Tennessee § 35-15-601 Capacity of settlor of revocable trust - Form of execution for post-death disposition

Tennessee Statutes

§ 35-15-601 — Capacity of settlor of revocable trust - Form of execution for post-death disposition

The capacity required to create, amend, revoke, or add property to a revocable trust, or to direct the actions of the trustee of a revocable trust, is the same as that required to make a will. To be effective as a post death disposition of property transferred during the transferor's life or by the transferor's will to a trust of which the transferor is the settlor or deemed to be the settlor, neither a revocable nor irrevocable trust existing on or executed after July 1, 2004, has to be executed with the formalities of a will.

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The capacity required to create, amend, revoke, or add property to a revocable trust, or to direct the actions of the trustee of a revocable trust, is the same as that required to make a will. To be effective as a post death disposition of property transferred during the transferor's life or by the transferor's will to a trust of which the transferor is the settlor or deemed to be the settlor, neither a revocable nor irrevocable trust existing on or executed after July 1, 2004, has to be executed with the formalities of a will.

Tennessee § 35-15-601 (Capacity of settlor of revocable trust - Form of execution for post-death disposition) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.