Are Transfer on Death (TOD) Deeds Valid in Tennessee?
In short, no. But that doesn’t mean a person has to go through the full probate process in order to inherit real property in Tennessee.
If someone dies and the only thing they own is real estate and some personal possessions, meaning they have no bank accounts, stocks or bonds, retirement accounts, or other similar assets, a beneficiary can claim title to the real estate in a very simple proceeding versus a full probate process.
Should I Use a Will or a Trust For My Estate Planning?
This is a question estate planning attorneys hear almost every day. The answer to this question is pretty typical of lawyers: “It depends.” In this post, we’ll give you some things to think about before you meet with a lawyer.
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- Estate Planning
- Revocable Living Trust
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- Business Law
- Tennessee Business Law
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