K. Wood "Wood" Herren

Wood Herren: Comprehensive Legal Counsel in Birmingham, Alabama

Wood Herren concentrates his practice in a diverse range of legal disciplines, providing strategic guidance and experienced representation to businesses and organizations across Alabama. He is a highly sought-after legal professional specializing in corporate transactions, tax law, exempt organizations, emerging business strategies, healthcare matters, and industrial development. Wood's deep expertise, combined with his meticulous attention to detail and commitment to client success, makes him a trusted legal counsel for a wide array of clients.

Wood's career is distinguished by his dedication to providing proactive legal solutions. He regularly advises clients on complex matters involving structuring business operations, securing financing, navigating mergers and acquisitions, and managing legal risk. A significant portion of his work centers on assisting clients with the creation and implementation of limited liability companies (LLCs), limited liability partnerships (LLPs), and joint ventures – structures that are fundamental to efficient and strategically sound business operations. He expertly guides early-stage growth ventures through crucial decisions related to entity selection, capital formation, incentive compensation plans, and the licensing of intellectual property, ensuring these ventures are built on a solid legal foundation.

Wood’s experience extends to a particularly demanding area of legal expertise: tax law. He serves as a skilled advocate for clients facing audits, administrative appeals, and litigation related to federal, state, and local tax matters. Having previously served as a law clerk to the Honorable Theodore Tannenwald, Jr., Senior Judge of the United States Tax Court, and holding an LL.M. in Taxation from New York University School of Law, Wood possesses a deep understanding of complex tax regulations and a proven ability to successfully defend clients’ interests. He assists in comprehensive tax planning, addressing issues ranging from corporate tax strategies to individual tax matters, and represents clients in intricate tax disputes, including trials and appellate litigation.

Furthermore, Wood maintains a robust practice in the area of exempt organizations, representing numerous public charities, private foundations, non-profit hospitals, trade associations, and other tax-exempt entities. He skillfully guides clients through the complexities of forming non-profit organizations and securing their appropriate tax-exempt status. He offers expert advice on the tax implications of operations and activities, including political and legislative advocacy, grant management, structuring for-profit subsidiaries, joint ventures, and addressing issues such as unrelated business taxable income (UBTI), intermediate sanctions, and board governance. Wood's profound knowledge of relevant tax laws and his dedication to safeguarding the tax-exempt status of these organizations make him an invaluable partner.

Beyond these core areas, Wood's expertise encompasses a broad range of transactions, including the purchase, sale, lease, and exchange of private aircraft – a specialized service reflecting his discerning business acumen. He provides strategic counsel on corporate governance, entity conversions, and other significant business transactions, facilitating smooth and successful outcomes for his clients.

Practice Areas

• Corporate Transactions
• Federal, State, and Local Taxation
• Exempt Organizations
• Emerging Businesses
• Health Care Organizations
• Industrial Development
• Private Aircraft Transactions
• Nonprofit / Charities Law
• Economic Development Law
• Tax Law

Awards & Recognition

• Lawyer of the Year: Nonprofit / Charities Law, Birmingham (2026)
• Lawyer of the Year: Nonprofit / Charities Law, Birmingham (2023)
• Lawyer of the Year: Economic Development Law, Birmingham (2018)
• Lawyer of the Year: Nonprofit / Charities Law, Birmingham (2013)
• Recognized: Economic Development Law, Recognized: Nonprofit / Charities Law, Recognized: Tax Law

Education & Credentials

• LL.M. in Taxation, New York University School of Law
• Law Clerk to the Honorable Theodore Tannenwald, Jr., Senior Judge of the United States Tax Court
• Bar Admissions: Alabama (details to be added)

Affiliations

Recognized Since: Recognized in Best Attorney USA since 2005

City: Birmingham, State: Alabama, Country: United States