{"id":373567,"date":"2016-03-31T21:35:22","date_gmt":"2016-04-01T02:35:22","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/state\/kentucky-law\/kentucky-marital-property-laws.html"},"modified":"2024-06-18T15:19:28","modified_gmt":"2024-06-18T20:19:28","slug":"kentucky-marital-property-laws","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/state\/kentucky-law\/kentucky-marital-property-laws.html","title":{"rendered":"Kentucky Marital Property Laws"},"content":{"rendered":"\n<div class=\"wp-container-core-columns-is-layout-9d6595d7 fl-sectionWithSidebar fl-container fl-flex fl-flex-wrap fl-gap30\">\n    \n    <div class=\"fl-page-articles fl-section-main fl-section-main-full-width\">\n        <h1 class=\"fl-no-margin-top\">Kentucky Marital Property Laws<\/h1>\n<section class=\"fl-gutenberg-byline\">\n    <div class=\"fl-gutenberg-byline-content\">\n                    By <a href=\"https:\/\/www.findlaw.com\/company\/our-team\/susan-buckner-j-d\/\">Susan Buckner, J.D.<\/a> | Legally reviewed by <a\n                href=\"https:\/\/www.findlaw.com\/company\/our-team\/susan-buckner-j-d\/\">Susan Buckner, J.D.<\/a>\n                | Last reviewed\n        <time>\n                            June 18, 2024\n                    <\/time>\n    <\/div>\n\n    \n    <details class=\"fl-gutenberg-byline-toggle fl-gutenberg-byline-legally-reviewed\">\n        <summary>\n            <i class=\"fl-gutenberg-byline-icon\" aria-hidden=\"true\"><\/i>\n            Legally Reviewed\n        <\/summary>\n\n        <div class=\"fl-gutenberg-byline-toggle-content\">\n            <p><em>This article has been written and reviewed for legal accuracy, clarity, and style by <a href=\"https:\/\/www.findlaw.com\/company\/our-team.html\">FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with <a href=\"https:\/\/www.findlaw.com\/company\/company-history\/editorial-policy.html\">our editorial standards<\/a>.<\/em><\/p>\n\n        <\/div>\n    <\/details>\n\n    <details class=\"fl-gutenberg-byline-toggle fl-gutenberg-byline-fast-checked\">\n        <summary>\n            <i class=\"fl-gutenberg-byline-icon\" aria-hidden=\"true\"><\/i>\n            Fact-Checked\n        <\/summary>\n\n        <div class=\"fl-gutenberg-byline-toggle-content\">\n            <p><em>The last updated date refers to the last time this article was reviewed by FindLaw or one of our <a href=\"https:\/\/www.findlaw.com\/company\/our-team\/contributing-authors.html\">contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please <a href=\"https:\/\/lawyers.findlaw.com\/?fli=bylinelink\" target=\"_blank\" rel=\"noopener\">contact an attorney in your area<\/a>.<\/em><\/p>\n\n        <\/div>\n    <\/details>\n<\/section>\n<p>Kentucky, like most other states, is an <a href=\"https:\/\/www.findlaw.com\/family\/divorce\/equitable-distribution.html\">equitable division<\/a> state. In equitable division states, property acquired during a marriage becomes marital property. During a divorce or legal separation, courts divide marital property fairly between the spouses, but not always equally.<\/p>\r\n<p>Nine states, including California and Texas, are <a href=\"https:\/\/www.findlaw.com\/family\/divorce\/community-property-overview.html\">community property<\/a> states. Family courts divide marital property 50\/50 in these states, regardless of which spouse acquired it. Each state has slightly different rules for the division of marital property during divorce.<\/p>\r\n<p>In Kentucky, marital property becomes important if a spouse dies <b>intestate<\/b> (without a will). Kentucky is one of three states still recognizing <a href=\"https:\/\/codes.findlaw.com\/ky\/title-xxxiv-descent-wills-and-administration-of-decedents-estates\/ky-rev-st-sect-392-020.html\" target=\"_blank\" rel=\"noopener\"><b>dower and curtesy<\/b><\/a> (KSR \u00a7 392). These laws allow a spouse to inherit one-half of the real property and one-half of the decedent\u2019s personal property. The surviving spouse is also entitled to a homestead exemption (Kentucky Statute 427.070), which gives them a life estate in the family home.<\/p>\r\n<p>Kentucky dower and curtesy laws apply only to real estate and personal property.<\/p>\r\n<p><i><b>Note:<\/b><\/i> <i>State laws are subject to change through the passage of new legislation, court rulings (including federal decisions), ballot initiatives, and other means. FindLaw strives to provide the most current information available. You should consult an attorney or conduct your own legal research to verify the state law(s) before making any legal decision.<\/i><\/p>\r\n<h2><b>Marital Property vs. Separate Property<\/b><\/h2>\r\n<p>In every state, all property acquired during a marriage becomes <a href=\"https:\/\/www.findlaw.com\/family\/marriage\/what-s-mine-is-mine-what-s-yours-is-mine-who-owns-what-in.html\"><b>marital property<\/b><\/a>. Kentucky divorce courts presume that everything bought, earned, or used during the marriage is a marital asset used for the benefit of the marriage. Therefore, courts attempt to divide it equitably between divorcing spouses.