WPC' >*d}-.O{g[{`'WP-6r5=6biGD>>Ep_Z۬%@3{Q#跠W~%DKsm_7-hL4\Zv\!ILkŎΚ?I)7'P*}aÎQHIV7y0r Nx~eR <s,j zsM4l8.[GwS#IwG߻\)P%P5t XIx M_!&}S󩙘DGQNEmr^8psžn1LGo_**ܸ Â!|aPߙKcϳ!637ㅠyY-6%L}G=fg> ĢHdc#p|(1.'e =Qht5amiC-;6dN%yixOf) G(u h!;/T"AFs`年a b %\UNb 0 18U)NU: $G zk   j  0 D4LNceE 72 0c 0wU 0 0V 0 0 0q 0L 0D; 1u 72^ &w26N 4 !! m!#0!0!0!b"""""""""""""""""""""""""""""""""""" 0 """" B## 0$ D3$ D-$ 0K%% ASP%% 0i& 0D ' AQ'(9 Z6Times New Roman Regular(`$.8dd8    h6CEIMQUY]aAutoList1""""""""i)1)a)("  Z6Times New Roman Regular,cAZ"Arial Regular  RC$      2  d  _ԀFromtherecord,itappearsthatthe$58,000valueofthePropertyistakenfromthetaxassessorsinformation  andisundisputed. C:\PROGRA~1\COREL\WORDPE~1\TEMPLATE\CUSTOM~1\REVISE~1.WPTC:\Program Files\Corel\WordPerfect Office 2000\Template\Custom WP Templates\revised standard opinion.wpt RC$      3  d  _ԀThisnumberistakenfromtheExecutorsaccountingasprovidedinExhibit4. ` RC$      1  d  _ԀThevalueofthepensionplanatEatonAxlewascalculatedbasedupontheplanspayoutof$539.19per  monthX12monthsperyearX33.54years=$217,013.19.ThelifeexpectancyofMrs.Morrisis33.54years.Thelife x expectancycalculationisbaseduponmortalitytablesinVolume13(MortalityTableIII)ofthe_T.C.A._ԀMrs.Morriswas @ 45yearsoldatthetimeofthiscalculation. RC$      5  d  _ԀThereisnodisputeintherecordastoadministrativefees.ThisnumberistakenfromAppelleesbrief.(#$  0  Level 1Level 2Level 3Level 4Level 5Level 1Level 2Level 3Level 4Level 5Level 1Level 2Level 3Level 4Level 5Level 1Level 2Level 3Level 4Level 5  RC$      6  d  _ԀThereissomedisputeintherecordastowhetherAppellantreceivedallofthepersonaltyinformofexempt  property.AppellantdidreceivesomeportionofthepersonaltyoftheEstate.Inourdeterminationofwhetherthe x Appellantisentitledtoadditionalmoniesundertheelectivesharestatute,theendresultisnotaffectedbydeductingthe @ entireamountof$18,668asexemptpropertyorbydeductingnothingforexemptpropertyfromthenetestate.Since X weincludethecalculationsonlyforpurposesofclarification,wewillleavethefulldeductioninplace. RC$      7  d  _ԀAsdiscussedsupra.   RC$      8  d  _ԀAsdiscussedsupra. "(;3$2#  0  .3  0  (O;$0  2#  a  .3  0` (#(#(b$0  0` (#(#2#   .3  0 ` (#` (#(xir$0  0` (#(#0 ` (#` (#2#(  0  )3  0 (# (#($0  0` (#(#0 ` (#` (#0 (# (#2#(  a  )3  0h(#(#(F$0  0` (#(#0 ` (#` (#0 (# (#0h(#(#2#(   )3  0h(#h(#($0  0` (#(#0 ` (#` (#0 (# (#0h(#(#0h(#h(#2#  0  )3  0(#(#({$0  0` (#(#0 ` (#` (#0 (# (#0h(#(#0h(#h(#0(#(#2#  a  )3  0p(#(#(F$0  0` (#(#0 ` (#` (#0 (# (#0h(#(#0h(#h(#0(#(#0p(#(#2#     )3  0p(#p(# 3#37=CIQYag1.a.i.