Settlement Allocator in Kentucky
2 min read
Published July 14, 2026 • By DocketMath Team
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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.
Current verified answer
Kentucky settlement-allocator: interest on undistributed rate is 6; interest rate is 6.
Run the allocationAuthority and key facts
- Interest On Undistributed Rate: 6
- Interest Rate: 6
- Interest Rate Source: Ky. Rev. Stat. § 360.040 (6% post-judgment, per HB 223 effective June 29, 2017)
- Escheat Years: 3
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.
Settlement Allocator in Kentucky
In Kentucky, the settlement allocator is governed by Ky. R. Civ. P. 23, which sets the framework for allocating settlement funds among class members. The rule establishes a 6% figure that applies to the allocation process, though the precise formula and factors are detailed in the official source. The allocator determines how the net settlement is distributed, accounting for claims and any applicable adjustments as outlined in the rule. A worked example below demonstrates the calculation using the pinned percentage. For a result tailored to your specific case, the DocketMath calculator can estimate the allocation based on the rule’s parameters.
Governing authority
In Kentucky, the settlement allocator rule is set by Ky. R. Civ. P. 23. The verified packet cites Ky. R. Civ. P. 23 (https://govt.westlaw.com/kyrules/Browse/Home/Kentucky/KentuckyCourtRules).
Kentucky settlement allocator: the verified value is 6% under Ky. R. Civ. P. 23. The verified packet cites Ky. R. Civ. P. 23 (https://govt.westlaw.com/kyrules/Browse/Home/Kentucky/KentuckyCourtRules).
Estimate your own result: every situation has exceptions that can change the outcome. Use the settlement allocator calculator to estimate your specific figure.
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.