Kentucky Revised Statutes Title XXXIII. Administration of Trusts and Estates of Persons Under Disability § 389A.025.Proceeds of sale or mortgage for benefit of persons entitled thereto

The net proceeds of the sale or mortgage of real estate by a fiduciary shall be held, invested or distributed for the benefit of the persons who, but for the sale or mortgage, would be entitled to the income derived therefrom or the possession thereof, in accordance with law or the will or trust under which he is acting.