Services
Estate and Gift Tax
Economic uncertainty, rapidly changing estate tax laws, and confusing alternatives require individuals and business owners to implement effective wealth planning programs. Reznick Group's comprehensive estate and income tax minimization strategies cover gift tax exclusions, inheritance tax, gift tax rates and limited gift and estate taxes so clients can significantly reduce the overall tax burden for themselves and their families.
Our team of estate, gift tax and trust advisors is experienced in tax accounting analysis of wealth-transfer methodologies including life-time gifting, sale techniques and the use of flow-through entities (i.e., Limited Liability Company or Family Limited Partnership). Reznick Group will work with you and your other advisors to draft and implement a complete plan. Through the timely delivery of fact-based financial calculations and summaries of various estate and gift tax planning techniques, we can help minimize your tax exposure while enhancing the value of your estate.
Services
- Determine liquidity to pay estate taxes
- Analyze trusts to minimize generation skipping transfer taxes
- Insurance analysis including life, disability and long term care
- Current gift tax exclusion planning to utilize annual exclusions and the $5,000,000 life time exemption
- Estate freeze techniques using Limited Liability Company and Family Limited Partnership
- Marital and bypass trust planning during life
- Charitable gift giving in lifetime or estate (charitable lead trust, charitable remainder trust and other transfers)
- Inheritance tax and limited gift and estate tax planning
- Succession planning for closely held business
- Analysis of beneficiary designations on life insurance contracts, deferred accounts, IRA, Roth IRA, Keogh and 401k plans