ESTATE PLANNING & TAXATION
By definition, estate planning is a process designed to help you manage and preserve your assets while you are alive, and to conserve and control their distribution after your death according to your goals and objectives. But what estate planning means to you specifically depends on who you are. Your age, health, wealth, lifestyle, life stage, goals, and many other factors determine your particular estate planning needs. Here are important areas DJK will review with you…
We prepare all federal, multi-state and local tax returns and represent estates and trusts before the Internal Revenue Service and other taxing authorities as necessary.
- Estate planning
- Preparation of trust, conservatorship and probate accounting in a format
accepted by California courts and suitable for reporting to beneficiaries.
- Assistance to trustees with allocation of assets to subtrusts from a living trust to the subtrusts upon a trustee’s death.
- Referral to estate and trust attorneys
- Referral to both real estate and personal property appraisers.
- Communication with securities brokers and financial planners.
For example, you may have a small estate and concerned only that certain people receive particular things. A simple will is probably all you’ll need. Or, you may have a large estate, and minimizing any potential estate tax impact is your foremost goal. Here, you’ll need to use more sophisticated techniques in your estate plan, such as a trust.
To help you understand what estate planning means to you, our accountants will address your estate planning needs and help implement the right plan for you. We service those who are: