Tennessee Code 30-1-117 – Petition and documents required to be filed with application for letters
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Terms Used In Tennessee Code 30-1-117
- Decedent: A deceased person.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Intestate: Dying without leaving a will.
- Minor: means any person who has not attained eighteen (18) years of age. See Tennessee Code 1-3-105
- Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
- Personal representative: when applied to those who represent a decedent, includes executors and administrators, unless the context implies heirs and distributees. See Tennessee Code 1-3-105
- Probate: Proving a will
- Property: includes both personal and real property. See Tennessee Code 1-3-105
- Statute: A law passed by a legislature.