<\/p>\r\n<p>Marital property can include:<\/p>\r\n<ul>\r\n<li>Wages and income earned during the marriage, including rental income and accrued interest<\/li>\r\n<li>Retirement accounts and pension plans<\/li>\r\n<li>Property purchased with marital funds<\/li>\r\n<li>Joint bank accounts<\/li>\r\n<\/ul>\r\n<p><b>Separate property,<\/b> or non-marital property, is all property acquired before the marriage or after the date of the divorce filing. It may also be property that falls into one of five exceptions:<\/p>\r\n<ul>\r\n<li>Acquired during the marriage by gift, inheritance, or bequest<\/li>\r\n<li>Purchased or exchanged with property acquired before the marriage<\/li>\r\n<li>Acquired after a court order of legal separation<\/li>\r\n<li>Excluded in a valid <a href=\"https:\/\/www.findlaw.com\/family\/marriage\/prenuptial-agreements.html\">prenuptial agreement<\/a> or other legal agreement<\/li>\r\n<li>Passive income from separately owned property<\/li>\r\n<\/ul>\r\n<h2><b>Kentucky Marital Property Laws<\/b><\/h2>\r\n<p>In an equitable distribution state, judges can consider many factors when dividing property between the couple. Courts prefer close to equal property division. Judges will review the circumstances of each spouse during the division of assets.<\/p>\r\n<p>Some things judges may consider include the following:<\/p>\r\n<ul>\r\n<li>Duration of the marriage<\/li>\r\n<li>Economic circumstances of each spouse, including child custody and spousal support<\/li>\r\n<li>Marital contributions during the marriage, including homemaking and childcare<\/li>\r\n<li>Property value awarded to each spouse<\/li>\r\n<li>Any premarital agreements<\/li>\r\n<\/ul>\r\n<h3><b>Community Property Trusts<\/b><\/h3>\r\n<p>Kentucky isn\u2019t a community property state, but in 2020, Kentucky\u2019s legislature passed the Kentucky Community Property Trust Act (KRS <a href=\"https:\/\/codes.findlaw.com\/ky\/title-xxxiii-administration-of-trusts-and-estates-of-persons-under-disability\/ky-rev-st-sect-386-622.html\" target=\"_blank\" rel=\"noopener\">\u00a7 386.622<\/a>). This law allows couples to place some of their marital assets in a trust so executors can distribute them as community property in the event of one spouse\u2019s death.<\/p>\r\n<p>The Community Property Trust Act protects community assets from step-up taxes for estate planning purposes. It wasn\u2019t meant to create liabilities in a divorce case. Couples wanting to use this law to protect real estate or other property should get legal advice from a tax expert before making any property transfers.<\/p>\r\n<h2><b>Research the Law<\/b><\/h2>\r\n<ul>\r\n<li><a href=\"https:\/\/www.findlaw.com\/state\/kentucky-law.html\">Kentucky Law<\/a><\/li>\r\n<li><a href=\"https:\/\/www.findlaw.com\/state\/state-codes.html\">Official State Codes<\/a><\/li>\r\n<\/ul>\r\n<h2><b>Related Resources<\/b><\/h2>\r\n<ul>\r\n<li><a href=\"https:\/\/www.findlaw.com\/family\/divorce\/divorce-property.html\">Divorce and Property<\/a><\/li>\r\n<li><a href=\"https:\/\/www.findlaw.com\/estate\/wills\/inheritance-law-and-your-rights.html\">Inheritance Law and Your Rights<\/a><\/li>\r\n<li><a href=\"https:\/\/www.findlaw.com\/state\/kentucky-law\/kentucky-legal-requirements-for-divorce.html\">Kentucky Divorce Laws<\/a><\/li>\r\n<\/ul>\r\n<h2><b>Get Legal Advice From a Kentucky Divorce Attorney<\/b><\/h2>\r\n<p>Marital property rights are a cause of dispute during a divorce. If you\u2019re involved in a divorce and need advice about your marital property, contact a <a href=\"https:\/\/lawyers.findlaw.com\/family-law\/kentucky\/?fli=dcta\" target=\"_blank\" rel=\"noopener\">Kentucky family law<\/a> attorney for help with your case.<\/p>\r\n<div class=\"was-this-helpful\">\n    <div\n            class=\"was-this-helpful__question-container\"\n            aria-labelledby=\"was-this-helpful__question\"\n            role=\"group\"\n    >\n        <span\n                id=\"was-this-helpful__question\"\n                class=\"was-this-helpful__question fl-text-lg-bold\"\n        >Was this helpful?<\/span>\n        <button\n                class=\"was-this-helpful__button fl-text-sm\"\n                aria-label=\"Yes\"\n                value=\"yes\"\n        >\n            <span class=\"was-this-helpful__button-text fl-text-bold\">Yes<\/span>\n            <i class=\"was-this-helpful__button-icon\">\n                <svg width=\"22\" height=\"22\" viewBox=\"0 0 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11.8119 19.236 12.01 18.67 12H16M9.00003 14V18C9.00003 18.7956 9.3161 19.5587 9.87871 20.1213C10.4413 20.6839 11.2044 21 12 21L16 12V0.999995H4.72003C4.2377 0.994543 3.76965 1.16359 3.40212 1.47599C3.0346 1.78839 2.79235 2.22309 2.72003 2.7L1.34003 11.7C1.29652 11.9866 1.31586 12.2793 1.39669 12.5577C1.47753 12.8362 1.61793 13.0937 1.80817 13.3125C1.99842 13.5313 2.23395 13.7061 2.49846 13.8248C2.76297 13.9435 3.05012 14.0033 3.34003 14H9.00003Z\"\n                              stroke=\"#666666\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n                    <\/g>\n                    <defs>\n                        <clipPath id=\"clip0_604_3423\">\n                            <rect width=\"22\" height=\"22\" fill=\"white\"\/>\n                        <\/clipPath>\n                    <\/defs>\n                <\/svg>\n            <\/i>\n        <\/button>\n    <\/div>\n    <span class=\"was-this-helpful__taken-action fl-text-sm-bold\"><\/span>\n    <div 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<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>FindLaw provides detailed information on Kentucky marital property 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