Compass Estate and Tax Planning - Cary, NC

Comprehensive Estate and Tax Planning in Cary, North Carolina

Preserving family wealth and protecting personal assets requires more than generic legal templates; it requires strategic legal foresight that integrates asset protection with advanced tax reduction. At Compass Estate and Tax Planning, individuals, families, and business owners receive tailored legal guidance designed to secure long-term stability. The firm is led by attorney Steven Lars Lundberg, a United States Air Force veteran who earned his Juris Doctor from Southwestern Law School cum laude and a Master of Laws (LL.M.) in Taxation with honors from Loyola Law School. A former Attorney Advisor for the Social Security Administration, Certified Tax Coach, and multi-year Super Lawyers Rising Star honoree, Steven Lundberg brings deep dual mastery in estate planning and taxation. Together with attorney Stephanie K. Faris, the firm ensures every client receives thoughtful, proactive counsel. When you need to hire an estate planning attorney who understands modern tax law, Compass Estate and Tax Planning provides dedicated legal advocacy.

Customized Wills, Living Trusts and Probate Administration

Every family circumstances and asset portfolio is distinct. Compass Estate and Tax Planning designs personalized legal structures that shield assets from unnecessary expense, maintain family privacy, and eliminate probate delays.

Key Estate and Wealth Protection Services

• Revocable Living Trusts: Crafting revocable trusts that allow grantors to maintain full control during life while facilitating the seamless transfer of assets outside North Carolina probate court.
• Last Will and Testament: Preparing comprehensive wills that declare asset distributions, appoint executors, and name trusted legal guardians for minor children.
• Special Needs Trusts: Establishing supplemental needs trusts to provide ongoing care for disabled beneficiaries without jeopardizing government assistance programs like Medicaid and SSI.
• Powers of Attorney: Drafting durable financial powers of attorney and healthcare power of attorney documents to authorize trusted fiduciaries during unexpected incapacity.
• Living Wills and Directives: Documenting advance healthcare directives to ensure medical preferences and end-of-life choices are honored.
• Probate and Trust Administration: Guiding executors through the Wake County Clerk of Court probate process, resolving creditor claims, and completing trust distributions.

Proactive Tax Planning and Mitigation Strategies

Excessive taxation can significantly erode accumulated wealth. Utilizing advanced tax qualifications, the firm delivers proactive tax planning for professionals, retirees, and families across North Carolina. The practice advises on capital gains tax reduction, estate tax planning, income timing, and entity structuring to minimize state and federal tax liabilities well before filing deadlines arrive.

Business Law and Corporate Succession Planning

For entrepreneurs, safeguarding personal wealth involves structuring commercial ventures correctly. Compass Estate and Tax Planning assists with business formation, drafting limited liability company (LLC) operating agreements, partnership documents, and buy-sell agreements under North Carolina statutes. The firm builds clear succession plans that ensure seamless leadership transitions during retirement or unforeseen emergencies.

Dedicated Advocacy Across Wake County

Located on Kildaire Farm Road in Cary, Compass Estate and Tax Planning serves clients throughout Cary, Raleigh, Apex, Holly Springs, and the Research Triangle. With twenty-four-seven intake accessibility and a focus on plain-language explanations, the firm empowers clients to navigate the future with enduring peace of mind.