We provide both accounting and tax services for Trusts and Estates. On the compliance side of things we can provide the tax preparation services required by the Trust or Estate as well as the specialized bookkeeping service known as Trust Accounting .
On the consulting side, we will work with you and your Attorney to meet your objectives in minimizing your estate tax and ensuring that your assets go where you desire. Our estate planning services include:
- Reviewing current wills, trust instruments and asset holdings
- Clarifying your family goals
- Estimating estate taxes under your current estate plans
- Developing sophisticated alternatives to the current plans and quantifying potential tax savings
- Reviewing issues related to interests in closely-held businesses
- Develop lifetime gifting programs utilizing alternatives such as family limited partnerships, Grantor Retained Annuity Trusts (GRATS), charitable trusts, insurance trusts, and qualified personal residence trusts
- Ensuring that the estate plan is properly implemented
- Ensuring that US Residents who are not citizens have the proper trusts in place to minimize their estate exposure during their time in the US
