Cain Law Firm delivers principled legal representation across QDROs, litigation, estate planning, business law, consulting, and limited scope services.
At Cain Law Firm, every client works directly with our attorney — supported by a dedicated team committed to your outcome.
The Super Lawyers list is issued by Thomson Reuters. A description of the selection methodology can be found at SuperLawyers.com.
We serve families and individuals with the full range of wills, trusts, and estate planning — and we also offer advanced, niche-specific planning for clients whose net worth is tied up in operating businesses and investment entities. If you own rental property, a franchise, or a closely held company, the standard estate plan often isn’t enough to protect your control and your value.
Shield your LLC and Series LLC portfolio from the Tennessee “Assignee Trap” that can strip your heirs of control.
Explore →Plan around franchisor transfer restrictions and the transition clock so your unit survives the handoff.
Explore →Preserve hard-won enterprise value with voting splits, key-employee retention, and continuity planning.
Explore →We offer confidential consultations. Let us understand your situation and outline a clear path forward.
Cain Law Firm is built on a simple belief: every client deserves direct access to experienced legal counsel and a team that is genuinely invested in their outcome.
At Cain Law Firm, you work directly with our attorney from your first consultation through the resolution of your matter. We are supported by a dedicated team of paralegals and legal assistants who help us deliver responsive, thorough service at every stage of your case.
We take on matters where we can make a genuine difference. Our practice is intentionally focused — covering QDROs, civil litigation, estate planning, asset protection, business law, consulting, and limited scope services — so that every client benefits from deep expertise rather than a generalist approach.
We understand that legal matters are rarely just legal matters. They affect your finances, your family, and your peace of mind. We treat each client's situation with the care and attention it deserves.
We give you honest counsel — even when it is not what you hoped to hear.
Thorough preparation and strategic thinking define our approach to every matter.
You have direct access to your attorney throughout your engagement with us.
We measure our success by the outcomes we achieve for those we represent.
The Super Lawyers list is issued by Thomson Reuters. A description of the selection methodology can be found at SuperLawyers.com.
Select a practice area to learn how Cain Law Firm can help. Every engagement begins with a confidential consultation.
Qualified Domestic Relations Orders require technical precision and deep knowledge of both family law and retirement plan administration. Our team is among the most experienced in QDRO drafting and processing in Tennessee.
Precision-drafted orders that protect what you’ve earned — fair, accurate, and future-focused.
For detailed guidance on Qualified Domestic Relations Orders, plan types, and the drafting process, visit our dedicated QDRO resource.
A Qualified Domestic Relations Order is a legal order that divides retirement plan benefits between divorcing spouses. It directs a retirement plan administrator to pay a portion of one spouse's benefits directly to the other — the alternate payee. Without a properly drafted QDRO, a former spouse may permanently lose retirement benefits they are entitled to under a divorce decree.
QDROs apply to employer-sponsored plans governed by ERISA, including 401(k)s, pensions, profit-sharing plans, and 403(b) plans. Each plan has its own requirements, and errors in drafting can result in rejection, delays, or the permanent loss of benefits.
We consult with individuals, divorce attorneys, and mediators to help with complex retirement plan divisions, including pre-MDA and pre-mediation consulting on structuring and valuing retirement plan asset divisions. If you are a divorce attorney or mediator and need help with a complex issue, call us before the MDA is signed. Mr. Cain has also served as an expert witness regarding QDROs and retirement plan valuations in several courts in Tennessee.
We collect divorce decree details, plan information, personal information and account statements to understand the full picture. This can usually be done through uploading or emailing your documents to us.
We review the divorce documents, contact the plan administrator (if needed), review plan-specific QDRO requirements and model language, and discuss any other questions before starting the drafting process.
We draft the order and submit it to the plan for pre-approval (if needed) before filing with the court. In this stage, we also get approval from both parties and make any needed revisions before completion.
Once the draft is approved, we file the QDRO with the court and submit the certified copy to the plan administrator.
When disputes cannot be resolved out of court, you need a team that is as effective in the courtroom as at the negotiating table. We are prepared to pursue your interests at every level of the judicial system.
Big-firm experience and Super Lawyer skill — at small-firm pricing and service.
When a dispute threatens your business, conventional wisdom says you must either overpay a big firm or settle for a bargain attorney who’s in over their head. Neither protects you. There is a better way.
Elite experience — but billed at punishing hourly rates, with your case handed off to junior associates.
Affordable — but lacking the experience and firepower a serious dispute demands.
Big-firm experience and Super Lawyer skill — delivered at small-firm pricing, with direct access to your attorney.
You don’t have to choose between experience and affordability. With us, you get both.
