This is shaping up to be a major ice storm for south-central Kentucky Monday night into Tuesday. There could be widespread power outages and downed power lines from ice-covered tree limbs. I would also expect widespread school cancellations (including WKU) since this has the potential to be devastating.
Ice storms are among the most difficult storms to forecast and the current storm is a challenge. I think the NWS has a pretty good read on this storm and you can read their forecast here. The HPC is showing >0.25″ of ice for both the Monday night and Tuesday time periods, which means ice totals could easily top 0.5 inches by Tuesday afternoon. The high end on ice accumulations is probably around an inch.
The other factor with this storm is the sheer amount of precipitation that may fall. Some of the models are showing that south-central KY could get more than 3 inches of rain from this storm.