Larry R. Bray
Larry concentrates his practice in estate planning and post-death administration, as well as asset protection planning and charitable planned giving. He counsels clients with respect to a wide range of issues relating to wills and trusts, estate planning, trust administration, asset protection, charitable giving, business succession, and taxes.
Larry is a member of WealthCounsel, LLC, a national provider of estate planning education and document drafting systems. He is also a member of ePlanners Educational Alliance, a non-profit educational organization founded by prominent estate, trust, tax and business attorneys from around the United States. It provides state-of-the-art educational opportunities and resources for its members while furthering the collegiality of the profession.
Larry has presented nationally to professional audiences for ePlanners, WealthCounsel, LLC, the University of Mississippi’s Mid-South Conference on Estate Planning, the Esperti Peterson Institute for Advanced Estate Planning Strategies, the Teton Institute, the Planned Giving Council of Greater Memphis and the Mid-South Forum of Estate Planners.
PRACTICE AREAS
- Estate Planning
- Powers of Attorney for Financial Transactions
- Living Wills
- Powers of Attorney for Health Care Decisions
- Last Will and Testaments
- Revocable Living Trusts
- Tennessee Community Property Trusts
- Tennessee Tenants by the Entireties Trusts
- Generation Skipping Transfer Tax Planning
- Irrevocable Life Insurance Trusts
- Irrevocable Gift Trusts
- Retirement Benefits Planning
- Special Needs Trust
- Incentive Trusts
- Educational Trusts
- Asset Protection Planning
- Limited Liability Companies
- Family Limited Partnership
- Domestic Asset Protection Trusts, including Tennessee Investment Services Trusts and Mississippi Qualified Disposition Trusts
- Off-Shore Asset Protection Trusts
- Charitable Planning
- Estate Administration
EDUCATION
- Freed-Hardeman University, Varsity Basketball Scholarship
- University of Memphis, Bachelor of Business Administration in Accounting, Cum Laude
- University of Memphis, Cecil C. Humphreys School of Law, Juris Doctor
ADMISSIONS
- Tennessee
- Kentucky
- Wyoming
- New York
- United States Tax Court
WORK EXPERIENCE
- Attorney, Patterson Bray
- Attorney, Smith Bray & Associates, PC
- Tax Accountant, Watkins, Watkins & Keenan, CPAs
PROFESSIONAL & COMMUNITY ACTIVITIES
- Member, WealthCounsel, LLC
- Member, e.Planners Educational Alliance
- Member, Tennessee Bar Association
- Member, Memphis Bar Association, Wills/Probate Section
- Member, Wyoming Bar Association, Estate Planning, Trust & Probate Section
- Member, New York State Bar Association, Trusts and Estates Law Section
- Member, Kentucky Bar Association, Probate & Trust Law Section
- Member, Memphis Estate Planning Council
- Former Officer and Current Member, Planned Giving Council of Greater Memphis
- Member, Professional Advisors Council of the Community Foundation of Greater Memphis
- Former Chairman of the Board of Trustees of his local church where he also served on the Endowment Fund Committee
REPRESENTATIVE MATTERS
- Successful transfer of $30 million estate tax-free to heirs using gifting strategies to irrevocable trusts prior to the sale by three partners of a national company for $60 million.
- Successful asset protection plan for a contractor protecting $7 million of assets from subsequent creditors who settled for a fraction of the original amount of the lawsuit.
- Combined asset protection plan and estate tax reduction plan for physician who was able to settle a lawsuit for a fraction of the original amount of the lawsuit and was able to transfer $5 million in assets estate tax-free to his heirs.
- Accomplished the efficient business succession plan for a $10 million company at the death of an owner without court interference or incurring any additional tax liability.
- Successful structure of a construction company so that $20 million of the $30 million sales price will transfer estate tax-free to the family.
RATINGS & REVIEWS
Patterson Bray
20+ Years of Experience
24/7 Call Answering
Nashville & Memphis Offices
Reach out to Patterson Bray and an attorney will follow up with you soon.
Posted on Google Ashton HTrustindex verifies that the original source of the review is Google. We’ve had an outstanding experience with this firm across multiple needs, including trust document creation and forming an LLC. From start to finish, they were professional and proactive. They made sure we understood every step of the process and checked in to confirm our preferences, as well as offering thoughtful alternatives whenever something didn’t feel like a good fit. That level of communication and attention to detail is rare. Every interaction built confidence that we were in the right hands. They not only handled the legal work effectively, but also made the entire process feel manageable and well-guided. We cannot recommend them highly enough and will absolutely continue using them in the future.Posted on Google Judy sTrustindex verifies that the original source of the review is Google. Attorney Judith Denham and her legal assistant, Gaby Wright, made a great team in creating a trust for me. Judith explained everything in a clear, cohesive way and set up a trust in a timely manner. She gave me a binder for my trust with all the legal paperwork sectioned off in tabs so I can find things easily. When I had questions, Judith and Gaby were responsive and helpful. I give them my highest recommendation.Posted on Google Nancy JTrustindex verifies that the original source of the review is Google. I am so pleased with my new relationship with Judith Dunham and her fantastic team! They helped me create a Trust and end of life documents that I understand and feel very comfortable with. It’s a relief to have this life task well updated and I’m very grateful to Judith, Gabby and the whole team! If you’re looking for very professional, reliable assistance with these type documents, they are wonderful!Posted on Google Davis WTrustindex verifies that the original source of the review is Google. This website was clear and easy to navigate. It does a good job of explaining services and further supports itself with testimonials.Posted on Google MTrustindex verifies that the original source of the review is Google. I had a few (what I would consider) silly questions to ask the legal team at Patterson Bray PLLC. Having very little knowledge of the situation I needed clarity on, I had no idea what to expect. I was met with nothing but professionalism and warmth from attorney Rachel Meadows. She gave me information I didn’t even remotely consider, and my questions were thoroughly answered without judgement. She could have certainly given me less detailed responses, but I felt that she genuinely cared about my situation, and appreciated her taking me seriously. I’m extremely impressed with the service I received from this law firm and will happily recommend it.Posted on Google Zack CTrustindex verifies that the original source of the review is Google. After bringing up my specific legal issue, I was quickly and throughly informed on how to get started with hiring an attorney as well as informed on whether or not I have a claim to begin with. They answered all of my questions professionally to a point that I feel extremely satisfied with using their services.Posted on Google Dennis nTrustindex verifies that the original source of the review is Google. Very clearly explained their pricing structure. Rachel was wonderful to speak with.Posted on Google Marilyn ATrustindex verifies that the original source of the review is Google. Carlisle Dale was very helpful with Estate Planning; outlined strategy, estimates and followed-up promptly with well organized deliverables. Thank you!
comes next.