TN HB2451

Exempts actions under Title 30, Chapter 2, Part 4 (probate proceedings related to contesting wills) from the provisions of Section 29-27-303

Revises how a decedent's gross estate is calculated for purposes of Section 31-4-101(c), aligning it with federal estate tax determination methods under 26 U.S.C. § 2031(a)

Excludes from gross estate calculations any assets that would not have been subject to Tennessee inheritance tax prior to the enactment of § 67-8-318

Requires that life estates or trusts benefiting a surviving spouse be actuarially valued for estate calculation purposes

Changes conservatorship petition requirements from permissive ("should contain") to mandatory ("shall contain") language, effective July 1, 2026