2nd Floor – Eastman Credit Union Building
2021 Meadowview Lane
Kingsport, TN  37660

 

Mailing Address

P.O. Box 88
Kingsport, TN  37662-0088

 

Phone Number

(423) 723-0400 (main)

 

Hours of Operation

Monday-Friday

8:00am-5:00pm

(423) 723-0400

The Tennessee Supreme Court released an opinion on December 6, 2017 that has several implications on estate planning for married individuals.  A married couple can own property as tenants by the entirety. See Bryant v. Bryant, 522 S.W.3d 392, 400 (Tenn. 2017); Tenn. Code Ann. § 36-3-505, 31-1-108.  Tenancy by the entirety is only available to married persons. Grahl v. Davis, 971 S.W.2d 373, 378 (Tenn. 1998).  Real and personal property can be held as tenancy by the entirety.  What makes holding property by tenancy by the entirety special is that each spouse holds an interest in the whole property