Eddy R. Smith, Esq.
Estate Planning; Trust, Probate, and Estate Administration and Litigation; and Business Succession and Planning
Since 1998, EDDY R. SMITH has worked with individuals and families to explore their goals and to match strategies and resources to their needs. He identifies planning issues and opportunities, works to enhance family dynamics, and helps navigate life, business, and financial transitions.
He is a Fellow of The American College of Trust and Estate Counsel, a Certified Exit Planning Advisor to business owners, and a member of the Tennessee Probate Study Group, a panel responsible for reviewing and drafting proposed state laws regarding estates, trusts, and inheritance, including related tax laws. He served as Chair of the TBA Estate Planning and Probate Section and President of the Knoxville Estate Planning Council.
U.S. News & World Report named Eddy in The Best Lawyers in America© in the practice areas of Trusts and Estates and Litigation -- Trusts and Estates every year he's practiced law from 2012.
Eddy was admitted to the Tennessee Bar in 1998. Eddy is also a member of the Knoxville Bar Association (KBA) and Tennessee Bar Association (TBA).
Eddy brings significant experience in advanced wealth planning. Prior to joining Kennerly Montgomery, he practiced trust and estate law for 20 years as a principal of the Knoxville law firm Holbrook Peterson Smith and worked two years for Merrill Lynch Private Wealth. Prior to law school, Eddy served two years on U.S. Army active duty and worked five years as a full-time college minister.
He and his wife have been married since 1988 and have three adult children.
Eddy received a B.A. in Economics from Virginia Tech (magna cum laude, Phi Beta Kappa), an M.A. in Religion from Lipscomb University, and a J.D. from The University of Tennessee College of Law (summa cum laude, Order of the Coif).
865-546-7311 (Phone) | 865-524-1773 (Fax)
From 2012 through 2017, Eddy wrote a trusts and estates column appearing three times per year in the Tennessee Bar Journal called “Where There’s A Will,” and has authored articles on trusts, estate planning, charitable giving, and nonprofits in the Tennessee Bar Journal, Tennessee CPA Journal, Dicta (Knoxville Bar Association), Maine Bar Journal, Louisville Bar Briefs, Across the Bar (San Joaquin County, CA Bar), and The Barrister (Camden County, NJ Bar).
- "Planning For The Day Your Practice Ends" Dicta, May 2021
- "Succession Planning for Your Business, Your Family, and Yourself" Knoxville News Sentinel (republished at msn.com), April 2021
- "Ethics Roundtable: Autonomy and Delusion" American Journal of Hospice and Palliative Medicine, April 2021
- "Shifting the Paradigm: Should Most Tennessee Trusts Last Indefinitely?" Tennessee Bar Journal, December 2017
- "Turning Virtual Impossibility into Tangible Reality: Planning for and Administering Digital Assets," Tennessee Bar Journal, August 2017
- "In Tennessee, 'T' Stands for Trust," Tennessee Bar Journal, April 2017
- "Report for Duty: Protecting Against Fiduciary Liability," Tennessee Bar Journal, December 2016
- "TBE or Not TBE, That Is the Question: Tenancy by the Entirety and the Duplicitous Husband," Tennessee Bar Journal, August 2016
- "We're All Going to Die (and Other Happy Thoughts of an Estate Planner Turning 50)," Tennessee Bar Journal, April 2016
- "No One-Hour Photo, Robin Williams' Estate Plan took Time to Develop," Tennessee Bar Journal, December 2015
- "Strictly Speaking, When Is a Will Not a Will?" Tennessee Bar Journal, August 2015
- "Can IRA Beneficiaries Trust Creditor Protection Without a Trust?" Tennessee Bar Journal, April 2015
- "R.I.P. Circular 230 Disclosures, or How the IRS Saved the Planet and Returned 30 Minutes of Your Day," Tennessee Bar Journal, December 2014
- "New Tennessee Trusts MAP Route to Better Estate Planning for Married Clients," Tennessee Bar Journal, August 2014
- "A Time to Be Born and a Time to Die: Pregnancy and End-of-Life Care," Tennessee Bar Journal, April 2014
- "The Winds(or) of Change are Blowing: Estate Planning for Same-Sex Couples in Tennessee," Tennessee Bar Journal, December 2013
- Co-authored “Big Changes to Tennessee’s Uniform Trust Code: 10 Things You Should Know,” Tennessee Bar Journal, December 2013
- "It's Trust Time in Tennessee!" Tennessee Bar Journal, August 2013
- "Something Old, Something New, Something Borrowed, Something Blue: Estate Planning Tools Married to New Realities," Tennessee Bar Journal, April 2013
