(a)

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Terms Used In Tennessee Code 32-3-106

  • Bequest: Property gifted by will.
  • Devise: To gift property by will.
  • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
  • Property: includes both personal and real property. See Tennessee Code 1-3-105
  • Testator: A male person who leaves a will at death.
  • Trustee: A person or institution holding and administering property in trust.
  • Trustor: The person who makes or creates a trust. Also known as the grantor or settlor.
  • written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105
(1) A devise or bequest, the validity of which is determinable by the law of this state, may be made by a will to the trustee or trustees of a trust established or to be established by the testator or by the testator and some other person or persons or by some other person or persons (including a funded or unfunded life insurance trust, although the trustor has reserved any or all rights of ownership of the insurance contracts) if the trust is identified in the testator’s will and its terms are set forth in a written instrument (other than a will) executed before or concurrently with the execution of the testator’s will or in the valid last will of a person who has predeceased the testator (regardless of the existence, size or character of the corpus of the trust).
(2) The devise or bequest shall not be invalid because the trust is amendable or revocable, or both, or because the trust was amended after the execution of the will or after the death of the testator.
(3) Unless the testator’s will provides otherwise, the property so devised or bequeathed:

(A) Shall not be deemed to be held under a testamentary trust of the testator but shall become a part of the trust to which it is given; and
(B) Shall be administered and disposed of in accordance with the instrument or will setting forth the terms of the trust, including any amendments thereto made before the death of the testator (regardless of whether made before or after the execution of the testator’s will) and, if the testator’s will so provides, including any amendments to the trust made after the death of the testator.
(4) A revocation or termination of the trust before the death of the testator shall cause the devise or bequest to lapse.
(b) This section shall have no effect upon any devise or bequest made by a will executed prior to March 17, 1961.
(c) This section shall be so construed as to effectuate its general purpose to make uniform the law of those states which enact it.
(d) This section shall be known and may be cited as the “Uniform Testamentary Additions to Trusts Act.”
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