Tennessee Code 30-4-103 – Administration of small estate – Limited letters of administration – Bond requirements – Form requirements
Whenever a decedent leaves a small estate, it may be administered in the following manner:
Terms Used In Tennessee Code 30-4-103
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Court: means the court then exercising probate jurisdiction in the county in which the decedent had legal residence on the date of death. See Tennessee Code 30-4-102
- Decedent: A deceased person.
- Decedent: means a person who is deceased. See Tennessee Code 30-4-102
- Intestate: Dying without leaving a will.
- Limited letters: means the limited letters of administration of a small estate and limited letters testamentary of a small estate, as appropriate. See Tennessee Code 30-4-102
- Limited letters of administration of a small estate: means limited letters of administration for the decedent's property that restrict the person to whom the limited letters of administration are issued to the property itemized and identified in the petition for the limited letters, which must be attached to and made a part of the limited letters. See Tennessee Code 30-4-102
- Limited letters testamentary of a small estate: means limited letters testamentary for the decedent's property that restrict the person to whom the limited letters testamentary are issued to the property itemized and identified in the petition for the limited letters which must be attached to and made a part of the limited letters. See Tennessee Code 30-4-102
- Person: means an individual, partnership, firm, business trust, corporation, or other legal entity, and includes both the singular and plural, and the masculine and feminine, as appropriate. See Tennessee Code 30-4-102
- Personal representative: means the person to whom limited letters of administration of a small estate or limited letters testamentary of a small estate are issued. See Tennessee Code 30-4-102
- Probate: Proving a will
- Property: means only personal property, or any interest in personal property, owned by the decedent on the date of death that would be subject to probate, other than personal property held as tenants by the entirety or jointly with right of survivorship, or personal property payable to a beneficiary other than the decedent's estate. See Tennessee Code 30-4-102
- Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in a perceivable form. See Tennessee Code 1-3-105
- 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
- Small estate: means the probate estate of a decedent in which the value of the probate property does not exceed fifty thousand dollars ($50,000). See Tennessee Code 30-4-102
- Testate: To die leaving a will.
Limited Letters of Administration/Limited Letters Testamentary of a Small Estate
Pursuant to T.C.A. § 30-4-101, et seq.
In the Matter of the Estate of: ______________
Whereas, it appearing that the above-named deceased person left property and debts subject to administration pursuant to the above-referenced statutory provisions, and ______________ is hereby authorized to serve in the limited role of Personal Representative.
As such, Limited Letters of Administration/Letters Testamentary of a Small Estate are hereby issued to the above-named individual being now therefore empowered to collect and preserve all assets of the estate, remove any personal property from a property leased by the decedent, and cancel any insurance policies no longer applicable due to decedent’s death. Said assets are limited to those itemized in the Petition, a copy of which is attached hereto. The total value of decedent’s property shall not exceed $50,000.00.
There is no real property at issue in this matter, and this limited letter in no way gives any authority to the personal representative to handle any real estate matters of the decedent.
In witness whereof, I have issued these Limited Letters of Administration/Limited Letters Testamentary.
Date: ____________________ Clerk: ______________
I swear that all statements in the Small Estate documents I have executed and provided are true and accurate. I do solemnly swear or affirm that I will faithfully and honestly discharge the duties imposed upon me and as required by law.
Date: ____________________ Personal Representative: ______________
I, as Clerk, certify that these Letters are in full force and effect as of this date of issuance.
Date: ____________________ Clerk: ______________