Estate & Trust Services
FKC provides comprehensive tax planning strategies to preserve wealth for both current and future generations. Our multifaceted approach includes minimizing the tax burden, protecting assets, and identifying and implementing specific strategies for the transfer of personal and business interests to the individuals or entities intended.
Family Office Services
We provide a collaborative approach to the management and tax affairs for high net-worth families and individuals including the following services:
- Working closely with a family’s other advisors, including their attorney, investment advisor and other trusted professionals
- Assisting with family meetings and correspondences
- Structuring of entities to achieve family goals and minimize tax issues
- Developing and executing income, gift, estate, and trust tax plans and performing related compliance
- Assisting with banking relationships
- Assisting in evaluating the performance of investment advisors
- Advising on succession planning for closely held entities and family office operations
Estate and Trust Administration
Our estate and trust administration services provide you with security in knowing that a decedent’s or grantor’s intentions are carried out within the guidelines of their planning documents:
- Estate probate administration including required filings, hearings, and correspondences
- Preservation of estate assets and assistance with the sale or transfer to intended beneficiaries
- Trust administration guidance as well as required tax filings to ensure all terms of the directive instrument are adhered to
- Preparation of all necessary tax returns
- Assistance with Internal Revenue Service and State examinations
Long-term wealth preservation
We work closely with your legal professionals or investment advisors to provide a comprehensive range of estate and wealth succession administration services:
- Estate planning to accomplish your goals while minimizing the tax burden
- Utilizing trusts to hold and protect assets for the next generation
- Utilizing trusts as a tax efficient vehicle to transfer wealth to the next generation
- Focusing on cash flow as a very important piece of overall planning
- Philanthropic planning that may involve charitable trusts or foundations