{"data":{"id":"us-ky/krs-140.120","jurisdiction":"us-ky","citation":"KRS 140.120","heading":"Taxation of gifts to fiduciaries.","body":"If a testator bequeaths or devises property to one (1) or more personal representatives or\ntrustees in lieu of their commissions or allowances, or makes them his legatees to an\namount exceeding the commissions or allowances prescribed by law, the excess in  value\nof property so bequeathed or devised above the amount of commissions or allowances\nprescribed by law in similar cases shall be taxable.","path":["KRS Chapter 140"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=28989","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:33Z","sha256":"0d5a01cf5abc1c855c51733ec0b35f4ca76ffe16e5c8f3c7b02b1bc34b7b026d","source_id":"us-ky","stale":false,"prev":"us-ky/krs-140.110","next":"us-ky/krs-140.130"},"notice":"GroundRules: Original legal text. Not legal advice."}