# KRS § 140.010: 140.010 Levy of inheritance tax -- Property affected -- When tax attaches > Kentucky · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.010 ## Section - **Citation:** KRS § 140.010 - **Heading:** 140.010 Levy of inheritance tax -- Property affected -- When tax attaches - **Jurisdiction:** Kentucky - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** KY Code / Title XI / Chapter 140 / Section 140.010 ## Text 140.010 Levy of inheritance tax -- Property affected -- When tax attaches. All real and personal property within the jurisdiction of this state and any interest therein belonging to inhabitants of this state, all tangible personal property wherever situated belonging to inhabitants of this state that has not acquired a situs for purposes of taxation outside of this state, all intangible property belonging to persons domiciled in this state except partnership property located in another state which is subject to an inheritance or estate tax in that state, all intangible property belonging to nonresidents that has acquired a business situs in this state, all real property or interest therein within this state and all tangible personal property that has acquired a situs in this state and is not taxable elsewhere belonging to persons who are not inhabitants of this state, which shall pass by will or by the laws regulating intestate succession, or by deed, grant, bargain, sale or gift made in contemplation of death or made or intended to take effect in possession or enjoyment at or after the death of the grantor or donor, absolutely or in trust, to any person or to any body politic or corporate, in trust or otherwise, or by reason whereof any person or body politic or corporate shall become beneficially entitled in possession or expectancy to any property or to the income thereof, is subject to a tax upon the fair cash value as of the date of the death of the grantor or donor of the property in excess of the exemptions granted and at the rates prescribed in this chapter. This tax shall be imposed when any such person or corporation becomes beneficially entitled in possession or expectancy to any property or the income thereof by any such transfer. ## Nearby sections - [KRS § 140.010 140.010 Levy of inheritance tax -- Property affected -- When tax attaches](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.010.md) - [KRS § 140.015 140.015 Exemption of benefits from federal government arising out of military service](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.015.md) - [KRS § 140.020 140.020 Taxation of transfers made in contemplation of death -- Revocable trusts -- Presumption of contemplation -- When presumption does not apply](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.020.md) - [KRS § 140.030 140.030 Taxation of contracts in contemplation of death -- Proceeds of life insurance policies -- Exemptions](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.030.md) - [KRS § 140.040 140.040 Taxation of transfers by power of appointment -- When transfer deemed to take place -- Date as of which value of property determined -- Remainder interests -- Rates and exemptions](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.040.md) - [KRS § 140.050 140.050 Taxation of surviving owner of a joint interest](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.050.md) - [KRS § 140.060 140.060 Exemption of transfers to educational, religious and charitable institutions, and to cities and public institutions](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.060.md) - [KRS § 140.063 140.063 Exemption of annuities or other payments under employees' trusts -- Retirement annuities -- Individual retirement bonds, accounts, and annuities](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.063.md) - [KRS § 140.070 140.070 Inheritance tax rates](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.070.md) - [KRS § 140.080 140.080 Exemptions of inheritable interests](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.080.md) - [KRS § 140.090 140.090 Deductions allowed from distributive shares](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.090.md) - [KRS § 140.095 140.095 Credit in case same property passes again within five years](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.095.md) - [KRS § 140.100 140.100 Valuation of future and contingent estates -- Taxation of life estates -- Valuation of surviving spouse's interest in trust or life estate](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.100.md) - [KRS § 140.110 140.110 Taxation of contingent and defeasible estates](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.110.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_KY_TXI_C140_S140.010. Check the current official text before relying on it. Not legal advice.