Tennessee Small Estate Affidavit Increased to $50,000

Signed into law by Governor Haslam on April 29, 2014, the small estate affidavit procedure will now cover substantially more small estates.

The Small Estate Affidavit is an abbreviated procedure in Tennessee that avoids the necessity of a formal probate administration in certain qualifying estates.  The affidavit is a “one and done” probate process—it can be handled in a single court filing and appearance.

The new law qualifies estates that are less than $50,000 for this less costly process.  Formerly, only estates with less than $25,000 qualified.

Click here to read the new law.  The relevant portion is on page 3 at Sections 8 and 9:

SECTION 8. Tennessee Code Annotated, Section 30-4-102(5), is amended by deleting the language “twenty-five thousand dollars ($25,000)” and substituting the language “fifty thousand dollars ($50,000)”.

SECTION 9. This act shall take effect on becoming law, the public welfare requiring it.

Stay tuned.

Rob Malin

2 thoughts on “Tennessee Small Estate Affidavit Increased to $50,000”

  1. Please give the reference for your information above that: The new law qualifies estates that are less than $50,000 for this less costly process. I cannot verify this information on the TN Government website. Thank you.

    1. Martha,
      So, I just noticed your comment… So sorry! If you ever need me, please click on the contact tab and email me or call me. The answer to your question, one year in the making is TCA 30-4-101.

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