Gift, Trust & Estate

The gift, trust & estate tax system seems to be in a constant state of flux. With maximum rates potentially north of 40 percent it pays to implement strategies to minimize the impact taxes will have on your estate plans.

Even if your asset base falls far below the threshold to be concerned about estate taxation, failing to plan can subject your self to a cumbersome and expensive probate process that can have unintended consequences for loved ones.

Gift, Trust & Estate planning is not just for the ultra-rich

The value of your investments, home, collectibles, other personal property and sometimes life insurance proceeds can be included in the estate. Congress has been indecisive (at best) in determining what should constitute a taxable estate, but some strategies have proven effective in reducing individual gift, trust & estate tax liabilities even as these macro-environmental changes have occurred.

Podraza CPA can help you with:

  • Developing strategies to minimize gift, trust & estate tax
  • Establishing transfer vehicles
  • Business succession planning
  • Business and asset valuations
  • Structure and report asset transfers
  • Make recommendations to improve chances of the IRS accepting your plan

Call us today to find out how we can help you with your gift, trust & estate planning.

Podraza CPA can provide expert advice related to gifting, trusts and estate planning. We can help you structure these transactions in the most cost and tax effective manner.