{"data":{"id":"us-ky/krs-140.230","jurisdiction":"us-ky","citation":"KRS 140.230","heading":"Deduction of taxes from interest less than fee -- From legacy charged on","body":"real property.\n(1) When any interest in property less than an estate in fee is devised or bequeathed to\none or more beneficiaries with remainder to others, and the interest of on e or more\nbeneficiaries is subject to any of the taxes levied by this chapter, the personal\nrepresentative shall deduct the tax upon such taxable interests from the whole\nproperty thus devised or bequeathed. Whenever property other than money is so\ndevised or bequeathed he may, unless the taxes upon all the taxable interests are\npaid by the beneficiaries when due, be authorized to sell the property or such\nportion thereof as may be necessary, as provided in KRS 140.220, and having\ndeducted the unpaid taxes on the taxable interests from the proceeds of the sale, he\nshall account for the balance in lieu of the property sold, as in other cases.\n(2) If a legacy subject to the tax is charged upon or payable out of real property, the heir\nor devisee, before paying the legacy, shall deduct the tax therefrom and pay it to the\npersonal representative or trustee. The payment of this tax shall be enforced in the\nsame manner as the payment of a tax on a direct legacy could be enforced.","path":["KRS Chapter 140"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29005","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:33Z","sha256":"9ce94060db6c314eae44a85f3c58df60845343d01edaad5d4f26dca933bdf013","source_id":"us-ky","stale":false,"prev":"us-ky/krs-140.224","next":"us-ky/krs-140.240"},"notice":"GroundRules: Original legal text. Not legal advice."}