Broughton Jr Chalk

Navigating the complexities of estate planning, tax law, and business succession requires an attorney with deep knowledge, meticulous attention to detail, and a compassionate understanding of personal and family dynamics. For individuals, families, and closely held businesses across North Carolina, Chalk Broughton Jr., a highly respected partner at Poyner Spruill LLP in Raleigh, stands as a leading expert in these critical areas. His decades of experience and specialized certifications make him a trusted advisor for securing legacies and ensuring smooth wealth transfers.

Chalk Broughton Jr. assists clients with a wide array of sophisticated estate and tax planning matters. This includes not only the preparation of essential documents like wills and trusts but also intricate strategies for minimizing potential estate and income tax liabilities. For business owners, he provides invaluable counsel on the tax-efficient transfer of closely held business interests to family members, ensuring the continuity and prosperity of their enterprises for future generations. His approach is characterized by a commitment to understanding each client's unique circumstances and tailoring solutions that meet their specific goals and concerns.

Operating within Poyner Spruill LLP, a full-service law firm with a strong North Carolina heritage dating back to 1883, Chalk Broughton Jr. benefits from and contributes to a robust legal environment. This affiliation allows him to leverage extensive firm resources and collaborate with other specialized attorneys within the firm when a client's needs extend beyond estate planning, such as in real estate transactions or business litigation. His recognition as a Board Certified Specialist in Estate Planning and Probate Law by the N.C. State Bar Board of Legal Specialization, and his election as a Fellow of The American College of Trust and Estate Counsel (ACTEC), underscore his exceptional qualifications and standing within the legal community. For anyone in North Carolina seeking peace of mind regarding their personal and business legacy, Chalk Broughton Jr. offers expert and reliable guidance.

Location and Accessibility

Chalk Broughton Jr. is based at the Raleigh office of Poyner Spruill LLP, conveniently located in the heart of the city at:

301 Fayetteville St, Raleigh, NC 27601, USA

This central downtown location within the PNC Plaza building, at Suite 1900, provides excellent accessibility for clients throughout Raleigh and the wider North Carolina region. For those driving, clear parking instructions are provided for the PNC parking deck, with the entrance located on Wilmington Street (a one-way street best accessed from W. Davie Street). Clients can find the parking deck on the left just beyond Manhattan Cafe. Once parked, the building's elevator can take visitors to the lobby, from where they will be directed to Poyner Spruill's offices on the 19th floor. This easily accessible location minimizes travel inconvenience for clients, which is especially beneficial when discussing sensitive and important matters like estate planning. The firm’s presence in Raleigh also ensures proximity to state and federal courts and other key institutions, allowing for efficient handling of legal matters.

Services Offered

Chalk Broughton Jr. specializes in a comprehensive range of services related to estate planning, trusts, probate, and tax law, particularly for individuals, families, and closely held businesses. His areas of focus include:

• Trusts & Estates: Advising on all aspects of estate planning, including minimizing potential estate or income tax liabilities. This involves the preparation of wills, revocable trusts, credit shelter trusts, generation-skipping transfer tax trusts, durable financial powers of attorney, health care powers of attorney, declarations of a desire for a natural death (living wills), and intervivos trusts.
• Business Organizations & Transactions: Providing ongoing advice and counsel to closely held business owners. This includes the preparation and review of business contracts and agreements, shareholder agreements, and employment agreements. He also represents clients, including dentists and physicians, in the purchase or sale of their business or practice.
• Tax Planning: Focusing on comprehensive tax planning for individuals and business entities, including estate and income tax planning for retirement benefits. He also handles lifetime gift planning to reduce potential estate taxes, utilizing tools such as family limited partnerships, limited liability companies, and irrevocable trusts. Preparation of federal gift tax returns is also a key service.
• Estate and Trust Administration & Settlement: Guiding clients through all aspects of decedent's estate and trust administration and settlement. This involves preparing estate tax returns, probate court inventories, and accountings. He also represents clients before the Internal Revenue Service in connection with estate and gift tax audits and controversies.
• Charitable Planning and Gifting: Assisting clients with philanthropic goals, including the use of outright gifts to charity, charitable remainder trusts, and charitable lead trusts.
• International Estate Planning: Providing specialized expertise for U.S. citizens, resident aliens, and non-resident aliens regarding their international estate planning needs.
• Life Insurance Planning: Offering advice on effective life insurance planning, including the use of irrevocable life insurance trusts and split-dollar agreements.
• Estate Planning for Stock Options: Providing specific guidance on estate planning strategies for qualified and non-qualified stock options.
• Marital Agreements: Drafting pre-marital and post-marital agreements.
• Estate Planning for Disabled Persons: Creating supplemental needs discretionary trusts and other tools to protect assets for disabled individuals.
• Trust Controversies: Practicing before the Clerk in estate and trust controversies, including spousal elective share matters and beneficiary disputes. He also advises Trustees and trust beneficiaries with respect to irrevocable trusts, including tax advice and actions to modify or terminate irrevocable trusts.
• Real Estate Transactions: Representing clients in residential and commercial real estate transactions, including acquisition or sale, tax-free exchanges, and negotiation/preparation of leases and other real property contracts.

