Estates & Trusts

Estates and Trusts are complex entities that can assist you with distribution of your wealth to your beneficiaries after your death.

While estate planning is not required by law, it’s something we rarely think about. Estate planning is not a task just for the wealthy, but rather an important, ongoing component in protecting your assets that should not be postponed.

Estate
Estate taxes can leave the financial resources you’ve worked hard to build incredibly vulnerable when you pass away. With a little planning, you can prepare your estate to maximize its full potential, lowering your estate’s tax liability and reducing administrative costs. Planning for your death is an unpleasant but necessary task to provide increased financial security for your loved ones and peace of mind for you. With ever-changing laws and implications, ensuring you’ve prepared your estate – no matter the size – will help you build the future for your loved ones you’ve envisioned.
Trust
Trusts are one of the most popular ways to plan for what happens to your financial resources after your passing, and it’s imperative to make sure these entities meet their fiduciary duties including preparation of tax returns. Let the Estates & Trusts team at Crippen & Co. work with you to strategize the allocation of your assets to or between trusts to save your loved ones unnecessary tax expenses now and in the future. Our team is well-versed in distribution rules and filing deadlines that are essential to administrating your trust competently.
Crippen & Co.’s Estates & Trusts team can assist you in several ways. First, we can assist with set up and administration of estates and trusts as they’re created. We also will file any estate tax or fiduciary income taxes that may arise. Our post-mortem planning will significantly reduce tax liabilities of surviving spouses and beneficiaries, and we can assist executors and trustees with gift taxes and individual income taxes that may be affected as well. We can work with you to ensure your estates and trusts meet tax compliance,

As laws and regulations change, it becomes more challenging to navigate the intricacies of Gift, Estate, and Trust taxes. Let one of the experienced professionals on the Crippen & Co. team help you ensure your legacy is protected.