On February 19, 2026, Tennessee Governor announced the signing of a new legislation that aims to simplify the estate planning process for residents of the state. The new law, known as the Tennessee Trust Simplification Act, is set to take effect immediately and is expected to have a significant impact on how individuals manage their trusts and estates.One of the key provisions of the Tennessee Trust Simplification Act is the introduction of a streamlined process for creating and managing trusts. Under the new law, individuals will now have the option to create a trust online, using a simple and user-friendly platform provided by the state government. This online tool will guide users through the process of setting up a trust, choosing beneficiaries, and outlining specific instructions for how their assets should be distributed upon their passing.In addition to simplifying the process of creating trusts, the Tennessee Trust Simplification Act also aims to make it easier for individuals to modify or revoke existing trusts. The new law allows individuals to make changes to their trusts online, without the need for costly legal assistance. This will give residents more control over their estate planning decisions and allow them to adapt their plans to changing circumstances more easily.Another key feature of the Tennessee Trust Simplification Act is the establishment of a trust registry, which will centralize information about all trusts created in the state. This registry will make it easier for beneficiaries and trustees to locate and access important trust documents, reducing the risk of assets being lost or mismanaged.Overall, the Tennessee Trust Simplification Act represents a significant step forward in modernizing the state's trusts and estates laws. By simplifying the process of creating and managing trusts, the new legislation aims to empower residents to take control of their estate planning decisions and ensure that their assets are distributed according to their wishes. With the implementation of the Tennessee Trust Simplification Act, estate planning in Tennessee is set to become more accessible and efficient for individuals across the state.