Practice Area
Series LLC Attorney in Tennessee
A series LLC lets you hold several assets under one parent entity while keeping each one's liability walled off from the others. For real-estate investors especially, it can do the job of separate LLCs per property — but only if it is set up and run with real discipline.
This page covers a focused service. For the broader editorial practice area, see Owner Disputes in Tennessee.
One parent, separate liability per asset — if you run it right
Tennessee lets you use a series LLC to segregate the liability of distinct assets inside a single parent. Done correctly, each series is treated as functionally separate, so a problem in one does not reach the others. Done sloppily, the wall between them comes down, and you are left with one big entity instead of the protection you paid for. The setup is the parent formation, the organizational documents for each series, and a recordkeeping protocol that actually keeps them apart.
For a real-estate investor, that usually looks like one parent LLC with each property in its own series — each with its own bank account, its own bookkeeping, and its own operating documents.
The segregation only holds if you respect the formalities
The separation is not automatic. It depends on treating each series like its own company: separate accounting, separate signatures, separate paperwork. Blur those and a creditor has an argument that the series should be collapsed back together. Tennessee's tax treatment of series can also be nuanced, so I coordinate that with your CPA as part of the setup.
Whether a series LLC is the right tool, or whether separate LLCs or a holding structure fits better, depends on your assets, your lenders, and how you actually plan to operate. Lay out the properties and the ownership, and we can work out whether a series, separate LLCs, or a holding structure actually fits.
How to start
Send a list of the planned series or properties, member ownership, and existing entity documents. Fit and pricing generally returned within one business day.
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The information on this page is provided for general educational purposes only and is not legal advice. Laws change and facts matter; every situation is nuanced. If you would like the office to evaluate your specific facts, please share the basics below and we will be in touch.
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