Trust Structure Setup: Advising on the creation of different types of trusts (revocable, irrevocable, charitable, etc.) to meet specific financial goals, like asset protection, tax minimization, or succession planning.

Estate Plan Optimization: Developing strategies to minimize estate taxes through proper estate planning, such as gifting strategies, charitable donations, and leveraging exemptions and exclusions.

Wealth Transfer Planning: Structuring gifts or bequests in a tax-efficient manner, including the use of Generation-Skipping Trusts (GST), GRATs (Grantor Retained Annuity Trusts), or Family Limited Partnerships (FLPs).

Tax Compliance for Trusts: Preparing and filing federal and state tax returns for trusts (Form 1041) and ensuring compliance with all tax reporting obligations.

Beneficiary Distributions: Advising on the tax implications of distributing income to beneficiaries and how distributions can impact both the trust’s and the beneficiaries’ tax liabilities.

Trustee Guidance: Helping trustees understand their tax responsibilities, including managing income, capital gains, and expenses for the trust in a tax-efficient manner.

Estate Tax Compliance: Preparing estate tax returns (Form 706) and assisting with estate valuation and the application of available exclusions or deductions to minimize estate taxes.

Gift Tax Filings: Filing gift tax returns (Form 709) and advising on the optimal use of the annual gift tax exclusion and lifetime exemption to reduce taxable estates.

GST Tax Strategy: Advising on strategies to avoid or minimize the impact of generation-skipping transfer tax, which can apply when assets are passed to grandchildren or further descendants.

Trust Structuring for GST Exemption: Utilizing GST-exempt trusts to pass wealth efficiently to future generations without incurring extra tax.