Estate tax returns
Gift tax returns
Simple and complex trust income tax returns
Special needs trust income tax returns
Qualified disability trust income tax returns
Charitable trust income tax returns
Obtain and Advise regarding federal tax ID numbers for trusts and estates
As Sean K Butler, CPA, LLC prepares your tax returns, he will apply tax strategies that may not be handled by your attorney who is hired for the administration of the estate or trust. Sean will collaborate with your attorney so that the estate or trust will be suitable for your unique situation.
Sean understands that it is important that the estate is closed and the funds distributed as quickly as possible, taking into consideration the most desirable tax consequences. He understands the guidelines, estate tax planning, estate tax exclusions, gift tax laws and follow up that will optimally fit income and estate tax deductions, such as distribution timing and trust tax elections, to minimize your taxation.
In advising you on federal and state trust and estate tax returns, community property, situs of beneficiaries and fiduciaries, assets subject to probate, etc., he will utilize his passion for tax strategy.
For you, as the fiduciary and personal representative, he will always keep in mind coordinating the final personal returns of the deceased with the estate and trust returns.
For you, as the trustee, personal representative or fiduciary you will be advised in regard to personal liability for federal and state tax liabilities of your deceased loved one.