(1)(a)(i)1)a)!i))X-s   RC$      4  d  _ԀThisnumberreflectsonlythesecureddebtsfiledagainsttheEstate.Accordingtotherecord,thesedebts  includeda$15,155.76mortgagewithUnionPlanters,and$3,228.27vehicleloanwithUnionPlanters.Additional x unsecuredclaimswerefiledagainsttheEstate.],:i+003|x UHP LaserJet 4 Plus,,,,,,0- -(|G2C$ !.8dd8         0  d d(|3'$ !.8dd8     VVVV'dxd)!dxdx( $ Figure  1  ^_X`YE<<CLevel 1Level 2Level 3Level 4Level 5(|3'$ !.8dd8     ($$   1  X[Z&OLE 2.0 Box <=8C HKKKK !.8dd8     _  8XXdd8  @ oINTHECOURTOFAPPEALSOFTENNESSEE  @%ATJACKSON#o #Ԉ ,   September17,2002Session X XX #XX#INRE:ESTATEOFEDWARDHILTONMORRIS,Deceased  ` ROGERCLAYTONMORRISv.LOLAJANEMORRISXX  ( x @@ ADirectAppealfromtheChanceryCourtforGibsonCounty 0  @@No.15061PTheHonorableGeorgeR.Ellis,Chancellor  p @@*AV) ` dE<` A @  @@TTNo.W200200001_COA_ԄR3CVFiledOctober24,_2002_ ?  AV) ` dE<` A     X XXX  Widow,electingtotakeagainsthusbandswill,filedapetitionforyearssupport,exempt  property,electiveshare,andhomestead.Becausetheestatehadnopersonalpropertywithwhichto   satisfyclaimsagainsttheestateandthewidowsbenefits,widowfiledapetitiontosellthereal  propertytoprovidesuchfunds.Thetrialcourtdeclinedtoorderasaleoftherealproperty,  contingentupontheexecutorpayingtheclaimsagainsttheestate,exclusiveoftheclaimedwidows ~ benefits.Widowappeals.Weaffirminpart,reverseinpart,andremand.#XXXX ##XX#XX j  Tenn.R.App.P.3;AppealasofRight;JudgmentoftheChanceryCourtAffirmedinPart, F ReversedinPart,andRemanded  6   #X-#XX.W.FrankCrawford,_P.J._,_W.S._,deliveredtheopinionofthecourt,inwhichAlanE._Highers_, f J.andDavidR._FArmer_,J.,joined. V SamJ._Watridge_,Humboldt,ForAppellant,LolaJaneMorris 6 HaroldE.Dorsey,Humboldt,ForAppellee,RogerClaytonMorris !    OPINION #XXK #XX #" #XX #XX  8 XdXXd8   Thiscaseinvolvesadisputeoverawidowselectiveshare,homestead,andyearssupport % $ astheyareaffectedbylifeinsuranceandpensionpaymentsthatpasstothewidowoutsidetheestate. v&!% Thereisnodisputeastoexemptproperty.EdwardHiltonMorris( Decedent)diedtestateon f'"& August22,2000.TheEstateofEdwardHiltonMorris(the Estate)wasopenedonSeptember1, V(#' 2000andawilldatedJune20,1994wasprobated.Decedentsson,RogerClaytonMorris F)$( ( Appellee,or Executor)wasnamedExecutor.Decedentswidow,LolaJaneMorris 6*%) ( Appellant, Widow,or Mrs.Morris)electedagainstthewillandfiledapetitionforelective &+v&* share,yearssupport,exemptproperty,andhomestead.AnAgreedOrdersubstitutingLastWill& ,f'+ TestamentwasenteredonMay23,2001,whichreplacedtheJune20,1994willwithasubsequent -V(, willdatedSeptember6,1995.OnMay29,2001,Mrs.MorrisfiledaPetitiontoSellRealProperty  becausetheassetsoftheEstatewereinsufficienttopaytheclaimsagainsttheEstateandthe  survivingspousesentitlementsofhomestead,yearssupport,andelectiveshare.Appelleefileda  ResponsetoPetitiontoSellRealPropertyonJune18,2001.BeforehearingthePetitiontoSellReal  Estate,thetrialcourtorderedacompleteaccountingofassetsandinventoryoftheEstate.The p accountingwasfiledwiththecourtonJuly2,2001andlistedthevalueoftherealpropertylocated `  at9DollarRoadin_Humbolt_Ԁ(the Property)as$58,000.TheaccountingalsoindicatedthatMrs. P  