Over the past decade, Tennessee has significantly elevated its position as a preeminent jurisdiction to situs a trust. With the latest enacted legislation in the state, that situs status is maintained. Some of the more significant enhancements of the legislation include the ability to designate applicable law, registration of a trust, and additional flexibility in decanting.
Within the wealth management context, Waller provides advice and counsel related to both business decisions and family dynamics that are unique to high net and ultra-high net worth families and individuals. Our clients seek guidance on a number of scenarios including: > New venture planning > Asset disposition > Family member or sibling disputes > Planning around a medical event > Private trust company formation and operation > Real property acquisition or disposition > Trust planning for family members incapable of managing the business. We also help our clients with their family charitable foundations and perform services for large non-profit organizations. In addition to our wealth management services, Waller is a full-service law firm serving corporate and individual clients across the spectrum of legal needs including mergers and acquisitions, intellectual property, dispute resolution, labor and employment, real estate, and government relations. We are particularly focused on serving the health care, the financial services, the real estate and the private equity industries.