Estate and Trust Taxation

Estate planning on your own can be complicated and costly. And the list is endless... state taxes, bureaucracy, probate courts, unfair appraisals, health care concerns, eligibility of heirs, life insurance, IRA's, 401K's, annuities, burial or cremation costs, and intent regarding death-postponing treatment to name a few. Not knowing your legal and financial rights often ends up costing you more in the end.

Thoughts of estate planning often bring more questions than answers: Could an heir be too young to inherit?  Should the inheritance be given at a certain age?  Is the intended beneficiary in a shaky marriage with divorce as a possibility?  Are there children from a previous marriage?  Should inheritance be protected from potential creditors of the heir?  Are there taxes that can be avoided?  Are you able to avoid the probate court rules, delays, and costs?

Planning what happens to your estate when you're gone can seem frustrating and intimidating without qualified help.

You may feel that you're too young to care about estate planning.  Or, perhaps the reminder of death makes you uncomfortable.  You might be tempted to put the whole thing off, assuming that it will just take care of itself.  In all cases, estate planning ends up saving your family lots of time, heartache and money.


We can help you by and with...

  • Reviewing your estate planning documents including current wills, trusts, health care and power of attorney.
  • Advising you of tax consequences.
  • Referral to experts in estate, trust and probate law, and/or financial services as you need them.
  • Decreasing the problems and expenses associated with probate.
  • Lessening taxes at time of death.
  • Keeping you prepared for and the eventual preparation of estate and trust tax returns.
  • Family partnerships and other business relationships.
  • Leaving money to charities.

The hassles and red tape associated with estate planning can be daunting, but you don't need to do it alone.  Our team is waiting to assist you through every step of the process. 

Remember: Failing to plan is planning to fail.

Return to: Income Tax Preparation & Planning

If you'd like to learn more about this or other services we offer please call us, or complete this form.

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