What Tennessee Residents Need to Know About Inheritance Law
Welcome to the fastest and easiest way to find out about Inheritance Law in Tennessee. If someone you love has recently died, and you've been named as a beneficiary in a Will or a trust, or if you are an heir of someone who died without a Will or a trust, or if you've been named as an executor of a Will or trustee of a living trust, you can use this site to find out what you'll need to do to inherit or settle an estate or trust.
Here, you'll find clear and accurate information about how to inherit property, including:
- Whether or not Tennessee has an inheritance or estate tax
- How probate works in Tennessee
- Whether Tennessee's small estate procedure will allow you to avoid probate
- How to get a federal tax identification number for an estate or trust
- What taxes need to be filed after someone has died
- How capital gains are calculated on inherited property
- How to manage property inherited by minors
- How to inherit an IRAs and other retirement accounts in Tennessee
- How to inherit life insurance
- How to inherit joint tenacy property
- How to inherit payable-on-death accounts in Tennessee
- Who Inherits if a Spouse or Parent dies without a Will in Tennessee
Here are three things to keep in mind before you get started: