Kaitlyn has represented numerous privately held businesses across multiple U.S. and international industries. Her counsel covers all aspects of forming, operating, selling, or purchasing privately held LLCs, S corporations, and C corporations. She regularly drafts complex LLC agreements, shareholder agreements, and purchase agreements and crafts tax-advantaged acquisition and reorganization plans. Kaitlyn develops business succession plans for her clients to efficiently transfer ownership of family-owned businesses to the next generation or key employees by implementing transfer restrictions, buy-out agreements, key employee retention plans, and profits and phantom equity interests. She also has extensive knowledge of Tennessee's franchise and excise tax, including application for and maintenance of its various exemptions.
Additionally, Kaitlyn advises her clients on wealth transfer planning, including drafting complex wills and revocable trusts, generation-skipping trusts, intentionally defective grantor trusts (IDGTs), grantor retained annuity trusts (GRATs), inter vivos QTIP trusts, life insurance trusts (ILITs), and domestic asset protection trusts (DAPTs). She also prepares and reviews federal estate and gift tax returns for taxable estates and conveyances.
Kaitlyn has significant experience in the formation, governance, and dissolution of IRC § 501(c)(3) public charities and private foundations, as well as and § 501(c)(4), (c)(6),) and (c)(7) entities.