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Tennessee Notice to Creditors of Estate Form

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I'm Barbara McGinnis with takis McGinnis elder care law probate court proceedings during which a deceased person's assets are transferred to the people who inherit them can be long costly and confusing it's no wonder so many people take steps to spare their families to hassle different states however offer different ways to avoid probate here are some of your options in Tennessee payable-on-death designations for bank accounts in Tennessee you can add a payable-on-death or p OD designation to bank accounts such as savings accounts or certificates of deposit you still control all of the money in the account your p OD beneficiary has no rights to the money and you can spend it all if you want to at your death the beneficiary can claim the money directly from the bank without probate court proceedings transfer on death registration for securities is another option tennessee lets you register stocks and bonds and transfer on death form people commonly hold brokerage

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