Elite, top-tier litigation talent and a proven track record in state and federal court.
Named a Super Lawyer in Civil Litigation, 2023–2025 — recognized among the state's best.
Flexible fees, direct access to your attorney, and a budget-conscious, business-first strategy.
The Super Lawyers list is issued by Thomson Reuters. A description of the selection methodology can be found at SuperLawyers.com.
We don’t represent multi-billion-dollar conglomerates. We represent you—the independent business owners, partners, and local companies driving the economy. We protect your interests in:
Whether it’s a vendor failing to deliver, a customer refusing to pay, or a breach of a non-compete, we enforce your rights and protect your revenue.
Internal conflicts can paralyze a company. We resolve member exit battles, squeeze-outs, and breaches of fiduciary duty efficiently.
Protecting contractors, subcontractors, and property owners from costly project delays, mechanics’ liens, and workmanship claims.
Navigating high-stakes disagreements over what a business is worth, shareholder deadlocks, and corporate governance failures.
Defending small businesses against wage-and-hour, discrimination, or wrongful termination claims before they drain your operating capital.
Elite Credibility, Realistic Pricing. Attorney Chip Cain was named a Super Lawyer in Civil Litigation from 2023–2025—a distinction given to only a small percentage of attorneys in the state. The Super Lawyers list is issued by Thomson Reuters; a description of the selection methodology can be found at SuperLawyers.com. You get recognized, top-tier legal talent without paying for a downtown skyscraper’s overhead.
Predictable legal spend is crucial for small businesses. We work with you to find flexible fee structures—tailored hourly rates, phased billing, or flat-fee arrangements for specific litigation milestones.
At big firms, your case is often passed down to junior associates learning on your dime. Here, you work directly with a seasoned litigator who knows your business, responds to your calls, and steers strategy from day one.
Winning at all costs isn’t a victory if the legal fees ruin your business. We treat your litigation as a business decision, weighing the cost of trial against smart, aggressive settlement strategies to get you back to work faster.
Elite, big-firm experience delivered with small-firm agility, personal attention, and a budget-conscious mindset built for independent businesses and individuals.
Cain Law Firm represents individuals and businesses in civil litigation matters across Tennessee state courts and the federal district courts. We combine thorough case preparation with strategic, efficient advocacy — always with an eye toward the outcome that best serves your long-term interests.
We represent both plaintiffs and defendants. Whether you are pursuing a claim or defending one, our approach is the same: methodical preparation, honest counsel, and vigorous representation.
Beyond core business disputes, we also handle tortious interference with business relationships; fraud, misrepresentation, and fiduciary-duty claims; probate and estate disputes; and partnership and shareholder disputes.
We pursue resolution through negotiation or alternative dispute resolution wherever it is in your interest to do so. When litigation is necessary, we commit fully — from pre-litigation strategy through discovery, motion practice, trial, and appeal.
Won summary judgment and defended the judgment through the Federal Sixth Circuit Court of Appeals. Franklin Amer. Mortg. Co. v. Univ. Nat’l Bank of Lawrence, 910 S.W.3d 270 (6th Cir. 2018)
Represented Plaintiff in case of first impression, overturning the trial court’s denial of summary judgment to the Plaintiff. Sparks v. Dillingham, 2013 WL 2420391 (Tenn. Ct. App. Jun. 4, 2013)
Successfully defended employer against sexual harassment claims to jury verdict. McKee v. CTel No. 1, No. 3:17-cv-01566 (M.D. Tenn. 2019)
Successfully overturned the trial court on appeal, then won Summary Judgment on remand. FDA Properties, LLC v. Miller, 2018 WL 5919139 (Tenn. Ct. App. Nov. 13, 2018)
Served as lead counsel for the out-of-state defendants in a commercial dispute. The court granted the defendants’ motion to dismiss for lack of jurisdiction and venue. Shiplane Transp., Inc. v. HWY 31 Exch. Inc., No. 1:23-cv-09995 (S.D.N.Y.)
Let’s talk about your options, your budget, and how we can protect what you’ve built.
Schedule a ConsultationProtecting what you have built — for yourself, your family, and future generations — requires thoughtful planning and precise legal structures. We help clients create lasting frameworks for wealth preservation and transfer.
Sophisticated asset protection and estate strategy — legacy, protection, and peace of mind.
For detailed guidance on trusts, asset protection strategies, and advanced estate planning in Tennessee, visit our dedicated asset protection resource.
A well-constructed estate plan does more than distribute assets at death — it protects your wealth during your lifetime, provides for loved ones, minimizes tax exposure, and ensures your wishes are honored. We work with each client to build a complete plan tailored to their unique family, financial, and business circumstances.
