Joint Ownership of Property in Tennessee: JTWROS (Part 2 of 3)

Joint Ownership of Property in Tennessee: JTWROS (Part 2 of 3) Joint tenancy with rights of survivorship (JTWROS) is the second form of joint property ownership in Tennessee. The primary distinction of JTWROS is automatic rights of survivorship at death. Like tenancy in common property, each joint owner of JTWROS property owns an undivided interest…

Opportunities & Considerations in Establishing a Tennessee Investment Services Trust

Opportunities & Considerations in Establishing a Tennessee Investment Services Trust There are many opportunities, benefits and detriments offered by establishing a Tennessee Investment Services Trust (TIST), or what is commonly called a Tennessee asset protection trust. First adopted in 2007, the statute is still relatively new and untested. It changes centuries of Tennessee common law…