Estates & Trusts

Estates & Trusts

Whether you are already financially secure or in the process of building your nest egg, we are passionate in helping you and working with your team of advisors to protect what you’ve built and to continue to grow your wealth.

Administering Estates & Trusts

Losing a loved one is one of life’s most difficult experiences. This emotional time becomes complicated with the tax, legal and administrative rules that are completely unfamiliar to anyone who has not previously served as an estate’s appointed representative. Deadlines imposed by the government can be easily missed.

We, at Hellam Varon, can help guide you through this quagmire by:

• collaborating with your legal advisors to distribute assets;

• consulting with tax strategies that may minimize the estate’s and beneficiaries’ income taxes;

• complying with tax filing requirements for the decedent’s final income tax return;

• preparing and reviewing the tax filing obligation of the estate and/or trusts;

• advising for the effect of the state’s fiduciary accounting income laws on the beneficiaries’ interests; and

• working closely with financial advisors to project beneficiaries’ and estate’s income tax position throughout the estate’s/trust’s administration.

For trusts that are created during your lifetime, we believe it is crucial that the terms of the trust instrument are respected and that assets are accurately allocated among the beneficiaries to minimize conflict.

We are one of a few accounting firms with a niche group dedicated to estate and trust services. We have the fiduciary accounting expertise to help you, whether you are administering an estate or serving as a trustee.