Bank Practices
We have been a partner with various financial institutions as their out-of-house tax advisors and return preparers. We work together to determine and monitor filing requirements. We understand the special needs and requirements of trusts officers, executors and beneficiaries. We bring expertise and insight with post-mortem planning, estate funding options and all area of compliance including decedent’s final income tax returns.
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Charitable Trusts
Consultations regarding appropriate form of trust and related terms, computations of annuities, charitable deduction
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Decedent Returns
Post-mortem estate planning, allocation of income and deductions between decedent and estate
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Fiduciary/Trusts Taxation
We understand the special needs and requirements fiduciaries and beneficiaries. We bring expertise and insight to distribution planning, post-mortem planning, funding options and all area of compliance.
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Generation Skipping Tax (GST)
Estate and gift planning is now made even more complicated when family goals are to efficiently transfer wealth to younger generations. Many gifts and transfers through trusts designed to benefit younger family members can be needlessly subjected to an additional GST tax without appropriate planning and consideration of available special tax elections.
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Estate & Gift Planning
One of the oldest and most common forms of taxation is the taxation of property held by an individual at the time of their death. Such a tax can take the form, among others, of estate tax (a tax levied on the estate before any transfers). An estate tax is a charge upon the decedent's entire estate, regardless of how it is disbursed. An alternative form of death tax is an inheritance tax (a tax levied on individuals receiving property from the estate). Taxes imposed upon death provide incentive to transfer assets before death.

Gift tax laws are generally designed to prevent complete tax avoidance by this route. The Federal Estate Tax is integrated with the Federal Gift tax so that large estates cannot be shielded from taxation by lifetime giving. Many states also impose an estate tax.
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Tax Planning
Tax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation.
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