Trust, Gift, and Estate Planning
Your financial legacy matters. What goals do you have for passing your wealth on to the next generation and beyond? Do you have a plan to ensure that your assets are protected from taxes to the greatest extent possible?
Trust, gift, and estate planning requires a big-picture approach because of the inextricable link between your business and family financial circumstances. We work closely with our clients’ attorneys and other financial advisors to structure, tailor, and administer plans that place assets where you want them, decrease your tax burden, and make administration of the estate as smooth as possible.
Naturally, we appreciate the need for complete confidentiality in these types of financial matters. We take extra precautions to ensure that your private information stays that way.
Trust, gift, and estate planning needs to be established for many families, not just those with significant wealth. In fact, people in a variety of circumstances — including business owners — benefit from this type of proactive thinking. We encourage you to contact us to discuss how we can design a plan that will work for you.
Our Trusts, Gifts, and Estate Services Include:
- Estate and Gift Tax
- Advisory and Planning Services
- Assistance with Execution of Estate Plans
- Fiduciary Tax Return Preparation
- Estate Tax Return Preparation
- Administration of Trusts and Estates
- Disability Trusts and Guardianships
- Wealth Transfer Planning
- Business Succession
For more information about our consulting team, click the links below.
The gift tax exclusion is among the most valuable tools available to transfer assets to family and other loved ones without ending up with an unwelcome tax bill for the givers or recipients. Year end often is a busy time for gifting, as taxpayers move to take...
Different states have different rules for determining whether a trust is a “resident” for income tax purposes. State tax liability can depend on the location of settlors, trustees, or beneficiaries. In some situations, a trust could be liable for taxes in multiple...
Inflation is generally bad news. But a favorable side effect is bigger annual inflation adjustments to federal tax breaks. In fact, many federal tax parameters for the 2023 tax year are up about 7% over the amounts for 2022. Here are the details — plus...