IN RE ESTATE OF AUSTIN


920 S.W.2d 209 (1996)

In re ESTATE OF Mary T. AUSTIN, Deceased, Elizabeth T. AUSTIN, Beneficiary-Appellant, v. Christy N. AUSTIN and Robert C. Austin, Jr., Beneficiaries-Appellees.

Supreme Court of Tennessee, at Knoxville.

April 8, 1996.


Attorney(s) appearing for the Case

Craig V. Gabbert, Jr., L. Glenn Worley, Harwell, Howard, Hyne, Gabbert & Manner P.C., Nashville, Jack W. Robinson, Sr., Gullett, Sanford, Robinson & Martin, Nashville, for Beneficiary-Appellant.

John A. Walker, Jr., Walker & Walker, P.C., Knoxville, for Beneficiaries-Appellees.


OPINION

REID, Justice.

This case presents for review the decision of the probate court, affirmed by the Court of Appeals, that the personal representative in this case may, in his discretion, distribute certain corporate stock in kind rather than sell the stock and distribute the proceeds. The decision misconstrues applicable law and is reversed.

The parties, Elizabeth T. Austin, appellant, and Christy N. Austin and Robert C. Austin, Jr.,...

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