Estate Planning & Administration Services

Estate planning raises many financial and emotional issues. However, if these issues are not considered on a timely basis, they could result in significant financial loss and emotional distress. For example, estate tax rates are currently higher than 45%. In many cases, these taxes can be minimized or eliminated with proper planning and effective use of tax reduction strategies.

During the planning process, RINA assesses the multiple impacts of estate taxes, income taxes, and property taxes on an estate and suggests strategies to minimize the debilitating effect of these taxes. In addition to reducing taxes, an estate plan ensures that assets will pass in accordance with your wishes.

Estate planning and compliance services that RINA can provide:

• Planning and consultation on the use of revocable trusts
• Review of how title to property is held to take advantage of important tax savings and ease the administration of an estate or trust
• Investigate the use of trusts or other entities to facilitate the use of leveraged gifting techniques, and provide operational control during the period of administration
• Integrate the possible use of charitable trusts such as charitable remainder trusts or charitable lead trusts
• Annual review of estate plans to determine whether they conform to current situations and needs
• Preparation of federal and state estate tax returns
• Assistance with the funding of subtrusts and allocation of assets after death in accordance with the wishes of the decedent
• Preparation of court accountings

Most people don’t realize how financially complex their lives have become until they sit down to organize their affairs through the estate planning process. RINA can assist you in this daunting process and help you understand and organize your financial affairs in an efficient and productive manner.

For more information about our services, contact:

Pamela Raumer, Business Development Director
praumer@rina.com