Estate, Gift & Trust

There are many choices for a business owner to consider when looking at an exit strategy. Is the right management team in place? Are children or relatives involved, making it a sale or gift to related parties? Is it an outside sale, and what does that tax structure look like? Have you looked at quality of earnings to maximize EBITDA and thus the sale price?  We can help you with these questions and all aspects of business succession planning.  

Efficient use of gift and GST exemption amounts are critical to preserving and transferring wealth down generationally. With a 40% gift/estate rate, missteps can be costly.  We can help plan with your attorney or team to devise a proper strategy including recommending the most tax efficient vehicles to achieve your goals. Trusts are an integral part of any strategy and selecting the proper type, income tax and estate tax treatment, is very important as savings can become generational. 

In addition to planning, we can prepare gift and estate tax returns as well as income tax returns for a trust. 

For business or investment partnerships, preparing a solid business valuation with proper documentation for discounts can further leverage the gift exemption amounts and transfer more money to your heirs. We have business valuation experts in house, or we can work with others to help achieve your wealth transfer goals. Learn more about our business valuation offerings.