Gray Reed (Formerly KB Carlton, PLLC) - Plano, TX

Elite Estate Planning and Business Counsel in Plano, Texas

Formed through the integration of the premier private wealth boutique KB Carlton, PLLC into prominent Texas law firm Gray Reed (founded in 1985), this Plano office offers clients the focused personal attention of a boutique practice paired with the extensive resources of a full-service Texas powerhouse. Led by recognized partner Kyle Carlton and supported by over 150 attorneys statewide, the practice serves business owners, multi-generational families, family offices, and serial entrepreneurs across Plano, Frisco, and the wider Dallas-Fort Worth region. When individuals need to hire a lawyer for comprehensive asset protection or business planning, Gray Reed provides advanced legal solutions tailored to long-term goals.

Wealth Preservation and Advanced Estate Planning

Protecting substantial assets and passing wealth securely across generations demands nuanced legal and tax strategies. Gray Reed advises clients on every facet of estate planning, preparing robust legal structures designed to withstand regulatory shifts and minimize transfer tax exposure. Clients seeking to find an attorney for estate planning in Collin County rely on the firm for experienced guidance regarding:

• Custom wills, durable powers of attorney, healthcare directives, and living wills
• Revocable living trusts, irrevocable grantor trusts, generation-skipping trusts, and dynasty trusts
• Trust decanting, judicial and non-judicial trust modifications, and fiduciary oversight
• Charitable planning, private foundations, and donor-advised funds
• Strategic planning for federal estate tax exemption adjustments and Corporate Transparency Act reporting

Business Succession and Corporate Structuring

For family-owned enterprises and privately held companies, business succession planning is inseparable from wealth management. The attorneys at Gray Reed serve as trusted advisors and outside general counsel to private companies, guiding them through every developmental milestone. When founders and executive teams need to consult a business lawyer regarding organizational structure or ownership transfers, the firm provides end-to-end support, including:

• Business formation, entity choice, and tax-efficient corporate structuring
• Drafting buy-sell agreements, operating agreements, and shareholder voting pacts
• Structuring multi-class equity interests, profits interests, and tiered vesting plans
• Structuring private venture financing, commercial contracts, and recapitalizations
• Guiding seamless ownership transitions, intra-family equity transfers, and executive buyouts

Probate Administration and Fiduciary Services

Navigating probate and estate administration following the loss of a family member requires seasoned legal leadership. Gray Reed assists executors, corporate trustees, and beneficiaries through the probate process with dignity and efficiency. The firm provides complete probate legal services, including:

• Probating complex wills, muniment of title proceedings, and intestate administration
• Navigating federal and Texas estate tax return preparation and IRS filings
• Advising fiduciaries on compliance, asset inventory, accounting, and distribution obligations
• Resolving trust controversies and fiduciary disputes through negotiation or litigation
• Handling estate and trust asset sales, real estate transfers, and business asset liquidations

Retain Trusted Legal Counsel in Plano

Conveniently located at 7800 Dallas Parkway in Plano, Texas, Gray Reed combines deep legal insight with practical business acumen. Clients receive thoughtful legal strategies tailored to safeguard their wealth, protect their commercial ventures, and provide peace of mind for future generations. Contact the Plano office today to schedule a comprehensive legal consultation with an experienced attorney.