Legal Question in Real Estate Law in Kentucky

Re: Homestead act

I am not sure what you are referring to. Kentucky has a "Homestead Exemption" which allows a property tax exemption up to a certain amount for those over 65. I do not know of any provision that would limit liabiltiy or acess to assets in a court action. Between a husband and wife there is a way to hold property where it is difficult for a creditor of one of the couple to get to the property as long as they are married ("by the entirities"). You need to ask this question to local counsel so that he/she can flesh out the facts.