Fillable Tennessee Small Estate Affidavit Document Modify Form Now

Fillable Tennessee Small Estate Affidavit Document

The Tennessee Small Estate Affidavit is a legal document designed to simplify the process of settling small estates in Tennessee. By utilizing this form, individuals can efficiently transfer assets without the need for formal probate proceedings, streamlining what can often be a lengthy process. For those looking to navigate estate matters with ease, filling out this form can be a crucial first step—click the button below to get started.

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The Tennessee Small Estate Affidavit is a valuable tool for individuals dealing with the estate of a deceased person whose assets fall below a certain threshold. This form simplifies the process of transferring property without the need for formal probate proceedings, making it particularly beneficial for families and heirs facing the loss of a loved one. To qualify for using the Small Estate Affidavit, the total value of the estate must not exceed $50,000, excluding certain types of property such as real estate. The affidavit serves as a legal declaration that the signer is entitled to the decedent's assets and outlines the specific assets that are to be transferred. Additionally, it requires information about the deceased, such as their date of death and a list of heirs. By utilizing this form, individuals can expedite the distribution of assets, ensuring that the deceased's wishes are honored and that beneficiaries receive their inheritance in a timely manner. Understanding the requirements and process associated with the Small Estate Affidavit can significantly ease the burden during a challenging time, allowing families to focus on healing rather than navigating complex legal procedures.

Tennessee Small Estate Affidavit Sample

Tennessee Small Estate Affidavit Template

Pursuant to the provisions of the Tennessee Small Estates Act, this affidavit is to be used by the successor of a deceased individual, provided the value of the entire estate does not exceed the threshold established by Tennessee law.

State of Tennessee
County of ____________

Affiant Information:
Full Name: ____________
Address: ____________
City, State, Zip: ____________
Phone Number: ____________
Relationship to Decedent: ____________

Decedent Information:
Full Name: ____________
Date of Death: ____________
Last Address: ____________
City, State, Zip: ____________
County of Death: ____________
Did the decedent leave a Will?: Yes [ ] No [ ]

I, the affiant, swear or affirm under penalty of perjury that the following are true to the best of my knowledge:

  1. The value of the entire estate, not including homestead allowance, exempt property, and family allowance, but including the value of real estate located in Tennessee, does not exceed $50,000.
  2. Thirty (30) days have elapsed since the death of the decedent.
  3. No application or petition for the appointment of a personal representative is pending or has been granted in any jurisdiction.
  4. All known debts and taxes of the estate have been paid or provided for.
  5. The undersigned is lawfully entitled to collect the property of the decedent and distributees have agreed among ourselves to the distribution of the estate's assets as per Tennessee law.
  6. A complete list of all known assets of the estate, together with their estimated value and the names and addresses of persons having possession, is attached hereto.
  7. A complete list of all known debts, including name and address of each creditor, is attached hereto.
  8. A complete list of potential distributees, their relationship to the decedent, and their respective shares of the estate is attached hereto.

This affidavit is submitted to request the transfer/release of assets held by the following:

  • Financial Institution: ____________ Account #: ____________
  • Employer: ____________ Last Paycheck/Earnings: ____________
  • Brokerage Firm: ____________ Account #: ____________
  • Life Insurance: ____________ Policy #: ____________
  • Other: ____________

Under penalties of perjury, I declare that I have read this affidavit and that the facts stated in it are true.

Date: ____________
______________________________
(Signature of Affiant)

Sworn to and subscribed before me on this day ____________, 20__.

______________________________
Notary Public
My Commission Expires: ____________

PDF Data

Fact Name Description
Purpose The Tennessee Small Estate Affidavit allows individuals to settle small estates without going through formal probate.
Eligibility Estates with a total value of $50,000 or less for individuals or $100,000 or less for married couples qualify for this affidavit.
Governing Law The use of the Small Estate Affidavit is governed by Tennessee Code Annotated § 30-4-101.
Filing Requirements The affidavit must be filed with the court in the county where the deceased resided at the time of death.
Required Information Affidavits must include the deceased's name, date of death, and a list of assets and liabilities.
Affiant Responsibilities The person filing the affidavit must be a legal heir or beneficiary of the estate.
Asset Distribution Assets can be distributed to heirs without the need for a formal probate process, streamlining the transfer.
Limitations This process cannot be used if the deceased owned real estate or if there are outstanding debts that exceed the estate's value.
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