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Kentucky Instruction to Jury as to Determining Value of Household or Personal Goods

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The owner of home furnishings and personal apparel which have been taken by a wrongdoer may recover the actual value to him of the items taken, excluding fanciful considerations, and is not limited to their second-hand value.

This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

Kentucky Instruction to Jury as to Determining Value of Household or Personal Goods is a set of guidelines provided to jurors in Kentucky courts to help determine the value of household or personal goods during legal proceedings. These instructions assist jurors in understanding the factors to consider when assessing the worth of such items. In Kentucky, there are several types of instructions available to the jury when determining the value of household or personal goods. These instructions may include: 1. Kentucky Instruction to Jury on Fair Market Value: This instruction guides the jury in determining the fair market value of household or personal goods. It explains that fair market value represents the price at which the item would change hands between a willing buyer and a willing seller, both having reasonable knowledge of the relevant facts, and with neither being under any compulsion to buy nor sell. 2. Kentucky Instruction to Jury on Replacement Cost: This instruction provides guidance on assessing the value of household or personal goods based on their replacement cost. It instructs jurors to consider the actual cost of replacing the item with a new one of similar quality and functionality. 3. Kentucky Instruction to Jury on Sentimental Value: This instruction informs the jury that certain household or personal items may hold sentimental value to the owner, which might not be encompassed by the fair market or replacement value. It advises jurors to consider such sentimental value when determining the overall worth of the goods. 4. Kentucky Instruction to Jury on Depreciation: This instruction educates the jury about the concept of depreciation and its impact on the value of household or personal goods. It explains that certain items might have decreased in value over time due to wear and tear, obsolescence, or other factors. Jurors are instructed to consider this depreciation when assigning a value to the goods. 5. Kentucky Instruction to Jury on Expert Testimony: This instruction highlights the importance of expert testimony in determining the value of household or personal goods. It advises jurors to give weight to testimony provided by qualified experts who possess specialized knowledge and experience in assessing the value of such items. 6. Kentucky Instruction to Jury on Agreed Value: This instruction informs the jury that in certain cases, the parties involved might have agreed upon a specific value for the household or personal goods. Jurors are instructed to consider this agreed value when reaching a decision. Overall, these Kentucky Instructions to Jury as to Determining Value of Household or Personal Goods aim to ensure a fair and accurate assessment of the worth of such items during legal proceedings.

Kentucky Instruction to Jury as to Determining Value of Household or Personal Goods is a set of guidelines provided to jurors in Kentucky courts to help determine the value of household or personal goods during legal proceedings. These instructions assist jurors in understanding the factors to consider when assessing the worth of such items. In Kentucky, there are several types of instructions available to the jury when determining the value of household or personal goods. These instructions may include: 1. Kentucky Instruction to Jury on Fair Market Value: This instruction guides the jury in determining the fair market value of household or personal goods. It explains that fair market value represents the price at which the item would change hands between a willing buyer and a willing seller, both having reasonable knowledge of the relevant facts, and with neither being under any compulsion to buy nor sell. 2. Kentucky Instruction to Jury on Replacement Cost: This instruction provides guidance on assessing the value of household or personal goods based on their replacement cost. It instructs jurors to consider the actual cost of replacing the item with a new one of similar quality and functionality. 3. Kentucky Instruction to Jury on Sentimental Value: This instruction informs the jury that certain household or personal items may hold sentimental value to the owner, which might not be encompassed by the fair market or replacement value. It advises jurors to consider such sentimental value when determining the overall worth of the goods. 4. Kentucky Instruction to Jury on Depreciation: This instruction educates the jury about the concept of depreciation and its impact on the value of household or personal goods. It explains that certain items might have decreased in value over time due to wear and tear, obsolescence, or other factors. Jurors are instructed to consider this depreciation when assigning a value to the goods. 5. Kentucky Instruction to Jury on Expert Testimony: This instruction highlights the importance of expert testimony in determining the value of household or personal goods. It advises jurors to give weight to testimony provided by qualified experts who possess specialized knowledge and experience in assessing the value of such items. 6. Kentucky Instruction to Jury on Agreed Value: This instruction informs the jury that in certain cases, the parties involved might have agreed upon a specific value for the household or personal goods. Jurors are instructed to consider this agreed value when reaching a decision. Overall, these Kentucky Instructions to Jury as to Determining Value of Household or Personal Goods aim to ensure a fair and accurate assessment of the worth of such items during legal proceedings.

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Kentucky Instruction to Jury as to Determining Value of Household or Personal Goods