Estates & Trusts
Abdo professionals guide you to the smartest way to prepare for your road ahead—and for generations to come.
For many individuals, there’s nothing more important than establishing financial security for your loved ones. For business owners, succession planning facilitates a smooth transition of ownership and business continuity. Our expert, forward-thinking team knows the best ways to protect your assets during a change.
We are consistently in sync with changes in estate and trust tax laws, and know how to protect your assets and minimize tax liabilities for your estate—and your heirs. We work with you and your attorney to help you understand the tax implications of your current estate plan and offer recommendations based on the current tax law situation.
Whether we’re offering guidance for your trust, estate, or gift tax return preparation; offering direction on wealth transfer strategies; or consulting with your attorney or financial advisor, we will give you and your family the confidence to navigate the future.
A behind-the-numbers view of best practices and holistic thinking.
Plan carefully to avoid GST tax surprises
Designed to ensure that wealth is taxed at each generational level, the GST tax is among the harshest and most complex in the tax code. If you want to share some of your wealth with your grandchildren, it’s critical to plan ahead.
An estate planning “road map” can act as a catchall for your final thoughts
No matter how much effort you’ve invested in crafting an estate plan, your will, trusts and other official documents may not be enough. Consider also drafting a “road map” to guide your family in executing your plan.
Guiding you to the best way forward
Tara Torseth, CPA, MBT
Tara focuses her practice on helping clients navigate tax and business planning with ease – helping manufacturers and individuals forge a brighter path forward.