Estate, Trust & Gift Tax (Fiduciary & Gift Returns)
Trust and estate work is detail-heavy and time-sensitive, and it often sits where tax compliance meets family planning. We work closely with fiduciaries to keep filings accurate and organized while identifying practical planning opportunities—especially when there are distributions, multiple beneficiaries, significant investment activity, or multiple entities involved. The goal is a clean return, clear beneficiary reporting, and decisions that stay aligned with the governing documents and the long-term plan.
Fiduciary income tax returns (trusts and estates)
We prepare fiduciary income tax returns for trusts and estates, including:
- Income, deductions, and credits at the fiduciary level
- Beneficiary reporting and K-1 preparation
- Reporting for common trust and estate investment activity (interest, dividends, capital gains, and K-1 items)
- Distribution reporting support and related documentation
- State filings when required
For gift tax, we often see reporting tied to larger wealth transfers—particularly gifts used to create or fund trusts. In those cases, the return helps document the transfer properly, supports the structure created by your attorney, and sets a clean foundation for future trust administration and reporting. We coordinate with your other professionals to keep the gift reporting and trust structure aligned.
Gift tax returns (often tied to trust funding)
We assist with gift tax reporting, including:
- Form 709 preparation and required disclosures
- Reporting for gifts used to create or fund trusts
- Tracking annual exclusion gifts and taxable gifts over time
- Coordination with legal and financial planning professionals to match the intended structure
We do not prepare federal estate tax returns (Form 706).
The goal: accurate reporting, clean documentation, and coordinated planning—so fiduciaries and families can move forward with clarity.