Probate: Probate is a court proceeding designed to distribute property and pay debts. In Sevier County, Tennessee, petitions for probate are filed with County Clerk and are heard by the Judges of General Sessions Court, exercising probate jurisdiction.
Trusts: A trust is a three-party fiduciary relationship in which the first party, the trustor or settlor, transfers (“settles”) a property (often but not necessarily a sum of money) upon the second party (the trustee) for the benefit of the third party, the beneficiary.
Wills: A written document providing for the distribution of property owned by a person after his or her death.