James L. Henry, Jr., Et Al. v. Elizabeth P. Casey Et Al.

This appeal stems from the trial court’s dismissal of two creditors’ claims against the
personal representatives of the decedent debtor’s estate. The creditors claimed that the
personal representatives breached their fiduciary duties to the estate by failing to exercise
the decedent’s statutory right, as a surviving spouse, to take an elective share of his
deceased wife’s estate when the time limit for doing so had not yet expired at the time of
the decedent’s death. The creditors also asserted claims against other parties associated
with the personal representatives for conspiracy and inducement. In dismissing the
creditors’ complaint, the trial court determined that (1) Tennessee statutory law provides
that a personal representative of the surviving spouse’s estate “may” take an elective
share on behalf of the surviving spouse who has died, (2) “may” indicates that the
decision is discretionary, (3) the personal representative maintains the same discretion to
elect that the surviving spouse held, (4) the personal representative owes no duty to
creditors of the estate to make the election, and (5) the right to elect is not an asset of the
estate that can be deemed “wasted” if unexercised. The creditors have appealed.
Discerning no reversible error, we affirm.