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
Year-End Tax Planning
Authors: Jennifer Wallace, CPA and Jason A. Mendick INDIVIDUALS Tax planning can help you minimize your tax liability in both the current year and future year giving you, rather than the government, the use of your money for investment, business, or personal...
Business Health Checkup: Pre-Tax Net Income – Gross Margin
Authors: David Wagstaff and Calvin Longer Periodically we will highlight a ratio or benchmark and talk about how you can use these to better understand your business. The disclaimer: Benchmarks and ratios, blindly applied, can be dangerous. Benchmarks can be useful...
The Tax Scam Cometh – Beware!
Author: Catherine M. Miskiv, CPA Statistics show that phishing has become rampant and, based on the number of calls we receive from clients, the scammers are very good at impersonating the taxing authorities. This past year we saw a significant increase in incidences...
Business Health Checkup: Pre-Tax Net Income – Operating Expenses
Authors: David Wagstaff and Calvin Longer Periodically we will highlight a ratio or benchmark and talk about how you can use these to better understand your business. The disclaimer: Benchmarks and ratios, blindly applied, can be dangerous. Benchmarks can be useful...
Social Security Planning
Finding the right age and correct strategy to claim Social Security retirement benefits can have a substantial impact on a retiree’s financial security. It is essential for CPA personal financial planners to educate clients about the options and run the numbers...
New Jersey Adopts Market-Based Sourcing For Corporate Taxpayers
One of the latest trends in state and local corporate income tax has been the adoption of market-based sourcing for the sales of services. In 2018, new state legislation made significant changes to the New Jersey Corporation Business Tax Act, including the...