{"data":{"id":"us-ky/krs-395.200","jurisdiction":"us-ky","citation":"KRS 395.200","heading":"Sale of personal property by fiduciary.","body":"At any time after the appointment of a fiduciary, the fiduciary, when satisfied that it\nwould be for the best interests of the estate, may sell, at public or private sale, at the best\nprice obtainable, and for cash or on such terms as the fiduciary may determine, any part or\nall of the personal property belonging to the estate, including dividend -paying and\ninterest-bearing securities, except:\n(1) Such tangible personal property as has been set apart to the surviving spouse as\nexempt.\n(2) Property specifically bequeathed, when sale of such property is not necessary for the\npayment of debts, provided that such property may be sold with the consent of the\nperson entitled thereto.\n(3) Property as to which distribution in kind has been demanded prior to the s ale by the\nsurviving spouse or other beneficiary entitled to such distribution in kind, or\nproperty which the court may determine to be suitable for distribution in kind.\n(4) Property, the sale of which is contrary to the wish of the testator, as shown by  his\nwill, unless the court finds that the sale is necessary to pay debts, funeral and burial\nexpenses, taxes, and costs of administration, or that the retention of it will probably\ncause great loss to the estate.","path":["KRS Chapter 395"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=36337","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:26Z","sha256":"e6cc84aa4431b69a305cccb88b3cfca97aae6659d5adfbc6f77132e2ba3dc580","source_id":"us-ky","stale":false,"prev":"us-ky/krs-395.197","next":"us-ky/krs-395.210"},"notice":"GroundRules: Original legal text. Not legal advice."}