Services

Our goal is to develop a close, long-term relationship with our clients so we can remain attentive to what they value most and understand their personal needs. This approach provides us insight on how to effectively help our clients succeed in pursuing the goals which are most meaningful to them.

Wealth Transfer Services

Estate Planning

Wills

Powers of Attorney & Advance Health Care Directives

Living Trusts

Multi-generational Dynasty Trusts

Life Insurance Trusts – premium financed life insurance planning

Trust & Administration

Trustee and beneficiary representation after the death of a trustor

Trust accounting preparation and review

Probate

Executor, interested party and beneficiary representation

Estate accounting preparation and review

Tax Services

Tax Return Preparation

Partnerships, LLCs, c-corporations, s-corporations, individuals, trusts, estate income, estate tax, gift tax

Personal Income Tax Planning

Capital gains

Operating losses

Rental Income

Interest deduction limitation maintenance

Business Tax Planning

Reorganizations: mergers, split-offs, spin-offs, conversions

Business liquidations, sale and purchase of assets and corporate stock

Accelerated depreciation

Stepped-up basis

Business aggregation planning for at-risk rules, passive activity rules, qualified business deduction rules, and interest deduction limitation rules

Transfer Tax Planning

Estate tax – generation skipping transfer tax – gift tax

GRATs, IGITs, charitable remainder trusts, gift trusts

Family limited partnerships

Family Banks

IRS and California FTB Audits

Business Services

Entity Formations

Ownership and management structures for general partnerships, limited partnerships, LLCs, c-corporations, s-corporations

Documentation of contributed property, debt and basis

Governance & Compliance

Bureaucratic filings

Observance of organizational formalities

Business Succession Planning

Business exit strategies – transitions of ownership

Integrated business exit planning with tax and estate planning

Real Estate Services

Structure Sales & Purchases

Residential, commercial, ag land

Promissory notes and deeds of trust

1031 transactions and reporting

Real Property Transfers

Transfers upon death of real property owner

Transfers to and from legal entities

Correct and update chain of title

Real Property Tax Planning

Real property tax reassessment exclusions

Reassessment appeals

Accounting Services

Accountings

Preparation, review and opinions on estate and trust accountings

Financial Statements

Preparation, review, maintenance and opinions of consolidated and segmented financial statements, asset schedules, balance sheets

Accounting System Design

General Ledger customization

Optimize financial and managerial reporting

Bookkeeping Support

Reconcile balances for different books – tax, accrual, cash, GAAP, hybrid

Balance maintenance: at-risk amounts, tax basis, capital accounts, EBITA, debt, special allocations, stock basis

Generate year-end adjusting and closing journal entries