- "The Report of My Practice's Death Was an Exaggeration: The Healthy Prognosis for Estate Planning in Tennessee," Tennessee Bar Journal, December 2012
- “Lawyers on Board: Principles of Nonprofit Governance for Attorneys Serving on and Counseling Charity Boards,” Tennessee Bar Journal, January 2010
- “Book Review: Pritchard on Wills and Administration of Estates,” Tennessee Bar Journal, December 2008
- “60 at 60: Knoxville Attorney Dan Holbrook Goes the Extra Mile(s) for Fun and Charity,” Knoxville Bar Association’s Dicta, April 2008
- “Practice Tips: Making Philanthropic Advising a Part of Your Law Practice,” KBA Dicta, January 2007
- Co-authored “Tootsie (TUTC) Dresses Trusts in New Attire: Tennessee Enacts the Uniform Trust Code,” Tennessee CPA Journal, November 2004
- Knoxville Bar Association, "Retirement Plan Administration and Planning for Law Firms and Lawyers in the Wake of the SECURE Act, CARES Act, and More" (Co-presenter), 2021
- Smoky Mountain Planned Giving Council, “The Philanthropic Conversation: Understanding Advisor Approaches & Client Expectations,” 2020
- Tennessee Bankers Association, Trust and Wealth Management Conference, “And Now for Something Completely Different: Recent Legal Developments Change the Landscape for Trust Planning and Administration,” 2016
- Knoxville Bar Association, “Smooth Sailing Ahead: Keeping the Nonprofit Ship off the Rocks and Lawyers, Board Members, Staff, and Donors from Falling Overboard,” 2015, 2013
- National Business Institute, “Tax-Exempt Organizations from Start to Finish,” 2014
- Tennessee Bar Association Tax Section, “Update on Estate Planning and Asset Protection in Tennessee,” 2013
- Tennessee Bar Association Estate Planning and Probate Forum, “Clayton QTIP Trusts (They Have Nothing to Do with Trailers or Ear Wax),” 2012
- Tennessee Bankers Association Trust and Wealth Management Conference, “The 2010 Window on Generation-Skipping Transfers or How to Double the Value of a Trust,” 2010
- American College of Trust and Estate Counsel Southern Region Meeting, “Nonprofit Governance and the New IRS Form 990,” 2010
- Knoxville Bar Association, “What Will Congress Do? Estate Planning and Administration in 2010 and Beyond,” 2010
- Knoxville Estate Planning Council, “Uncertain Death Taxes,” 2010
- Professional Education Systems Institute, “The Complete Trust Workshop,” 2003-10
- Singleton B. Wolfe Memorial Federal Tax Conference, “Significant Changes for Tax-Exempt Entities,” 2009
- Society of Financial Service Professionals, Knoxville Chapter, “Estate Planning for Family Business Owners,” 2009
- Singleton B. Wolfe Memorial Federal Tax Conference, “Selected Estate and Charitable Planning Developments,” 2008
- University of Tennessee MBA Innovation & Entrepreneurship Program, “Nonprofit Organizations,” 2008
- Knoxville Bar Association, “Lawyers and Philanthropy,” 2005-07
- East Tennessee Financial Planners Association, “Estate Planning Interactive Case Study,” 2007
- Tennessee Bar Association, “Estate Planning and Charitable Giving Aspects of the Pension Protection Act of 2006,” 2006
- Tennessee Leadership Conference Association of Community Leadership, “Creating and Funding a Legacy: Planned Giving from the Charity’s and Donor’s Perspectives,” 2006
- Sevier County Bar Association, “Top Ten Estate Planning Mistakes in Tennessee,” 2006
- Smoky Mountain Planned Giving Council, “Charitable Bequests,” 2005, 2002
- Tennessee Bar Association, “Lawyers and Philanthropy,” 2004
- Lorman Education Services, “Trust Administration in Tennessee,” 2004
- Tennessee Society of Certified Public Accountants, Knoxville Chapter, “Getting Your House in Order: An Overview of Estate Planning,” 2003
- East Tennessee Financial Planners Association, “Legal and Tax Issues in Estate Planning,” 2003
- Tri-Cities Estate Planning Council, “All in the Family: The Use of Limited Partnerships and Limited Liability Companies in Estate Planning,” 2002
- Singleton B. Wolfe Memorial Federal Tax Conference, “Estate Planning for IRAs and Qualified Plan Benefits,” 2002
- Tri-Cities Estate Planning Council, “Estate Planning and Drafting in Response to the Economic Growth and Tax Relief Reconciliation Act,” 2001
- United Way Nonprofit Management Center, “Creating and Funding a Legacy: Planned Giving from the Charity’s and Donor’s Perspectives,” 2001
- Knoxville Estate Planning Council, “What You Need to Know About the Biggest Estate and Gift Tax Changes in 20 Years,” 2001