Partner inducted as a Fellow into the American college of Trust and Estate Counsel (ACTEC). The ACTEC Foundation -promotes scholarship and education in trust, estate and related areas of Read More...
Monthly Archives: August 2016
A business succession plan is essentially an exit strategy for a business owner. A succession plan helps facilitate the orderly transfer of a business from the current owners to Read More...
Culp Elliott & Carpenter, P.L.L.C. is pleased to announce that William R. Culp, Jr. was named Best Lawyers® 2016 Litigation Read More...
On April 23, 2015, North Carolina's state fiduciary income tax was held to be unconstitutional as imposed upon the income earned and accumulated by an out-of-state trust in the case of The Kimberly Rice Kaestner 1992 Family Trust v. North Carolina Dept. of Revenue. Read More...
Culp Elliott & Carpenter, PLLC is pleased to announce that the following Partners were selected for inclusion on the 2016 North Carolina Super Lawyers Read More...
Estate planning practitioners have encountered ever-increasing changes to traditionally understood trust law. For example, modern legislation has altered state trust codes to repeal the rule Read More...
In the late 1990s, a long-time client of the firm died. The client owned 100% of a successful professional services business as well as numerous real-estate investments. The family chose Read More...
Culp Elliott & Carpenter represented Phantom Industries, Inc., a Canadian textile manufacturer, in the successful negotiating, structuring and drafting of Phantom’s agreement to purchase the operating assets of North Carolina-based Read More...
Never pay unnecessary taxes. That was Culp Elliott & Carpenter’s philosophy when it helped a client withdraw assets from two entities – a large family limited- liability company and a Read More...
A Culp Elliott & Carpenter real-estate investment client hoped to sell residential apartment complexes as a tax-free exchange. The family had owned the apartment complexes for more than 20 years. Read More...