CPA Scottsdale Attorney Assistance - Living Estate Planning

FOR ATTORNEYS

We work with attorneys to get clients' estate plans. While attorneys execute the important legal considerations of the client, we are doing the accounting work for Form 706 and Form 709; additionally, we are assisting the attorney's with the testamentary and/or marital trust fund.

We review estate plans for INCOME and ESTATE tax ramifications. Many estate plans do a great job avoiding estate tax, however numerous INCOME tax implications, may have been forgotten.

Many experts claim the next major malpractice area for attorneys and CPAs will be gift tax returns. We work with attorneys to ensure this doesn’t happen.

We “wrote the book” on Form 706. Well actually we wrote six on-line modules for CCH on the Form 706 preparation. This opportunity came after completing four technical reviews of CCHs books on estate planning, Form 706 preparation, and Form 1041 preparation.

FOR OTHERS

Confused about the difference between a will and a trust? Do you need to avoid probate?

There are many buzzwords used in marketing to scare people into doing something. Classic in the CPA profession is “use H & R Block or you’ll overpay your taxes”.

The estate-planning arena has come up with other things to scare you into doing something. “Avoid probate – it is too expensive! ”Well not always, sometimes probate saves you money. We have included some frequently asked questions on will, trusts and estate planning.