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2012 Kentucky Revised Statutes
CHAPTER 396 CLAIMS AGAINST DECEDENTS' ESTATES
396.125 Deduction of counterclaim.


KY Rev Stat § 396.125 (2012) What's This?

Download as PDF 396.125 Deduction of counterclaim. In allowing a claim the personal representative may deduct any counterclaim which the estate has against the claimant. In determining a claim against an estate a court shall reduce the amount allowed by the amount of any counterclaims and, if the counterclaims exceed the claim, render a judgment against the claimant in the amount of the excess. A counterclaim, liquidated or unliquidated, may arise from a transaction other than that upon which the claim is based. A counterclaim may give rise to relief exceeding in amount or different in kind from that sought in the claim. Effective: July 15, 1988 History: Created 1988 Ky. Acts ch. 90, sec. 18, effective July 15, 1988.

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