Printer-friendly versionPDF version Tennessee Code AnnotatedTennessee Attorney General Opinions Reference Number: CTAS-1527 Every trust estate is entitled to the same exemption as if owned by a single taxpayer.1 1T.C.A. § 67-5-202. Book traversal links for Trust Estates ‹ Real Property Transferred between Exempt and Nonexempt Persons Up Government Property › PrintPDF