Trust and Estate Planning

Mom gives pocket money to her sonAn effective and tax-efficient estate plan can preserve and maximize the value of the assets available to pass to intended beneficiaries during the client’s life and after his or her death. An experienced, knowledgeable CPA’s involvement in the creation of the plan is vital. The absence of such participation can be costly in terms of missed opportunities for structuring and maintaining the most advantageous wealth transfer strategy for an individual’s unique situation. While individuals typically only see attorneys infrequently and in regard to finite projects throughout their lifetimes, better trust and estate planning outcomes are achieved when an experienced, knowledgeable CPA who intimately understands the client’s unique situations and overall goals is involved.

Since 1947, experienced professionals at Bernard Robinson & Company have been consulting with clients on their financial and estate planning needs. As trusted advisors to our clients, we make it our business to know theirs. Speaking with our clients at a minimum annually, often at least quarter-annually, we have an ongoing, personal relationship with each of them. Based on knowledge of their present and prospective net worth, asset mix, present and future cash flow needs and family concerns (both financial and nonfinancial), we select the most appropriate estate planning technique for them. Typically maintaining this type of information for clients in our role as their advisor on so many other matters, clients are comfortable and familiar with having these types of conversations with us. Additionally, having regular access to a client’s personal information helps us in determining whether clients are complying with estate plans already put into force and whether the client is or is not taking action inconsistent with the estate plan to know they are in the best position for probate avoidance.

Our professionals are available to review the trusts, wills and other estate planning documents of a client to determine compliance with current tax laws and the client’s current desires. We can assist the trustee or the personal representative through the following services:

  • Estate & Trust Accounting
  • Fiduciary Income Tax Return Preparation
  • Estate Tax Return Preparation
  • Gift Tax Return Preparation
  • Estate & Gift Tax Planning
  • Estate & Trust Administration
  • Succession Planning
  • Charitable Giving
  • Family Limited Partnerships

We welcome the opportunity to work with your attorneys, life insurance agents and financial planners to consider various estate planning concepts and techniques for minimizing the wealth transfer tax burden and wealth administration tasks of future generations.

For more information, please contact one of our team members below.

Contacts for this Service

Freddy Robinson, CPA, Partner
James Connolly, CPA, Partner
Genie Petrangeli, CPA, Partner