™Your Policy Risk Impact Agent
7 chapters · 71 sections in this title.
Tenn. Code Ann. § 31-5-101 Equality in dividing estates
1.6K chars
(a) If an individual dies intestate as to all or a portion of the individual's estate, property the decedent gave during the decedent's lifetime to a child of the decedent is treated as an advancement against the child's intestate share only if:(1) The decedent declared in a cont…
Tenn. Code Ann. § 31-5-102 Collation of advancements generally
0.4K chars
All advancements, whether by settlement or otherwise, in the lifetime of deceased, or by testamentary provision, shall be collated and brought into contribution in the partition and distribution of the real and personal estate of the deceased; those in real estate, first in the p…
Tenn. Code Ann. § 31-5-103 Collation of excess over share
0.4K chars
Should the value of the advancements in real estate exceed the child's share, the overplus shall be collated and brought into contribution in the distribution of the personal estate, and should the value of the advancements in personal estate exceed the share of the child in the …
Tenn. Code Ann. § 31-5-104 Collation of property settled on child under power or trust
0.4K chars
Where a power or trust is granted to a parent to bestow property conveyed or settled by the instrument creating the power or trust, in favor of any one or more of the children of the parent, any property given under the power or trust to a child shall be collated and brought into…
