Tax Planning

Durham Tax Planning Lawyers

Optimize Your Estate Plan with Strategic Tax Planning

One crucial part of any smart estate plan is tax planning. Complex tax codes outline even more complex laws regarding taxation of a person’s property and assets. These laws can be difficult to understand and you may not be sure how they apply to your situation. The bottom line is that all estates will be taxed for certain reasons – though there are ways to reduce what you owe or to avoid certain taxes.

The solution is tax planning, one of the most important parts of any estate plan. Tax planning can help you and your loved ones save money today and in the future. Our Durham tax planning attorneys are extremely knowledgeable about the ins and outs of federal and state taxes and how they can affect families and estates. We use that knowledge to develop strategic plans and help you make informed decisions that will affect your family’s future.

To learn more about our tax planning services, we encourage you to contact us at (919) 493-8411

Key Taxes Impacting Your Estate Plan

You may feel overwhelmed when considering the tax implications of your estate plan. There are countless variables and numerous decisions to make – but rest assured, our tax planning lawyers in Durham are prepared to walk you through the process from start to finish. We highly recommend taking advantage of our firm’s tax planning services as you develop or update your estate plan.

Comprehensive tax planning considers:

  • Estate tax
  • Inheritance tax
  • Gift tax
  • Income tax
  • Capital gains tax
  • Generation-skipping transfer tax

Minimize Federal Estate Taxes with Professional Planning Assistance

North Carolina does not impose any state estate tax, but there are federal estate taxes in place. Federal estate taxes affect high net worth individuals whose estates are valued above $5.45 million – and the rate is quite high. With the help of a tax planning attorney in Durham, you can reduce the amount your family owes in estate taxes or even possibly avoid paying them altogether. It all comes down to strategic planning backed by years of experience.

If you have any questions about tax planning, give us a call at (919) 493-8411.

Why Choose Walker Lambe, PLLC?

  • Trusted Advisers for Life

    We're here with you through the long haul. When life changes arise, we'll be here to help you navigate those changes wisely and effectively.

  • Big Firm Resources, Small Team Feel
    At Walker Lambe, we are not only passionate about law, we believe in building close, long lasting relationships with our clients.
  • Individualized Approach
    We don't believe in a one-size-fits-all approach to your estate planning or business needs. We focus on understanding your situation in order to develop unique solutions to meet your goals.
  • Over 40 Years of Experience
    Having served families and businesses in Durham for over 40 years, there isn't much we haven't seen.

Contact Walker Lambe, PLLC Today!

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