Estates & Trusts
Whether you are single or married, just starting out or approaching retirement, estate planning should be an essential part of your overall financial plan. Each member of our estates & trusts team brings extensive experience to your unique situation. By leveraging opportunity while reducing taxes and other fees, we can help you craft and implement a plan that eliminates uncertainty and maximizes the value of your estate.
Capaldi Reynolds & Pelosi is involved in all elements of estate, gift and trust tax planning and preparation. Considered a complicated area of tax law, we work to understand our client’s individual concerns and needs with regard to estates & trusts, and address them within the framework of current Federal and State laws. Our team has the experience and expertise to guide our clients through various aspects of estate and trust administration, as well as wealth transfer through gifting.
Capaldi Reynolds & Pelosi works closely with your attorneys and financial or investment advisors and insurance agents in order to customize and implement an estate and financial plan in your best interest, and one that is prepared to adapt to life changes. Our firm provides expert preparation of:
- Estate tax returns
- Fiduciary income tax returns
- Gift tax returns
- Accounting preparation and related services
We stay informed on the most recent Federal and State tax legislation to assist in the preparation of estate, trust, and gift tax returns. The administration of estates and trusts can be quite involved and knowing the available elections, distribution rules and filing deadlines is essential. The team at Capaldi Reynolds & Pelosi is ready with the knowledge and resources needed to assist you.
Meet Our Estates & Trusts Experts
Bistra Dimova, CPA
Partner
Clayton Himstedt, CPA
Partner
Industry Insights
New Incentive to Start Saving Early for Retirement
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Postmark Changes
In recent weeks, we’ve heard about an adjustment in how mail will be postmarked by the United States Postal Service (USPS) and how this could affect customers. On December 24, 2025, the USPS adjusted how postmarked dates are determined. The mail will be postmarked...
2025 Car Loan Interest Deduction: What Taxpayers Need to Know
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Understanding Form 3520: Reporting Transactions with Foreign Trusts and Receipt of Foreign Gifts
Form 3520 is a critical IRS compliance document required for U.S. taxpayers who engage in certain transactions with foreign trusts or receive significant gifts or inheritances from foreign persons or entities. While it is an informational return (not a tax return...
The One Big Beautiful Bill Act
On July 4th, 2025 President Donald Trump signed the One Big Beautiful Bill Act (OBBBA). This bill has several important changes to various aspects of the tax regime. This article is a summary of the bill’s extension of expiring tax codes and updates for individuals,...
Navigating State Tax Nexus
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