ESTATE PLANNING

Effective Estate Planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.

This evaluation would involve reviewing current wills and trusts to determine whether or not they provide a realistic approach for utilization of the estate tax exemption. In addition we will make recommendations that utilize the most current techniques available to reduce any net estate tax that might be due.

We can also help you put in place documents that reduce potential probate expense as well as assist the Executor in preparation of estate tax returns or estate income tax returns. Our opinion is that no other professional knows your personal financial situation better than your CPA, thereby he or she should be instrumental in the development of your plan.