Ky. Rev. Stat. » Chapter 292
Kentucky Revised Statutes

Ky. Rev. Stat. § 292.6507 (2026)

Ownership on death of owner

✓ current as of May 2026
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On death of a sole owner or the last to die of all multiple owners, ownership of securities registered in beneficiary form passes to the beneficiary or beneficiaries who survive all owners. On proof of death of all owners and compliance with any applicable requirements of the registering entity, a security registered in beneficiary form may be reregistered in the name of the beneficiary or beneficiaries who survived the death of all owners. Until division of the security after the death of all owners, multiple beneficiaries surviving the death of all owners hold their interests as tenants in common. If no beneficiary survives the death of all owners, the security belongs to the estate of the deceased sole owner or the estate of the last to die of all multiple owners. Effective: August 1, 1998 History: Created 1998 Ky. Acts ch. 407, sec. 7, effective August 1, 1998.

Notes of Decisions
Cited in 2 cases (1 in the last 5 years), 2015–2023 · leading case: Est. of McVey v. Dep't of Revenue, 480 S.W.3d 233 (Ky. 2015).
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Est. of McVey v. Dep't of Revenue, 480 S.W.3d 233 (Ky. 2015). “KRS 292.6507. The transfer “is effective by reason of the contract regarding the registration be,tween the owner and the registering entity and KRS 292.”
Donald Joe Sharp v. Samuel L. Sharp (Ky. Ct. App. 2023). · cites it 2× “Securities Account 2600 is governed by KRS 292.6507, which states that “[o]n death of a sole owner or the last to die of all multiple owners, ownership of securities registered in beneficiary form passes to the beneficiary or beneficiaries who survive all owners.”
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