Transmutation of marital property in Tennessee

What is Transmutation of marital property in Tennessee?  Simply put, assume John and Jane are a happy couple looking forward to their wedding day with lofty bliss that forever means forever.  John has inherited $100,000.00 from the death of his father and deposited into John's sole checking account.  Jane has been successful at her company and participated in a 401k and her pre-marital balance is $50,000.00.  John's inheritance and Jane's 401k balance are each separate property that is theirs … [Read more...]

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