Court approval of calculating present value of remainder interest that was distributed to the charitable remainder beneficiary and the present value of the unitrust interest to the lifetime unitrust interest holders.
Typical Estate Planning Engagements
Estate and Gift tax Plans/Probate avoidance
In all of my estate plans I focus on minimizing transfer taxes to the chosen beneficiaries of the client. Whether we have to focus on immediate gift taxes or estate, generation skipping and income taxes, we prepare a plan that will minimize one's tax exposure no matter how they want to structure the disposition of their estate.
We also focus on structuring each and every client's estate in an asset protected manner so that beneficiaries will not lose their inheritance to creditors or judgments. With the current legal climate in this country, I find each and every client that I work with is concerned about litigation exposure, and it is our job to protect them and their families to the greatest extent possible.
Gift and Estate Tax Returns
Preparation of Tax Returns
I prepare annual gift tax returns and estate tax returns for various clients who do annual gifting strategies and who pass away with estates large enough to require these types of returns.
Formation of Business Entities
Formation of Corporations, Partnerships, LLCs
Many clients engage me to form various types of business entities (Corporations (both C and S), Limited Partnerships, Limited Liability Companies) for both operating businesses and for estate planning reasons. Many advanced planning techniques require a business entity for possible valuation discounts or at a minimum asset protection from possible creditor problems.