Mr. Holding practices in the area of estate planning, trust and estate administration and taxation. He advises in all aspects of wealth transfer including tax planning, succession planning, planning for persons with special needs and spendthrifts, charitable giving, creditor protection and premarital agreements. He represents clients in the design and implementation of sophisticated tax strategies that minimize estate, gift, generation-skipping and/or income taxes such as grantor retained annuity trusts, qualified personal residence trusts, life insurance trusts, dynasty trusts, sales to defective grantor trusts, family limited liability companies and limited partnerships, and charitable lead and remainder trusts.
Mr. Holding works closely with other advisors of the client in preparing complicated estate planning documents and estate, gift and fiduciary income tax returns. He serves as counsel to trusts and estates, advising them on complex disclaimers, tax elections and allocations, valuations of assets and other matters, and represents them in tax audits.
Mr. Holding is active on the national level of the American College of Trust and Estate Counsel where he serves on the State Laws Committee. He is also past Chair and an active member of the Legislative Committee of the Estate Planning and Fiduciary Law Section of the N.C. Bar Association and has participated in drafting a number of statutes. He is a co-author of two popular resources for North Carolina attorneys, the BB&T Estate Planning Forms Manual and the document assembly software program, MenuForms for North Carolina Estate Planners. He is a frequent lecturer on estate planning, administration and tax topics.