1041 – Estates and Trusts Tax Returns

  • Legacy Planning for future generations, to make sure they are taken care. Do not
    pay unnecessary tax by not having Legacy Planning
  • **Legacy planning goes beyond the transfer of wealth process to realize the fulfillment of wealth across family generations. Maintaining the families wealth from one generation to the next requires legacy planning.
  • **The legacy trust functions as a second, protected estate. It essentially removes assets out of your primary estate and into a secondary estate in the form of the trust. This places assets out of reach of creditors and protects them from estate and death taxes.**
  • Trust Creation to have wealth handled. Just how you would want. Keep all assets in a favorable trust and under your ownership.
  • Wealth Management – Maintain wealth with tax strategies through estate and trust tax returns. Do not overpay on trust tax returns in the future.