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Home→Tools→Trustee Duties Checklist→Tennessee→McNairy County

What Are My Duties as Trustee in McNairy County, Tennessee?

Step-by-step guide for administering a trust after the grantor passes away. Answer a few questions to get a personalized checklist for your situation.

Frequently Asked Questions

Immediate priorities for a successor trustee in Tennessee include obtaining certified death certificates, locating the original trust document, securing trust assets, and notifying beneficiaries. An EIN is required since the trust becomes irrevocable after the grantor's death.

Tennessee requires successor trustees to notify beneficiaries within 60 days of the grantor's death. Written notice is required. This notice must include the trustee's identity and information about the beneficiary's interest.

Yes. Tennessee has adopted the Uniform Trust Code, which standardizes trust administration rules including trustee duties, beneficiary rights, and modification procedures.

In Tennessee, custodial accounts under the Uniform Transfers to Minors Act (UTMA) terminate when the minor reaches age 21, though the transferor can specify an age up to 25. Trustees managing inherited custodial accounts follow this timeline.

What Are Trustee Duties in McNairy County, Tennessee?

As a successor trustee in McNairy County, you'll manage the trust privately without court involvement. However, you may need to file any pour-over will with the Chancery Court.

The Chancery Court is located at 170 West Court Avenue, Room 205, Selmer, TN 38375. You can reach them at 731-645-5446. Court hours: Monday - Friday, 8:00 AM - 4:30 PM.

Tennessee law requires you to notify qualified beneficiaries of your trusteeship. This notice typically must be sent within 60 days of the grantor's death and include your contact information.

Trust administration is private and generally faster than probate. You'll obtain an EIN for the trust, manage assets, and distribute them according to the trust terms.

Tennessee Estate Planning Resources

In-depth guides covering Tennessee probate laws, trust requirements, and estate planning strategies.

Is this your situation?

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Named as Trustee

Named as Trustee

Being named trustee means managing trust assets and carrying out the grantor's wishes. Your duties, timeline, compensation, and how to get started.

Learn more