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Advantages of Tennessee Trust Law

Tennessee is one of the most trust-friendly jurisdictions in the country. The flexibility created by the law makes Tennessee trusts attractive vehicles for everyone, even those with modest wealth, trying to protect assets, minimize taxes and provide a structure for distributions to beneficiaries. The state considers this position to be a competitive advantage to lure more business to Tennessee, and has actively updated its laws to maintain its flexibility.  Read the details in this White Paper.