HB3796 - Tennessee - Probate Law, Wills

Companion Bill SB2848. Probate Law - Prohibits a legatee or devisee of a testator from being awarded the pecuniary value of property sold by a conservator for the best interest of an incapacitated principal in certain circumstances. - Amends TCA Title 32, Chapter 3, Part 1. Fiscal Summary for HB3796 / *SB2848 MINIMAL Bill Summary for HB3796 / *SB2848 Under present law, a specific legatee or devisee has a right to the specifically gifted or devised property in the testator's estate at death or if the property has been disposed of and a contrary intention is not manifest during the testator's lifetime: (1) Any balance of the purchase price, together with any security interest, owing from a purchaser to the testator at death by reason of sale of the property; (2) Any amount of a condemnation award for the taking of the property [...]

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