Property Ownership
When a Kentucky property owner dies without a will and leaves a spouse and two children, the spouse's intestate share under Kentucky law is:
AOne-half of the estate✓ Correct
BOne-third of the estate
CThe entire estate
DOne-quarter of the estate
Explanation
Under Kentucky intestate succession law (KRS Chapter 392), when a decedent leaves a spouse and descendants, the surviving spouse typically receives one-half of the estate, with the remaining half distributed among the children.
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Key Terms to Know
Joint Tenancy
Co-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
State-Specific Concepts
DRE Regulation
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