Morrisreceived$25,000fromalifeinsurancepolicyandamonthlypensionbenefitof$539.19for @  herlifetime.ThepersonalpropertyoftheEstatewasorderedtobeturnedovertoMrs.Morrison 0  October24,2001.OnOctober20,2001,Mrs.MorrisrenewedherMotiontoSellRealProperty.All  p  motionswereheardonJuly2,2001.Thepartiesagreedthattherewasnopersonalpropertyleftin `  theEstateandthatMrs.Morriswasentitledtoallexemptproperty.Ontheissuesofhomestead, P  yearssupport,andelectiveshare,Appellanttookthepositionthattheinsuranceproceedsand @  pensionpaymentsshereceivedwouldhavenoeffectonherentitlementtohomestead,yearssupport 0  orelectiveshareandthattherealpropertyshouldbesoldsincetherewasnomorepersonaltyleft   fromwhichtosatisfyherclaims.Appelleeassertedthatreceiptoftheinsuranceproceedsand  pensionmorethansatisfiedanyentitlementstohomestead,yearssupport,andelectivesharedue  Mrs.Morrisandthattherewasnoneedtoselltherealpropertybecausenothingfurtherwasowed,  but,ifthetrialcourtfoundthatanyfurthercompensationwasowedtoMrs.Morris,theAppellee  assertedthattheEstateshouldhavetheoptionofsatisfyingthoseobligationwithouthavingtosell  theProperty.Therecordindicatesthat,althoughthetrialcourtheldthatthehomestead,years p supportandelectiveshareclaimsofMrs.Morriswerevalid,thecourtstoppedshortofmandating ` thesaleoftherealestate.Rather,thecourtputtheresponsibilityofpayingthedebtsandWidows P claimsontheEstateandindicatedthat,iftheEstatecouldnotsatisfyitsobligationsbyOctober5, @ 2001,thecourtwouldorderthesaleoftherealproperty.Asubsequenthearingwasheldon 0 November21,2001forthepurposeofdeterminingwhethertheEstatehadpaiditsobligations.At  p thetimeofthishearing,therealpropertyhadnotbeensold.However,theExecutorindicatedthat ` hewaswillingand,infact,hadsecuredaloantosatisfytheobligationsoftheEstate.Itisobvious P fromthetranscriptoftheNovemberhearingthatthetrialcourtsexactrulingwasnotcleartoeither @ party.ThefinalOrderofthecourt,filedDecember3,2001,reflectsthisambiguity.TheOrder 0 reads:    8  8`    THISCAUSEcameontobeheardonthe2nddayofJuly, "  2001,inTrenton,Tennessee,beforetheHonorableGeorgeR.Ellis, #! Chancellor,uponthePetitionoftheSurvivingSpouseforanelective $" share,exemptproperty,homestead,yearssupport,MotiontoSell % # RealPropertyandthewidowsclaimforfuneralexpenses,andfor p&!$ goodcauseshown`'"%` x` x 8  8`    THEREFOREITISHEREBYORDERED,ADJUDGED @)$' ANDDECREED:0*%(` x` x    +p&) 8  8`   1.ThatLolaMorrisisthesurvivingspouseofEdwardMorriswho   diedAugust22,2000.` x` x 8  8`   2.Thatthesurvivingspouseisentitledtoallthepersonalproperty,  theautomobiles,thefurnitureandalltangibleproperty.p` x` x 8  8`   3.Thatthereareclaimsagainsttheestateintheapproximateamount P  ofTwentythousanddollars($20,000.00).@ ` x` x 8  8`   4.ThattheclaimofLolaMorrisagainsttheestateforSixThousand  p  twodollarsandfiftysevencents($6,002.57)forthefuneralexpenses `  ofthedecedentEdwardMorrisisapprovedandtheobjectiontothe P  claimoverruled.