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Mississippi Estate Value Calculator

Divorce a Mississippi spouse who held property as tenants by the entirety, and survivorship doesn't automatically disappear — it just downgrades to an ordinary joint tenancy. Check each asset below to see what actually counts toward the probate estate.

Miss. Code § 89-1-7, § 91-27-1, § 81-5-63 FigureMyTax Editorial Team Free · no sign-up

By the FigureMyTax Editorial Team · Reviewed 2026 · How we calculate

What's in this estate?

For each asset the person owned, enter its value and how it's titled. We'll sort each one into the Mississippi probate estate or outside it.

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Mississippi probate estate (what a court oversees)
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Is this small enough to skip probate? →
Facing probate in Mississippi?

A local probate attorney can review your estate — many offer a free consultation.

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Tenancy in common by default, with a divorce twist

Mississippi presumes real estate deeded to two or more people is a tenancy in common, unless the deed clearly states otherwise. Married couples can also hold tenancy by the entirety — and if they divorce, it doesn't simply end; it converts into an ordinary joint tenancy, keeping survivorship alive between the former spouses. See our full breakdown of Mississippi joint tenancy and entirety rules.

A late-adopted TOD deed

The Mississippi Real Property Transfer-on-Death Act became effective July 1, 2020, one of the more recent adoptions among the states that have this option. See our full guide to the Mississippi TOD deed.

Bank accounts default toward survivorship

Unlike Mississippi real estate, a joint bank account carries a presumption of survivorship by default. See our guide to Mississippi beneficiary and P.O.D. accounts, including a gap in P.O.D. authority specific to credit unions.

Where this feeds into other Mississippi calculators

The probate-estate total from this tool is the starting point for Mississippi's probate cost and executor fee calculators, and for checking Mississippi's small estate procedures. Mississippi has no state estate or inheritance tax, so this total doesn't feed into a separate state tax calculation.

Mississippi estate value — frequently asked questions

Does jointly owned real estate skip probate in Mississippi?

Only if the deed expressly declares survivorship. Mississippi presumes a tenancy in common by default, unless the deed clearly states the owners hold title as joint tenants with a right of survivorship, or spouses hold it as tenants by the entirety.

What happens to Mississippi tenancy by the entirety if the spouses divorce?

It converts into an ordinary joint tenancy rather than a tenancy in common, meaning survivorship continues between the former spouses unless they take further action to sever it after the divorce.

Does Mississippi have a transfer on death deed?

Yes, but only since 2020. The Mississippi Real Property Transfer-on-Death Act became effective July 1, 2020, making Mississippi one of the later states to adopt this kind of deed.

Does a Mississippi bank account default to survivorship?

Yes. A deposit made in the name of two or more people, payable to any of them or the survivor, raises a presumption of joint tenancy with right of survivorship.

Does Mississippi's bank account survivorship presumption cover credit unions the same way?

Survivorship works at credit unions too, but payable-on-death designations are different — there is no clear statutory authority for pay-on-death accounts specifically at Mississippi credit unions, unlike banks and thrift institutions.

Mississippi estate value tools & guides

Mississippi Joint Tenancy & EntiretyWhat divorce does (and doesn't) undo Mississippi TOD DeedAvailable only since 2020 Mississippi Beneficiary AccountsP.O.D., life insurance, retirement accounts Mississippi Small Estate CheckerIs this estate small enough to skip probate? Mississippi Probate Cost CalculatorWhat full probate would cost on this total Mississippi Probate vs Living TrustWould a trust have avoided this?

This calculator provides an estimate for general guidance only and is not legal advice. Figures are based on Mississippi statute (Miss. Code § 89-1-7, § 91-27-1 et seq., § 81-5-63) verified per our methodology. How a specific asset is actually classified depends on its full paperwork, account agreement, or deed language. Confirm with the chancery Clerk or a licensed Mississippi attorney before acting.