Tennessee PROBATE - So Now You are A Personal Representative of An Estate
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How to fill out Tennessee PROBATE - So Now You Are A Personal Representative Of An Estate?
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FAQ
If an estate is valued at less than $25,000, there is no Will and the decedent was not married, in Tennessee, you can use the summary probate procedure. Note that the state does not have an Affidavit procedure for small estates.
If someone dies intestate in Tennessee with no surviving spouse or descendants, the first beneficiaries would be their parents, if they still live. The estate will be divided between both parents if they're alive or pass in entirety to one survivor. If no parents are alive, the estate then passes to any siblings.
Most of the time it is simply easier to appoint someone who is a Tennessee resident to serve as your personal representative. A resident who lived near the decedent has easier access to the Decedent's assets, and can work closely with the Tennessee probate lawyer who is guiding the administration of the estate.
There is not a major difference between an executor and a personal representative, as both are often used interchangeably. A judge appoints an executor to oversee a person's estate after they die. That includes administering their possessions and property.
Typically, the whole process of probate takes anywhere from six to twelve months.
In Tennessee, a state executor is sometimes also referred to as a "personal representative." ing to the Tennessee probate court, an executive is only entitled to "reasonable" compensation for their work settling an estate.