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In Tennessee, there is no set minimum estate value for probate.
If a person passes away without leaving a will in Tennessee, the real property they owned is immediately transferred to their heirs.
Probate in Tennessee can take anywhere from six to twelve months. Here's what you need to know about the process. The death of a loved one is always difficult, particularly if you're named as an estate executor.
The court issues this person "letters testamentary," which give the person authority to take charge of estate assets. If there's no will, a family member?usually the surviving spouse or grown child?asks the court to be appointed as administrator, and the court issues "letters of administration."
Once the executor receives authority to manage the estate, they have 60 days to file an inventory of the estate with the probate court. Creditors then have up to 12 months to enter their claims on the record. An interested party may object to the creditor's claim and request a jury trial or hearing within 30 days.