Asset protection planning is the strategic arrangement of your financial affairs to shield assets from potential future creditors, lawsuits, or judgments — before any claim arises. We design structures that provide durable protection within the bounds of the law.
We learn about your family, finances, business interests, and goals to build a complete picture.
We develop a customized plan and walk you through every document and structure we recommend.
We draft all documents and guide you through the signing and funding process.
We recommend periodic reviews to keep your plan current with changes in law and life circumstances.
Beyond traditional wills and trusts, we offer premium, niche-specific planning for clients whose wealth is tied up in operating businesses and investment entities — where the wrong succession plan can quietly destroy control and value.
Protect governance control of your LLCs and Series LLCs against the Tennessee Assignee Trap.
Learn More →Navigate franchisor transfer restrictions and the transition clock before they threaten your unit.
Learn More →Preserve enterprise value with voting splits, executive retention, and continuity planning.
Learn More →Tennessee law contains a trap that can strip your family of all governance power over your LLCs the moment you die or become incapacitated, leaving them as powerless income recipients while someone else runs your portfolio. Sophisticated structuring prevents it.
Request a Portfolio Protection Audit ↗Most investors assume that if their LLC interests pass to their spouse or children, the family simply steps into their shoes. In Tennessee, that assumption can be catastrophically wrong.
Under T.C.A. § 48-219-101 and § 48-216-101, when a member’s membership terminates and the LLC’s business continues, the successor is treated as a mere assignee of financial rights — entitled to distributions, but stripped of all voting and management authority.
Your heirs may receive checks, but cannot decide when to sell, refinance, or distribute. They cannot remove a manager, approve capital calls, or direct strategy. The portfolio you built runs without them.
Form LLC documents and DIY filings rarely override the statutory default. If your operating agreement is silent, the statute governs — and the statute favors loss of control.
Active investors often hold a dozen or more single-property LLCs or a Series LLC. The trap repeats in every entity, compounding the exposure across the entire portfolio.
We design the ownership architecture so that governance — not merely income — passes intact to the people you choose, on the terms you set.
A parent holding LLC owns the property-level entities, consolidating governance at a single, trust-owned tier so succession is controlled in one place rather than entity by entity.
We draft express provisions that override the statutory assignee default — ensuring your successor trustee or heirs retain full governance rights, not just financial rights.
Membership interests held in a properly structured trust avoid the termination event that triggers the trap, while adding creditor protection and probate avoidance.
For Series LLCs and large portfolios, we align every series and entity under one coherent succession plan, eliminating the gaps that DIY structures leave behind.
We’ll review your entity structure and operating agreements and tell you, plainly, where your control is exposed.
Request a Portfolio Protection Audit ↗Most franchise agreements restrict transfers — including transfers at death. Without advance planning, your family can be forced into a 90-to-180-day scramble to win franchisor approval, or watch the franchise be terminated and its value erased.
Request a Franchise Succession Review ↗A franchise is not an ordinary asset. Your right to operate it is governed by a contract that the franchisor wrote — and that contract usually controls what happens when you die.
Most franchise agreements treat a transfer to heirs as a regulated transfer requiring franchisor consent. Your estate plan cannot simply hand the business to your family if the franchise agreement says otherwise.
Many agreements impose a strict window — often 90 to 180 days — for the estate to designate a qualified successor, obtain approval, and complete training. Miss it, and the franchisor may terminate.
If approval fails or the clock runs out, the franchisor can terminate the franchise. The location, the brand rights, and often the underlying value disappear — leaving your family with debt and a shuttered unit.
Franchisors typically require successors to meet financial and operational qualifications. A grieving spouse or child who doesn’t meet them has no automatic right to step in.
We build a succession plan that satisfies the franchise agreement in advance — so your family inherits an operating business, not a countdown.
We read the actual transfer, succession, and termination clauses in your specific agreement and map exactly what the franchisor will require of your estate.
We identify and, where the agreement allows, pre-qualify a successor operator or manager — so approval is a formality, not a crisis.
We structure ownership so the transfer mechanism your franchisor accepts is already in place, coordinated with your trust and operating documents.
A standby management arrangement keeps the unit operating and compliant during the transition window, protecting both cash flow and the franchise relationship.
We’ll review your franchise agreement’s transfer provisions against your current plan and show you where the gaps are.
Request a Franchise Succession Review ↗A viable business is worth far more than its assets — until the owner is gone and key people walk, customers leave, and control fractures among heirs. We plan the transition so the value you built survives you.
Request a Succession Risk Review ↗Enterprise value — the premium a business commands above its hard assets — depends on continuity, key relationships, and clear control. Each of those is fragile at succession.