@ ` x` x 8  8`   5.Thatpaymentofhomesteadandyearssupportandelectiveshare   arecontingentupontherealpropertybeingsoldbecausethereisno  personalpropertyintheestate.` x` x 8  8`   6.ThattheMotiontoSelltheRealPropertyisavalidmotionand,  unlesstheexecutorcanpayofftheclaimsagainsttheestatethereal  propertywillbesold.p` x` x 8  8`   7.Iftherealpropertyissold,therewillbepersonalproperty P availablefromwhichtopayhomestead,yearssupportandelective @ share.0` x` x   Widowappealsandpresentsoneissueforreviewasstatedinherbrief: ` 8   ` Ifthepersonalpropertyofanestateisinsufficienttopayclaimsagainstthe @ estate,maytheExecutorrefusetoselltherealproperty,transferittohimselfand 0 denypaymenttothesurvivingspouseofyearssupport,homesteadandelective   share?!   8  8`    ` x` x   Attheoutset,wenotethattheorderappealedisattheveryleastquestionableasafinalorder #! appealableasofright.However,wearedealingwithaverymodestestatethatshouldnotbe $" encumberedwithunnecessaryattorneyfeesandexpenses,ifatallpossible.Thepartieshave % # interpretedthecourtsorderinsuchamannerastoallowafinalresolutiononthisappealand,inthe p&!$ interestoftheEstateandjudicialeconomy,wewillconsidertheorderfinal. `'"%   InadditiontotheWidowsissueonappeal,theEstatehaspresentedfourissuesasstatedin @)$' itsbrief: 0*%(    +p&) 8  8`   1.Mustthesurvivingspouseselectivesharebeoffsetbyproperty   passingoutsideoftheestate?` x` x 8  8`   2.Mustanycompensationbasedupontheyearssupportstatutebe  recoveredfrompersonalpropertyoftheestate?p` x` x 8  8`   3.MaybenefitsprovidedbytheHomesteadstatutebewithdrawn P  frompersonalpropertyoftheestate?@ ` x` x 8  8`   4.MaytheExecutorandbeneficiariespersonallypayestatedebtsto  p  avoidthesaleofrealpropertyoftheestate? ` ` x` x    TurningtotheWidowsfirstissue,itisabundantlyclearthatrealestatemaybesoldto @  providefundstopayclaimsagainsttheestateifthereareinsufficientpersonalassetstosatisfythe 0  claims. See _T.C.A._ԀX[ XXX#XX XX[c2#X XXXԀ302402.Thus,toanswertheissueasphrased,theExecutorcannotdefeat   thepaymentofclaimsandtheWidowsentitlementsbyfailuretosubjecttherealpropertyfor   paymentthereof.  However,thesaleofrealestatemaybebypublicorprivatesaleanditislargely   withinthediscretionoftheprobatecourtastothetermsandprovisionsofsuchsale.In2Harry  Phillips&JackW.Robinson,_Pritchard_ԀonWillsandAdministrationofEstatesEmbracingtheLaw  andPracticeinTennessee#XXXX 2#X[ XXX#XX XX[t5#X XXXԀ908(5thed.1983&Supp.2002),itisstated:  8  8`    #XXXX 5#X[ XXX#XX XX[g6#X XXX 908.Privatesales;confirmation. X` x` x 8  8`    TheAct[#XXXX 6#X[ XXX#XX XX[m7#X XXXԀ302402]authorizes eitherpublicsalesorprivate 0 saleofrealestateforthepaymentofdebts: Thecourtisalso  p empowered,inalikeproceeding,toratifycontractsofprivatesale  \ andtoauthorizetheconsummationofthesamebythepersonal H representative.4` x` x 8  8`    Inmanyinstances,aprivatesaleofrealestatemaybemore   desirable,especiallywhenthefairmarketvaluehasbeenestablished   byacompetentappraisalandthesalepriceoftherealestateequalsor ! exceedstheappraisedvalue.Expensesmaybeminimizedaswellas "  theriskthatapublicsalemightnotproduceanadequatesaleprice. l#!