397.1004 Co-owner with right of survivorship -- Requirement of survival by one
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/ky/397-1004A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
hundred twenty
(120)hours. Except as provided in KRS 397.1006:
(1)If it is not established by clear and convincing evidence that one
(1)of two
(2)co-
owners with right of survivorship survived the other co-owner by one hundred
twenty
(120)hours, one-half (1/2) of the property shall pass as if one
(1)had
survived by one hundred twenty
(120)hours and one-half (1/2) as if the other had
survived by one hundred twenty
(120)hours.
(2)If there are more than two
(2)co-owners and it is not established by clear and
convincing evidence that at least one
(1)of them survived the others by one
hundred twenty
(120)hours, the property shall pass in the proportion that each bears
to the whole number of co-owners.