This comprehensive list showcases his ability to handle a wide spectrum of complex wealth management and business succession needs.

Features / Highlights

Chalk Broughton Jr.'s practice is distinguished by several key features and highlights that underscore his expertise and value to clients in North Carolina:

• Board Certified Specialist: He is a Board Certified Specialist in Estate Planning and Probate Law by the N.C. State Bar Board of Legal Specialization. This certification signifies a high level of proven expertise and competence in his field, a recognition held by only a select group of attorneys.
• Fellow of ACTEC: Chalk Broughton Jr. has been elected a Fellow of The American College of Trust and Estate Counsel (ACTEC). This prestigious membership is extended only to lawyers who have demonstrated at least 10 years of experience in the active practice of probate and trust law or estate planning, possess an outstanding reputation, and have made valuable contributions to the practice.
• Extensive Experience: With a J.D. from the University of North Carolina School of Law (1988) and an LL.M. in Taxation from the University of Florida (1990), combined with his long-standing practice, he possesses deep, seasoned expertise in estate and tax planning.
• Client-Focused Approach: While the provided review is concise ("Good"), his professional background and specialized credentials indicate a commitment to providing high-quality, meticulous, and client-centric legal service, crucial for sensitive matters like estate planning.
• Comprehensive Planning: He advises on all aspects of estate and tax planning, from wills and trusts to complex tax minimization strategies and international estate planning, offering holistic solutions.
• Business Succession Expertise: A particular strength lies in assisting closely held business owners with the tax-efficient transfer of business interests to family members, ensuring generational wealth and business continuity.
• Tax Controversy Representation: His experience includes representing clients before the Internal Revenue Service in connection with estate and gift tax audits and controversies, providing crucial support during challenging times.
• Part of a Reputable Firm: As a partner at Poyner Spruill LLP, he operates within a large, full-service firm with a strong reputation for professional excellence, deep resources, and a long history of serving North Carolina.

Promotions or Special Offers

As a partner at a well-established and highly regarded law firm like Poyner Spruill LLP, Chalk Broughton Jr. does not typically advertise consumer-style "promotions" or "special offers." Legal services in the specialized areas of estate planning, tax law, and business succession are generally provided on an hourly fee basis, reflecting the intricate and often customized nature of the work.

However, prospective clients in North Carolina seeking his expertise are encouraged to contact his Raleigh office directly. During an initial consultation, you can discuss your specific needs, and the firm can provide clarity on their fee structure, an estimate of costs for your particular matter, and how they approach client engagement. This direct communication ensures full transparency regarding legal fees and allows the firm to tailor its approach to your unique circumstances, delivering value through expert, efficient, and comprehensive legal solutions.

Contact Information

For residents and business owners in North Carolina seeking highly skilled legal counsel in estate planning, tax law, and business succession, Chalk Broughton Jr. at Poyner Spruill LLP is readily available.

Address: 301 Fayetteville St, Raleigh, NC 27601, USA

Phone: (919) 783-2803

Mobile Phone: +1 919-783-2803

Connecting with his office is the most effective way to initiate a discussion about your unique circumstances and explore how his extensive experience and specialized knowledge can help you achieve your personal and financial planning goals. His team is prepared to provide professional and comprehensive assistance.

Conclusion: Why this place is suitable for locals

For individuals, families, and closely held business owners throughout North Carolina, Chalk Broughton Jr. at Poyner Spruill LLP represents an exceptionally suitable choice for their estate planning, tax, and business succession needs. His deep roots in North Carolina, combined with his specialized Board Certification and prestigious ACTEC Fellowship, distinguish him as a leading authority in these complex legal fields within the state. Locals can have confidence in his proven expertise and his ability to navigate the intricate state and federal laws governing wealth transfer and business continuity.

His comprehensive approach ensures that all aspects of a client's financial and personal legacy are considered, from simple wills to advanced tax-efficient strategies and the seamless transition of family businesses. Being part of Poyner Spruill LLP, a firm with a long-standing reputation for excellence and a commitment to serving North Carolina communities, further reinforces his suitability. For those in North Carolina looking for a trusted, highly qualified, and meticulous attorney to protect their assets, plan for the future, and ensure their wishes are honored, Chalk Broughton Jr. offers the peace of mind and expert guidance essential for lasting security.