Trusts and Estates in Niagara Falls
To ensure that your beneficiaries receive what they’re entitled to, you’ll need effective trust and estate planning. At J Boey: CPA, our experts can prepare your asset transfers to make this a quick process without any complications.
We work alongside your beneficiaries, lawyers, and insurance brokers so you can be sure that your financial decisions are respected. Contact us now at (905) 938-0808 to get started.Call Now
Trust and Estate Services by J Boey: CPA
Our clients come to us with several trust and estate demands, here are some of the more popular service requests that we have:
Fiduciary Income Taxes:
- Tax preparation and compliance
- Accomplishing objectives
- Discussing and analyzing money related targets
- Revising investment strategy and execution
- Learning how to set up a trust account
- Learning how to set up an estate account
- Paying bills
- Assessing financial records compromises
- Planning of fiscal reports and statements
- Estate taxes preparation
- Tax and estate planning
Trust and Estate Planning
Trust and estates have taxes on them, so you’ll need professional accountants’ advice on how to manage them. Our experience has shown us the importance of planning and preparation so that there will be peace among your beneficiaries. The executor of trust or estate must be decided upon, along with many additional details.
Specially trained, our trust and estate specialists know how to apply and interpret tax codes in a way that will make the most sense for your individual needs. Our time and dedication to every case make us highly sought-after.
Preparing an Estate/Trust
Our specialists will guide you through the process of developing an estate or trust account, but we recommend that you consider a few things before our first consultation. We would be happy to explain our process to you in further detail when you call for your appointment. Here are some of our suggested ways to prepare:
Document Your Assets
Sit down and write down all your assets as well as all your intended beneficiaries. This process can be very helpful for your consultation and ultimately, the distribution and delegation of your assets.
Close Unnecessary Accounts
Think about all the accounts that you have, write them down and bring them to your consultation. Our specialists will be able to help you assess which ones are important and which are unnecessary. Having only a few accounts will make your estate more manageable.
Try and keep track of your accounts and your transactions between them. Having a record that’s clear and concise will avoid any disputes later on. It will also help us be able to provide you with better counseling and advice.
Executor of Estate
The executor, or administrator, of the estate is someone chosen, or someone appointed with the estate. The executor performs the following tasks:
- Closing bank accounts
- Making transactions
- Paying estate bills
- Signing off on vehicle sales or ownership transfers
- Filing estate tax returns
- Selling real estate
Schedule a No-Obligation Consultation for Trusts and Estates in Niagara Falls
If you have any questions about your trust and estate preparation and management, give us a call now at (905) 938-0808 to schedule a consultation. Our specialists are ready to assist you.