Estate and Trust Taxes
When managing a trust or an estate there are numerous considerations and questions that you will need answered.
Trusts:
- What type of trust should I have (Simple, Complex, Grantor, etc.)?
- What are the filing requirements of the trust?
- Who is responsible for paying the taxes on the trust income?
- What should the year end be?
- What is considered income to the estate?
- Who pays the estate tax?
- What expenses can I take against that income?
- When and who decides the time to close an estate?
Working with a trusted professional to ensure these matters are handled correctly and in a way that is most beneficial to you is essential. Members of our staff devote substantial continuing education credits in the areas of estate and trust tax each year, allowing us to provide knowledgeable and supportive services that you can rely on.