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Brochures
with this information are available at the
Probate Court Clerk's Office.
The
information below is not intended as a substitute for consultation
with an attorney. Consultation with an attorney is strongly encouraged
to avoid serious tax liability and/or invalidation of your will
for lack of compliance with the laws of the State of Tennessee. |
What is a Will?
A will is
a legal document by which you instruct what is to be done with your property
after your death. It must be properly signed and properly witnessed. Any
person who is of sound mind and is eighteen (18) years of age may make
a will in Tennessee.
What Happens If You Do Not
Have a Will?
If you die
without executing a will, Tennessee law will govern how your property
is distributed.
- If you are married
and without children at your death, your estate will pass entirely to
your surviving spouse.
- If you are married
and have children, your estate will pass to your children and your surviving
spouse.
- If you are unmarried
but have children, your estate will pass entirely to your children.
- If you are unmarried
and without children, your estate will pass to your parents if they
survive you, otherwise to your brothers and sisters.
- Ultimately, if
no family member is ascertained, the estate will pass to the State of
Tennessee.
What Should Be Included
In a Will?
Generally, your
will should:
- appoint a Personal
Representative (sometimes called an Executor or Executrix) to carry
out the terms of your will and the laws that apply to all estates;
- provide for how
you want your property to be distributed (include real estate, bank
accounts, savings bonds, stock, furniture and personal items). You should
consult an attorney about the advantages of setting up a trust to minimize
taxes and control how and when your property is received by the beneficiary.
Note: if you hold any property jointly with right of survivorship, the
joint tenant will automatically assume your interest in the property,
and therefore, the property should not be listed in your will as an
asset of your estate;
- appoint a guardian
for your minor or incompetent children to ensure their well-being;
- address any other
personal concerns, such as funeral arrangements and the like.
Is a Handwritten Will Legal?
Yes. A handwritten
will is legal in Tennessee, provided that the document is entirely in
your own handwriting and is signed by you. This is known as a "Holographic
Will." Following your death, the authenticity of your handwriting
must be proven by two (2) individuals.
A will is a very technical
document. While a handwritten will may work well for you, there is a high
likelihood that it may not work well for you. It is strongly recommended
that such a document be prepared by an attorney who has experience in
this area of law. If your will is invalidated at your death for whatever
reason, Tennessee law will govern how your property is distributed as
if you had died without a will.
How Do You Revoke Your Will?
Your will does
not take effect until your death, therefore you may revoke it at any time.
This may be accomplished by:
- physically destroying
it;
- by signing a document
expressly revoking your will; or
- by signing another
will
If you get divorced
after you sign your will, the will is automatically revoked as to any
provision concerning your ex-spouse. If you marry and have children after
signing your will, the entire will is automatically revoked. Therefore,
it is important to remember that after these events occur, a new will
must be drawn.
Other Related Considerations
Your may also
want to consider consulting an attorney about devising a "Living
Will" or a "Durable Power of Attorney for Health Care."
A "Living Will"
is a legal instrument that expresses your considered decision to refuse
medical attention should you become terminally ill and unable to communicate
your wishes.
A "Durable Power
of Attorney for Health Care" allows you to appoint a person to make
health care decisions for you should you be unable to do so for yourself.
Advance preparation
of these instruments could spare you and your family considerable pain.
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