Tenn. Code Ann. § 35-17-105
Classification of property as community property - Enforcement - Duration - Management and control - Effect of distributions
Last amended: 2023Year: 2026Length: 234 wordsSubsections: 5
(a) Whether or not both, one (1) or neither is domiciled in this state, spouses may transmute any or all of their property to community property by transferring property to a community property trust. (b) A community property trust is enforceable without consideration. (c) All property owned by a community property trust will be community property during marriage. (d) The right to manage and control property that is transferred to a community property trust is determined by the terms of the trust. (e) When property is distributed from a community property trust, it shall no longer constitute community property. Amended by 2023 Tenn. Acts, ch. 166, s 13, eff. 4/17/2023. Acts 2010 , ch. 658, § 1.
(a) Whether or not both, one (1) or neither is domiciled in this state, spouses may transmute any or all of their property to community property by transferring property to a community property trust.
(b) A community property trust is enforceable without consideration.
(c) All property owned by a community property trust will be community property during marriage.
(d) The right to manage and control property that is transferred to a community property trust is determined by the terms of the trust.
(e) When property is distributed from a community property trust, it shall no longer constitute community property.
Amended by 2023 Tenn. Acts, ch. 166, s 13, eff. 4/17/2023.
Acts 2010 , ch. 658, § 1.