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See More: Springtime Isn’t Just About Taxes
The administration of an estate can begin as a very personal endeavor but, without expert support, can quickly become a complex and technical one. State estate taxes, income taxes and other elements of estate planning must be considered to achieve the most beneficial outcomes for trustees and beneficiaries. Other considerations include determining who will receive one’s property, investigating the benefits of donations before death, understanding the impact of estate taxes on assets that remain for beneficiaries and developing a strategy to maximize the property that remains for minors after liabilities have been paid out.
A knowledgeable accountant can help with these complex issues and Gelman, Rosenberg & Freedman has decades of experience offering expert guidance in this arena. If you currently or soon anticipate becoming responsible for an estate, call our professionals.
I am so pleased to have Gelman, Rosenberg & Freedman as a resource. I can’t remember ever being so thrilled with an accounting firm during my twenty-five year career. Terri McKnight is solid gold.
Marybeth Long, CPA | Former Director of Accounting
American Psychiatric Association