Tax Planning Attorneys in Durham

An Important Financial Element of Your Estate Plan

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.

Taxes to Consider

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

Estate Tax Planning

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.

Real People. Real Results.

See What Our Clients Have to Say About Us

“Good, professional work”
James K.
“Highly recommend for all your estate and trust planning!”
Adriese W.
“Completely satisfied!”
Bill
“[Shirley] proved to be a careful listener and eventually produced a document that was thorough and beyond our expectations”
Virginia W.
“Thorough and comprehensible attention to revising my estate documents.”
Joseph J.
“Trust and Expertise with Walker Lambe.”
GWR
“We highly recommend Rupe.”
Carol D.
“"Outstanding Communication Skills and Knowledge of the Law"”
Martha B.
“Thank you”
Virginia R.
“Excellent, personalized, top-notch service.”
Shruti T.
“Excellent Service/Knowledgeable Staff”
Michele
“Exceptional Client Service”
Carolyn & Peter
“Great client service, and instructional knowledge”
Virginia
“Jennifer is flexible and so easy to work with.”
Leisa D.
“I highly recommend them for Estate Planning matters.”
Vinny S.