SB2290 allows individuals to handle small estates without legal representation if the estate consists solely of life insurance policies under $15,000.
SB2290 amends Tennessee's probate laws to allow a petitioner or affiant to proceed without legal representation for estates consisting only of one or more life insurance policies valued at $15,000 or less, intended for burial, funeral, or final expenses. The bill also clarifies that those filing for a small estate affidavit or limited letters of authority are acting in an individual capacity to settle priority debts, not as a representative or fiduciary.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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