` x` x   IfallvalidclaimsandobligationsoftheEstatearesatisfied,thenobviouslyitisnotnecessary D% # fortherealpropertytobesold.Forexample,ifadeviseeoftherealestateundertakestopayallvalid 0&!$ claimsandobligationsofaninsolventestate,thedeviseemaykeeptherealestateandtheestateitself 'l"% canbevalidlyclosedbytheprobatecourt.Thus,theanswertothisissuealsoservestoanswerthe (X#& Estatesfourthissue. (D$'   WewillnowconsidertheEstatesremainingissues,whichwehaverephrasedasfollows: *&)  +'* 8  8`   1.Whethersurvivingspouseisentitledtohomesteadallowancefrom  theEstate.` x` x 8  8`   2.Whethersurvivingspouseisentitledtoyearssupportfromthe t realpropertyoftheEstate.`` x` x 8  8`   3.Whethersurvivingspouseselectivesharemustbeoffsetby 8  propertypassingoutsidetheEstate. $ t` x` x   Whethersurvivingspouseisentitled  8  ЀtohomesteadallowancefromtheEstate $  3@  _T.C.A._Ԁ262301(a)establishesMrs.Morrisrighttohomesteadasfollows:   8  8`   Anindividual,whetheraheadoffamilyornot,shallbeentitledtoa   homesteadexemptionuponrealpropertywhichisownedbythe p individualandusedbytheindividualortheindividualsspouseor \ dependent,asaprincipalplaceofresidence.Theaggregatevalueof H suchhomesteadexemptionshallnotexceedfivethousanddollars 4 ($5,000)... p` x` x  Id. H   HomesteadinTennesseeisaconstitutionalright:  8  8`   Thereshallbeahomesteadexemptionfromexecutioninanamount  offivethousanddollarsorsuchgreateramountasTheGeneral | Assemblymayestablish.h` x` x  TENN.CONST. art.XI,11 @!    AlthoughMrs.Morrisisentitledtoa$5,000homesteadfromtheEstate,thereisno #l! legislativemandatethatthePropertybesoldorpartitionedinordertosatisfythisallowance._T.C.A._ $D # 302209providesthat: &"% 8  8`   Ifrealestateissosituatedthathomesteadcannotbesetapart,as (#' hereinprovided,thentherealtyshallbesoldandfivethousanddollars )$( ($5,000)oftheproceedsinvestedinrealestate,underthedirectionof |*%) thecourthavingjurisdictiontobeheldashomesteadsubjecttothe h+&* lawgoverninghomestead,orifthecourtdeemsitmoredesirableand  practical,itmayorderthepaymentoffivethousanddollars($5,000)  incashorotherpersonalpropertyoutright....` x` x  Id. (emphasisadded) `   AppelleeassertsthatMrs.Morrishomesteadallowancehasbeensatisfiedbyherreceiptof 8  the$539.19permonthpensionandthe$25,000lifeinsurancepayment.Appelleearguesthatthe $ t pensionandthelifeinsuranceproceedsfallunderthedefinitionof personalpropertyfoundin  ` _T.C.A._Ԁ302209.Thereisnothinginthestatutetoindicatethatthehomesteadallowanceistobe  L  reducedorotherwiseaffectedbyanyassetscomingtotheWidowoutsidetheEstate.  