The following persons, other than one who is the petitioner or who joins in the petition, shall be served with the petition by formal notice, as prescribed by Rule 4 of the Tennessee Rules of Civil Procedure:
(1) The minor;
(2) The minor's legal custodian or guardian ad litem, if any, whether or not appointed or qualified in this state;
(3) Each party to the contract;
(4) The parent or parents of the minor;
(5) Any person having the care and custody of the minor;
(6) The person with whom the minor resides, if other than a parent or guardian; and
(7) If it appears that the minor is married, the minor's spouse.