Are there classes of beneficiaries for inheritance tax? No distinction is made in classes for inheritance tax. September 08, 2015 21:45 Related articles Is jointly owned real and personal property subject to the inheritance tax? What is the inheritance tax exemption for a decedent who was a nonresident of Tennessee? I'm trying to transfer stock owned by a deceased person, and the stockbroker is requesting an Inheritance Tax Consent to Transfer. How do I obtain a consent? Who is responsible for the inheritance tax return? Does Tennessee still have an inheritance tax?