not be considered a taxable transfer within the meaning\nof this chapter, and the amount paid shall not be considered in determinin g the\nvalue of any taxable transfer.","path":["KRS Chapter 140"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=28973","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:33Z","sha256":"7398802c23172c8c7e9741b69e4b31d419e4c2bc326e1ec4da5c1ae63dc093a1","source_id":"us-ky","stale":false,"prev":"us-ky/krs-140.010","next":"us-ky/krs-140.020"},"notice":"GroundRules: Original legal text. Not legal advice."}