Form 92A936 Election to Qualify Terminable Interest Property and / or Power of Appointment Property - Kentucky

What Is Form 92A936?

This is a legal form that was released by the Kentucky Department of Revenue - a government authority operating within Kentucky. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 92A936?
A: Form 92A936 is a form used in Kentucky for electing to qualify terminable interest property and/or power of appointment property.

Q: What is terminable interest property?
A: Terminable interest property is property that will terminate or fail to qualify for a marital deduction under federal estate tax laws.

Q: What is power of appointment property?
A: Power of appointment property is property where a person has the power to direct who will be the owner of the property.

Q: When should Form 92A936 be filed?
A: Form 92A936 should be filed within nine months after the decedent's date of death or within six months after the date of qualification of a domiciliary personal representative.

Q: Who should file Form 92A936?
A: The trustee or personal representative should file Form 92A936 if they want to qualify terminable interest property and/or power of appointment property.