Best Federal Tax Exemptions for Trusts & Estates

Although the federal exemption amount for the federal estate tax continues to increase through 2010, there are still many reasons to see us for your trust and estate planning needs:

The Oregon exemption rate has been "disconnected" from the federal rate, and continues to be much lower than the federal amount.
Although the federal estate tax faces appeal, the federal gift tax does not.
Marital and family status changes through marriage, divorce, death, and additional heirs.

Basic estate planning begins with a well-written will or living trust, which should be reviewed periodically, or every time there is a change in your family structure.
We will coordinate our planning with your attorney to ensure that your trust and estate team of professionals stays in constant communication throughout the planning process.

Aside from a will, you should review your pension/IRA beneficiaries, trust and estate fiduciaries, and ownership of marital assets every five years to ensure your estate planning continues to be relevant.

Many times clients are put in the unfamiliar position of administering an estate when loved ones die. We can assist in working with you and your attorney in accounting for the estate's assets, financial activity, and ultimate distribution to beneficiaries.
Upon completion of the accounting, we will prepare your required trust and estate income tax returns, and assist you with all of your required compliance with federal and state laws and regulations.
If you are a trustee or personal representative, please contact us so we can discuss the regulations, rules, and tax laws set forth by the Internal Revenue Code that you might not be aware.

We have the experience and practical knowledge to ensure that your trusts and estates comply with all federal and state tax reporting requirements, and can provide you with planning to minimize your estate and gift tax burden.