Trust and Estates

We provide confidential, sensitive, and constructive advice. We help structure a practical and cost effective resolution to the division of assets. We work with attorneys, trustees and executors and insure that our strategy will lower the wealth transfer tax, reduce administrative costs, and increase financial security for your loved ones.

U.S. domestic trusts are generally set up for the following reasons:

·       Asset protection

·       Avoiding probate

·       Estate planning

·       Preparing for your family’s financial future

Foreign trusts can be complicated, but our specialist team of experts are here to guide you through understanding the benefits and liabilities.  We will assist in the creation of a foreign trust, complete the annual filing requirements, and make the process of maintaining a foreign trust simple and effective.

We help clients that currently have foreign trusts file all necessary forms.  We also assist clients to figure out the best structure and see if a foreign trust is a viable option to their estate planning.

We assist with both foreign grantor trusts, and foreign non-grantor trusts and all the necessary reporting requirements.  

Experienced in the IRS audit techniques, we can manage your audit, negotiate with the auditors, and reduce the non-compliance penalties.

Types of trusts

  • Foreign Grantor Trust 

  • Foreign NonGrantor Trust 

  • Domestic Revocable Trust 

  • Domestic Irrevocable Trust

Tax Planning and Consultations

  • Wealth transfer strategies formulation

  • Tax planning for U.S. beneficiaries of a foreign trust 

  • Tax planning for U.S. beneficiaries of a domestic trust 

  • Annual Planning and projections for trusts

  • Bitcoin Tax Matters

  • Trust ownership of foreign stock

Tax Compliance

  • Preparation of the Annual Trust tax returns 

  • Preparation of Estate and Gift Tax Returns

  • Reporting Trust Funding 

  • International Reporting Trust Compliance

Administration

  • Trust administration

  • Tax Minimization

  • Trust accounting

  • Distributions to beneficiaries 

  • Liaising with other professionals

Tax Controversy Resolution

  • Assistance with IRS inquiries

  • IRS Audit Defense

  • Penalty Abatement