When ownership passes equally to several heirs, no one has decisive control. Deadlock stalls decisions, and a once-nimble company freezes at the worst possible moment.
The managers and rainmakers who drive the business have no reason to stay through an uncertain transition. When they leave, they take relationships, know-how, and value with them.
Giving every child a vote — including those uninvolved in the business — invites conflict between those who run the company and those who simply own a piece of it.
Without a plan, families often sell under pressure, to the first buyer, at a fraction of true value — precisely the outcome a lifetime of work was meant to avoid.
We separate ownership from control and lock in the people who make the business worth owning — so it transfers as a going concern, not a fire sale.
We recapitalize into voting and non-voting interests, so decisive control concentrates in capable hands while economic value can pass to all your heirs fairly.
Stay bonuses, deferred compensation, and equity-style incentives give key employees a powerful reason to remain through — and beyond — the transition.
Funded buy-sell agreements and clear governance terms prevent deadlock, define how interests change hands, and set the price before a dispute ever arises.
Trusts and valuation strategies move enterprise value to the next generation while managing estate-tax exposure and preserving liquidity.
We’ll evaluate your ownership structure and succession exposure and show you how to protect the enterprise value you’ve built.
Request a Succession Risk Review ↗From the day you form your entity to the day you exit, we provide the legal foundation your business needs to operate with confidence, manage risk, and pursue growth.
Big-firm counsel and Super Lawyer credibility — built for the way your business actually runs.
Cain Law Firm serves clients ranging from early-stage startups to established enterprises. We function as trusted outside general counsel — available to advise on the legal questions that arise in the day-to-day and strategic operation of any business.
Represent buyers and sellers in business sales and mergers. We have handled asset purchase agreements, stock sales, LLC membership transfers, joint venture agreements, and various other business sales or start-ups.
We regularly advise clients on proper business structure and assist in setting up corporations, LLCs, and business trusts.
We serve as your outside general counsel — available when you need us, with a deep understanding of your business. We have helped on franchise purchases and sales, commercial leases, employment matters, corporate financing, trade secrets matters, non-compete and non-solicitation matters, and various other problems facing small businesses, entrepreneurs, and executives.
As your business evolves, we evolve with it — advising on transactions, restructuring, and eventual succession.
Not every legal matter requires full representation. Our consulting services provide individuals, businesses, and organizations with direct access to experienced legal counsel for strategic guidance, second opinions, and complex problem-solving.
Big-firm insight on demand — strategic counsel without the full-representation price tag.
Our consulting practice serves clients who need experienced legal and strategic guidance without entering into full representation. Whether you are evaluating a transaction, reviewing documents drafted by another party, or seeking a second opinion on a legal strategy, we provide candid, expert counsel.
We discuss your matter, the type of guidance you need, and whether a consulting engagement is the right fit.
We define the scope, timeline, and fee structure clearly before any work begins.
We review relevant documents, research applicable law, and develop our analysis and recommendations.
We deliver our findings in writing and meet with you to discuss conclusions and answer questions.
Not every situation calls for full legal representation — and full representation is not always what you can afford. Our limited scope services give you access to experienced legal help for specific, defined tasks at a transparent, predictable cost.
Experienced legal help, exactly where you need it — transparent, defined, and affordable.
Limited scope representation — sometimes called “unbundled” legal services — allows you to hire an attorney for a specific portion of your legal matter rather than the whole case. You handle the parts you are comfortable with; we handle the parts that require legal expertise. The result is professional legal support tailored to your needs and your budget.
This model is especially well-suited for individuals who are representing themselves in a legal matter (pro se litigants), small business owners who need targeted contract help, or anyone who needs a legal document reviewed before signing but does not require ongoing representation.
Contact us and briefly describe what you need. We will let you know whether a limited scope engagement is a good fit for your situation.
We define exactly what we will do, what we will not do, and the flat fee or hourly estimate — in writing, before we start.
We complete the agreed task — review, draft, research, or advise — and deliver the work product within the agreed timeframe.
We deliver the work product and answer your questions. If further help is needed, we can expand the scope or move to full representation.
Securely provide your information ahead of your consultation. Choose the form that fits your matter.
Civil litigation, business disputes, consulting, and any matter that isn’t a QDRO or estate plan.
Only for Qualified Domestic Relations Orders — dividing a 401(k), pension, or other retirement plan after divorce.
Only for estate planning — wills, trusts, powers of attorney, and asset protection.
All initial consultations are confidential. We will review your matter and provide an honest assessment of your options. For QDROs, in-person initial consultations are usually not necessary and can be conducted via phone or email.
The Super Lawyers list is issued by Thomson Reuters. A description of the selection methodology can be found at SuperLawyers.com.