Estate & Trust Administration

With a proliferation of families planning for “probate avoidance” through the use of funded Living Trusts (and numerous other devices) and law offices straining under budgetary constraints on competent, full-time probate paralegal services and in-house tax management, a need exists to support the traditional goals of estate and guardianship administration. Why Wallhaven Tax, LLC?...

Services Provided

Information Gathering

• We gather information on account ownership, date of death values and disposition requirements and report to the responsible Attorney, Trustee, Executor or Guardian

• We organize the data and financial records of an estate in order to better position the Attorney and family for accountings and decision making regarding the disposition of estate assets, payment of debts, claims and taxes

Tax Compliance

• Estates and Trusts are subject to income tax from the date of the decedent’s death forward, reported either annually, as a calendar year matter, or on a fiscal year basis. We will help you understand estate tax obligations.

• We carefully coordinate tax reporting between estate tax returns, estate and trust income tax returns and personal income tax returns to obtain maximum savings

• We coordinate and offer advice and financial modeling of tax qualified plan distributions

• Properly claiming exemptions from each of these tax reporting obligations and coordinating tax reporting between the estate, estate's income tax and the decedent’s final 1040 is of great importance and is best handled by a professional. We will coordinate the various tax reporting requirements and payment of these different tax liabilities.

• 
  

Think of us as your "back office!"