Tom Lenfestey
 

Attorney & CPA

My practice concentrates in a mix of business and tax planning and estate planning and administration. In doing so, I represent and advise businesses and individuals with various transactional and administrative needs.  My goal in these areas is to bring the true value of planning to the client. This holds true whether the client is an individual in need of a basic will, an entrepreneur looking to create a LLC or corporation or an established business in need of more continuous transactional work and long term planning to continue the success they have enjoyed to date.

In the business law practice, I represent entrepreneurs and businesses on a wide variety of transactions and strategic planning matters including:

-Business formation
-Structuring and negotiating business sales and purchases
-Contract needs and numerous other tax and legal matters
-Counseling, advising and developing strategies for business succession planning.


I also assist individual clients with the development and implementation of comprehensive estate plans that achieve the personal, financial and charitable goals of those individuals and families. My estate planning practice includes:

-Preparing wills, trusts

-Advanced directives such as living wills and health care powers of attorney

-Creating and implementing other tax-saving and asset protection strategies such as
        family limited partnerships, life insurance trusts, and charitable trusts.

 
I further counsel clients responsible for a deceased individual's estates and trust through the probate and administration process. By using tax minimization strategies, effective communication of the clerk and legal process and competent and timely handling of issues that arise he is able to provide valuable assistance to the Executor or Trustee of the sometimes complex probate, estate and trust administration procedures.

Law Licenses & Admissions

North Carolina

Certifications

NC Certified Public Accountant

Education

J.D., Campbell University, 2004
M.A.C. (Master of Accounting), North Carolina State University, 2001
B.S., North Carolina State University, Accounting, 2000
Minor, Spanish

Professional Affiliations

American Bar Association; Tax Section; Employment Section North Carolina Bar Association; Estates & Probate Section; Tax Section; Business Section
Wake County Bar Association
North Carolina Association of Certified Public Accountants (NCACPA)
American Institute of Certified Public Accountants (AICPA)

Civic Involvement

Cary Central Rotary Club; Past President, (2007-2008)
ALS Association - Walk to Defeat ALS 
Cary Lazy Daze

Published Articles

Co-Author, Homeowner Access to HOA Financial Records, Homeowner Association of North Carolina (HOA-NC, Inc.), Spring 2006
Plan, and Plan Now: The Basics of Estate Planning, Legal Insights, Spring 2006
A Simple Instrument For A Complex World, Legal Insights, June 2008
Asset Protection for Physicians: Preparing for the Unnatural Disaster,Medical Mutual Insurance Company of North Carolina, (2006)
Understanding Family Limited Partnerships in North Carolina as a Tool in Estate Planning and Asset Protection,National Business Institute, December 2005