Accounting for Estate & Trust

Estate & Trust Administration

The administration of an estate can be an overwhelming and time consuming task.  The process involves not only locating and distributing assets among heirs but also preparing various reports and tax returns.  KatzAbosch’s Estate Administration group has the technical expertise to lead you through the choppiest waters and steer clear of potential difficulties.

For 40 years, we have been helping personal representatives, attorneys, family members and heirs navigate the estate administration process.  We are consistently chosen for our professionalism and comprehensive knowledge in this field.  Whether you are handling just a few small assets or administering a large, complex estate, our goal is to make your involvement in estate administration easier and more efficient.

Our specialized services include:

• Preparation of Federal and all U.S. states estate tax returns
• Postmortem estate, income, and inheritance tax planning
• Preparation of fiduciary income tax returns for the estate and related trusts
• Preparation of decedent’s final federal and state income tax returns

Estate & Trust Planning

KatzAbosch estate specialists can also assist you in estate planning to minimize taxes and achieve your goals for the distribution of your assets. We provide current cost savings and practical advice on available estate planning techniques.

Our specialized services include:

• Estate planning
• Assistance in gathering and valuing assets
• Preparation of inventories and information reports
• Calculation of personal representative and trustee commissions
• Representation before Internal Revenue Service in connection with its examination of the federal estate tax return
• Distribution planning for beneficiaries of retirement plans
• Preparation of court accountings
• Preparation of annual trust accounting
• Assistance with annual tax and beneficiary reporting of charitable trusts
• Gift tax advice and return preparation
• Business succession planning
• Charitable gift planning
• Use of various grantor trusts