Financial Services
Services backed by comprehensive strategies and our Tax Management
Minimizing Income Tax Liabilities
Reducing Capital Gains Tax Liabilities
Lowering Estate Taxes
Mitigating Business, Recession, and Political Risks
Decreasing Taxes on IRAs
Comprehensive Asset Protection Planning
Strategic Business Succession Planning
Professional Business Valuations
Taxes & Planning
Estates valued at $5 million or more face significant estate tax liabilities, making it crucial to employ strategies to lower these taxes. Utilizing the lifetime gift tax exemption by gifting assets to heirs during one’s lifetime can reduce the taxable estate. Establishing trusts, such as irrevocable life insurance trusts (ILITs) or grantor retained annuity trusts (GRATs), can also help transfer wealth while minimizing estate taxes. Another strategy is setting up a family limited partnership (FLP), which can provide valuation discounts for estate tax purposes. Careful planning with the help of estate planning professionals ensures that assets are protected and taxes minimized.
Business Valuations
Professional business valuations are critical for various purposes, including sale, merger, financing, and estate planning. Accurate valuations provide a realistic picture of the business’s worth, helping owners make informed decisions. Utilizing certified valuation experts ensures adherence to industry standards and methodologies, enhancing credibility with buyers, investors, and regulators. Regular valuations can identify trends, strengths, and areas for improvement, contributing to strategic planning and growth. In estate planning, precise valuations help in equitably distributing assets among heirs and managing potential estate tax liabilities. Professional valuations also support litigation and dispute resolution, providing an objective basis for negotiations and settlements.