Tennessee Code 48-245-1102 – Omitted assets
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Terms Used In Tennessee Code 48-245-1102
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Court: includes every court and judge having jurisdiction in the case. See Tennessee Code 48-202-101
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
Title to assets remaining after payment of all debts, obligations, or liabilities and after distributions to members may be transferred by a court in this state.