Tennessee Expands Homestead Property Tax Exemption

The Tennessee Governor signed a law that includes: 1) expanding the homestead exemption to include that it inures to the benefit of a surviving child who is 18 years old or older and has a developmental disability or intellectual disability upon the death of an individual who is the head of a family; and 2) expanding the homestead exemption to include a child who is 18 years old or older and has a developmental disability or intellectual disability where the homestead cannot be set apart, is sold, and $35,000 of the proceeds is ordered by the court to be paid ...