Jun 4, 2024 | Understanding Trust Administration
Unpacking the Benefits of Tennessee’s 2024 Trust Code Revisions Tennessee has long been recognized as a leader in trust law, offering a progressive and flexible framework for trust administration that benefits grantors, trustees, and beneficiaries alike. The state...
Jun 25, 2021 | Understanding Trust Administration
On May 12, 2021, the Governor of Tennessee signed into law HB1186/SB0896—a bill containing several revisions to Tennessee’s Trust Code. Tennessee continues to distinguish itself as a desirable state for trust administration, and this recently enacted legislation seeks...
Jun 25, 2019 | Understanding Trust Administration
We’ve previously covered many of the tax laws that Tennessee has enacted to make the state a leader in the trust world. The Tennessee Community Property Act of 2010 is one such measure, which can benefit families nationwide. Tennessee is one of only...
Dec 4, 2018 | Understanding Trust Administration
Trust documents using out of date legislation or antiquated approaches can create frustrating challenges for families and advisors. Other times, changing family dynamics or health circumstances can render a trust ineffective in meeting the needs of a beneficiary....