8    Mrs.Morrisisentitledtothe$5,000homesteadallowance,andthiscanbeaccomplishedby   acashpaymentinlieuofsale.ThisisavalidobligationoftheEstate,whichmustbesatisfiedto   avoidthesaleoftherealproperty.      Whethersurvivingspouseisentitledtoyears p L  supportfromtherealpropertyoftheEstate \     _T.C.A._Ԁ302102governsyearssupportallowanceandprovidesasfollows: 4   8  8`   (a)Inadditiontotherighttohomestead,anelectiveshareundertitle  \ 31,chapter4,andexemptproperty,thesurvivingspouseofan H intestate,orasurvivingspousewhoelectstotakeagainstadecedents 4 will,isentitledtoareasonableallowanceinmoneyoutoftheestate   forsuchsurvivingspousesmaintenanceduringtheperiodofone(1)   yearafterthedeathofthespouse,accordingtosuchsurviving  spousespreviousstandardofliving,takingintoaccountthe  conditionoftheestateofthedeceasedspouse.Thecourtmay  considerthetotalityofthecircumstancesinfixingtheallowance l authorizedbythissection,includingassetswhichmayhavepassedto X  thespouseoutsideprobate.D!` x` x PN  (6x3!   ` *** x  #l!   8  8`   (c)Thecourtmayauthorizethesurvivingspousetoreceiveany $X" personalpropertyoftheestateinlieuofallorpartofthemoney $D # allowanceauthorizedbythissection,andinanycasewherethecourt %0!$ makesanallowanceinmoney,thesurvivingspouseshallbeentitled &"% toselectandreceiveanypersonalpropertyoftheestate,ofavaluenot '#& exceedingtheallowanceinmoney,whichshallbeinlieuofanwhich (#' valueshallbecreditedagainsttheallowance.)$(` x` x VS Id. h+&* Ї  AlthoughMrs.Morrisisentitledtoyearssupport,itisanestablishedprinciplein  Tennesseethatyearssupportisnotchargeableagainsttherealpropertyofanestate. Inre  EstateofGray ,729S.W.2d668,672(Tenn.Ct.App.1987)(citing _Cate_Ԁv._Cate_ ,43_S.W._Ԁ365  (Tenn.Ch.App.1897).SincethereisnodisputethattheEstateatissueinthiscaseconsistsonly t ofrealpropertyandexemptproperty,thereisnopersonaltyleftfromwhichtocarveoutayears ` allowance.Consequently,survivingspouseisentitledtonofurthercompensationunder_T.C.A._Ԁ L  302101.  8    Whethersurvivingspouseselectivesharemustbe  ` offsetbypropertypassingoutsidetheEstate .  L  Y  ItisundisputedthatMrs.Morriswasthebeneficiaryofa$25,000lifeinsurancepolicy (  andthatshereceives$539.19permonthfromapensionplanatEatonAxle._   #  1      _ԀUnder_T.C.A._Ԁ   314101(a)(1),Appellantisentitledto10%ofthenetestateasherelectiveshare.Calculation   ofthenetestateispursuantto_T.C.A._Ԁ314101(b),whichprovides:     8  8`   Thevalueofthenetestateincludesallofthedecedentsrealand t personalpropertysubjecttodispositionundertheprovisionsofthe ` decedentswillorthelawsofintestatesuccession,reducedbythe L following:secureddebtstotheextentthatsecuredcreditorsare 8 entitledtorealizeontheapplicablecollateral,funeraland $t administrationexpenses,andawardofexemptproperty,homestead ` allowanceandyearssupportallowance.L` x` x  Id.  $   Usingthisformula,thenetestateiscalculatedasfollows:  8  8`   RealEstate0` x` x0hxx$58,000  #  2      hxhx    ` PersonalProperty0 h $18,668   #  3      lh(#h(#    `  Total0  0h(#(#$76,668X h(#h(#  8  LessDeductions:0"       ` SecuredDebts0 h 0h(#h(#$18,384.03%  #  4       p (#(#     ` AdministrativeFees0 h 0h(#h(#$5,788.73   #  5      (#(#    ` ExemptProperty0 h 0h(#h(#$18,668x  #  6      (#(#    ` Homestead0  0h(#(#0h(#h(#$5,000(   #  7      t(#(#    ` YearsSupport0 h   $0.00   #  8      ׀`h(#h(#    `  TotalDeductions0  $47,840.76L (#(#   NetEstate:0 $76,668(totalofrealandpersonalproperty)$ t (# (#    ` less0 $47,840.76 (totaldeductions) d (# (#    `  $28,827.24  T   0  Under_T.C.A._Ԁ314101(a)(1),Mrs.Morrisisentitled10%ofthenetestateasherelective, (#(# share:     ElectiveShare:0  $28,827.24(netestateascalculatedabove) (#(#    `  Times򀀀10%      `    $2,882.72 |   However,theelectivesharecalculationisnotcompleteuntilweapply_T.C.A._Ԁ314101(c), T whichprovidesthat: @ 8  8`   Aftertheelectiveshareamounthasbeendeterminedinaccordance h withtheforegoingsubsections(a)and(b),theamountpayabletothe T survivingspousebytheestateshallbereducedbythevalueofall @ assets_includable_Ԁinthedecedentsgrossestatewhichwere , transferred,ordeemedtransferred,tothesurvivingspouseorwhich  wereforthebenefitofthesurvivingspouse.Forthepurposeshereof,  thedecedentsgrossestateshallbedeterminedbythecourtinthe  samemannerasforinheritancetaxpurposespursuantto_T.C.A._Ԁ  678301et.seq.,exceptthatthevalueofanylifeestateortrustfor  thelifetimebenefitofthesurvivingspouseshallbeactuarially  determined.t` x` x  Id. L     TheissueofwhethertheAppellantselectiveshareshouldbereducedbytheamountofthe  l lifeinsuranceandpensionthatpassedoutsidetheEstatedependsuponwhethertheinsurance  X proceedsand/orpensionarepartofthegrossestate.Becausewefindthattheinsuranceproceeds  D  areincludedinthegrossestate,we_pretermit_Ԁdiscussionofwhetherthepensionpaymentsarealso  0  partofthegrossestate.     _T.C.A._Ԁ678306providesthat:   8  8`   (a)Ifthedecedentwasaresidentofthisstate,thereshallbeincluded |  inthegrossestatetheproceedsofinsurancepoliciespayableto h namedbeneficiaries,ortothedecedentsestate,orinsuchmanneras T tobesubjecttoclaimsagainstthedecedentsestateandto @ distributionasapartthereof.,|` x` x 8  8`   (b)Thissectionshallincludetheproceedsofinsurancepolicies T commonlyknownas paidupcontractsor investmentcontracts @ or annuitycontractsorsimilartypesorformsofpolicies,the , surrendervalueofwhichwassubjecttothecontrolofthedecedent  priortodeath.` x` x 8  8`   (c)Wherelifeinsurance,theproceedsofwhichareunderthecontrol  ofthedecedent,isleftbythedecedentinsuchmannerthatthe x proceedsthereofcannotbesubjectedtothepaymentofthedecedents d debtsandwheretheproceedsofsuchinsurancearereceivedby P  beneficiariesthereofandarenotsubjectedtothedebtsofthe