Planning

Planning for eventual succession of your assets involves the combination of rules relating to property ownership and the resultant tax consequences. The primary purpose is to be sure you have sufficient financial resources during your life and your assets will be left to your intended beneficiaries with the least possible costs. The interrelationship of income and estate taxes on transfers of property either during your life or at your death are analyzed and recommendations made as to how you can best arrange your affairs.

This process involves the consideration of trusts, property ownership, insurance needs, annuities, marital rights, lifetime gifts, charitable interests, business valuations, closely held businesses problems, special needs and elder care concerns. We work with your attorney, and often your trust officer, life underwriter and others with specific talents or expertise. In addition, we offer special services tailored exclusively to attorneys and their clients.

Taxation

We also offer estate tax preparation services, ensuring timely and accurate filing of all the necessary federal and state estate, trust and gift tax returns.  These services include preparation of Forms 706 (federal estate tax returns), 709 (gift tax returns), 1041 (estate or trust income state tax returns) and related state income tax returns (such as 1041-ME and NH DP-10).