{"data":{"id":"us-ky/krs-396.155","jurisdiction":"us-ky","citation":"KRS 396.155","heading":"Payment of encumbrances.","body":"If any assets of the estate are encumbered by mortgage, pledge, lien, or secured interest,\nthe personal representative may pay the encumbrance or any part thereof, renew or extend\nany obligation secured by the encumbrance or convey or transfer the assets to the creditor\nin satisfaction of his lien, in whole or in part, whether or not the holder of the\nencumbrance has presented a claim, if it appears to be for the best interest of the estate.\nPayment of an encumbrance does not increase the share of the distr ibutee entitled to the\nencumbered assets unless the distributee is entitled to exoneration.","path":["KRS Chapter 396"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=36434","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:28Z","sha256":"c65d5ce6bb5d43364bf9c13e9a7283cf9c4e5a77bf6d875bf0d20929c7b8077b","source_id":"us-ky","stale":false,"prev":"us-ky/krs-396.150","next":"us-ky/krs-396.160"},"notice":"GroundRules: Original legal text. Not legal advice."}