Whenever a person passes away, their estate needs to be collected, managed and administered. Estate administration involves collecting assets of the estate, paying the decedent’s debts and taxes, complying with county probate requirements and distributing the remaining assets.

Charitable planning is an integral part of many of our clients’ estate plans. Through various charitable planning techniques, we assist our clients in maximizing their income tax deductions, minimizing income, estate and gift taxes, and achieving philanthropic goals.

Culp Elliott & Carpenter’s goal is to prevent disputes between beneficiaries and fiduciaries when designing and drafting our clients’ estate plans. When trust and estate controversies arise, however, our knowledge and expertise concerning the many complexities and intricacies of trust and estate law can provide substantial benefits in advancing claims of beneficiaries or defending challenges on behalf of fiduciaries.

Our attorneys and tax consultants have extensive experience representing clients who are U.S. citizens – as well as foreign clients that have U.S. business interests or personal assets in the United States – and understand the numerous issues that must be considered in designing a tax efficient estate plan.

At Culp Elliott & Carpenter, we design and implement effective and efficient wealth preservation plans. An individually designed and tailored wealth preservation plan is the foundation of everything we do for our clients.

Culp Elliott & Carpenter is a trusted advisor to high-net-worth families and asset managers, and we regularly advise both in connection with family office services. We represent successful families to help them preserve and protect their wealth. 

At Culp Elliott & Carpenter, we’ve been privileged to serve as trusted advisors and fiduciaries for individuals and families, often for multiple generations of families. As trustees and executors, we strive to give clients well-deserved peace of mind concerning their financial affairs.

We have decades of experience helping clients design and implement effective and tax-efficient family business ownership structures. As a family’s assets and businesses grow, the ownership structure becomes more complex. The objective of business organization planning is to create a structure that is simple but provides powerful business, tax and estate planning benefits.

Culp Elliott & Carpenter’s attorneys have extensive experience in matters relating to the administration of trusts, ranging from the routine to the highly sophisticated.

Charitable planning is an integral part of many of our clients’ estate plans. Through various charitable planning techniques, we assist our clients in maximizing their income tax deductions, minimizing their estate and gift taxes, and achieving their philanthropic goals.