Tennessee Waiver for Small Estate Affidavit is a document used in Tennessee for a decedent's estate with a value under $50,000. It is used to waive the requirement of a formal probate process, which can be expensive and time-consuming. The affidavit is completed by the legal representative of the decedent and is used to transfer the decedent's assets to the rightful heirs without involving the court. The affidavit must be notarized and filed with the clerk of the probate court. There are two types of Tennessee Waiver for Small Estate Affidavit: 1) Real Property Affidavit and 2) Personal Property Affidavit. The Real Property Affidavit is used to transfer real estate, such as land, buildings, and other real estate, to the rightful heirs. The Personal Property Affidavit is used to transfer personal property, such as bank accounts, vehicles, and other personal items, to the rightful heirs.
Tennessee Waiver for Small Estate Affadavit
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How to fill out Tennessee Waiver For Small Estate Affadavit?
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