Evans Petree’s trusts and estates practice area includes a broad range of services.
We work with our individual and business clients to create sophisticated estate plans that minimize taxes and preserve assets during the clients’ lives and for future generations. Our clients include entrepreneurs, business executives, closely held business entities and owners, surviving spouses, trustees and families with home offices and multiple generations of wealth.
We regularly represent executors, trustees and administrators in probate and estate and trust administration. We assist in post-mortem tax planning and the preparation of federal and state fiduciary tax returns. We also routinely represent clients in IRS and state tax controversies and audits. Our attorneys have extensive experience in wealth transfer and succession planning, and their complementary areas of expertise offer clients a depth of knowledge.
Legal needs addressed by this practice area include but are not limited to:
- Estate, gift and income tax planning
- Preparation of Wills, Revocable Trusts and Irrevocable Trusts
- Modification of Trusts
- Personal Residence Trusts
- Tennessee Community Property Trusts
- Asset Protection Planning
- Tennessee Tenants by the Entirety Trusts
- Tennessee Asset Protection Trusts (aka “Tennessee Investment Services Trusts”)
- Grantor Retained Annuity Trusts (“GRATs”)
- Irrevocable Life Insurance Trusts
- Life insurance planning and Split-Dollar Life Insurance
- Family Partnerships and Limited Liability Companies, which may result in reduced value for gift & estate tax purposes
- Tax Controversies Involving Individuals, Business, Trusts and Estates
- Trust and Estate Litigation, such as Will contests, breach of fiduciary actions, and Will & trust construction proceedings
- Charitable Trust
- Private Foundations
- Employee Benefits
- ERISA
- Conservatorships and Guardianships
- Buy-Sell Agreements
- Multi-Generational Trusts
- Premarital Agreements
- Living Wills
- Durable Powers of Attorney for and Health Care
- Advance Health Care Plans
- General Durable Powers of Attorney
