- (1) Except as provided in subsection (5) of this section, not less than ten (10) days prior to the date of the settlement hearing under KRS 395.620, the clerk of the court shall publish notice of the settlement pursuant to KRS Chapter 424.
(2) The notice required under subsection (1) of this section shall include the:
- (a) Name of the fiduciary;
- (b) Name of the trust;
- (c) Nature of the account; and
- (d) Date of hearing, with a statement that exceptions shall be filed before the hearing.
(3)
- (a) Notwithstanding the publication requirement under subsection (1) of this section, with the court's approval the fiduciary may, in lieu of the publication, send a written notice of the hearing to all unpaid creditors and distributees;
- (b) The notice shall be mailed at least ten (10) days before the date of hearing; and
- (c) The fiduciary shall file his or her affidavit that the notice has been mailed.
- (4) The actual cost of the notice, or the proportionate part of the notice, if more than one (1) settlement, shall be taxed as costs.
- (5) The provisions of this section shall not apply if the value of the trust or estate is two thousand five hundred dollars ($2,500) or less and the assets of the trust or estate are held in an account that may be accessed only upon order of the court.
Effective: July 15, 2026
History: Amended 2026 Ky. Acts ch. 134, sec. 26, effective July 15, 2026. -- Amended 2001 Ky. Acts ch. 21, sec. 1, effective June 21, 2001. -- Created 1976 (1st Extra. Sess.) Ky. Acts ch. 14, sec. 373, effective January 2, 1978.