Trusts & Estates

Solutions for
Trusts & Estates

Estate Planning

Developing a strategy to preserve wealth and pass it onto to the next generations requires thoughtful advice and guidance from a tax and accounting perspective.

Tax Filings

We prepare estate and fiduciary tax returns in 50 states.  For complex trusts, we also prepare tax returns of any investment or business entities owned by your trust.

Trust  Structuring

Trusts can be designed as separate taxpayers, transparent entities, or a combination of both. The selection the best options is a key factor in realizing your financial goals.

Distribution Planning

Many trusts are taxpayers and require specialized planning for tax optimization so that you will avoid their steep tax brackets.

U.S. International Tax

If your trust owns foreign financial assets, foreign businesses or foreign investment vehicles there is special reporting that we will prepare.

Charitable Trusts

Charitable lead and remainder trusts have a combination of tax and non-tax advantages They can allow you retain use or ownership of your money while benefiting others.

Tax Controversy Resolution

For domestic and U.S. international tax problems, we will analyze the issues, give our opinion, and represent you before the IRS.

Foreign Trusts 

U.S. beneficiaries of foreign trusts must comply with a set of tax reporting requirements that have onerous penalties for non-compliance.  We’ll make you are 100% compliant.

Trust Accounting 

Our team is skilled in preparing your trust’s internal accounting according to the fiduciary accounting rules.

Dedicated to Preserving Your Legacy

Specialized knowledge of trust and estate accounting and taxation is not common. At Beacon CPA we are well versed in the rules and sophisticated planning techniques that apply to families seeking inter-generational wealth transfer. A sound plan, which is properly maintained, can preserve your wealth and minimize taxes significantly. This typically includes the use of a variety of trust vehicles.

We are honored to represent successful domestic and global families with U.S. trust and estate structuring, accounting and tax filings. Our team can help you achieve your goals by leveraging a precise understanding of the rules, creatively anticipating your needs, coordinating with your other advisors, and meticulously carrying out your plan. 

In Our Clients’ Words
Trustee | New York, NY
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I have relied on Beacon to make sure that our tax and accounting matters are up to date and handled in the best manner possible. I would unhesitatingly recommend them to those needing assistance and advice about tax and financial planning matters.
Trust Manager | New York, NY
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The Beacon Team has helped us learn the right questions to ask to make smarter decisions managing our trusts. They are very thorough, reassuring, and good problem solvers.
Tax Compliance Attorney
Tax Compliance AttorneyPrivate Law Firm | New York, NY
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My clients need help cleaning up issues of non-compliance or alleged non-compliance. Beacon is excellent at figuring out what was done wrong, where mistakes were made, and what to do to resolve the issues in a very practical and through way.