Trusts and Estates led by Manhattan CPAs

Our trusts and estates service provides tax preparation for fiduciary returns, estate settlements, and trust administration in Manhattan, NY. We prepare Form 1041 for trusts and estates, ensuring compliance with federal and New York State tax requirements.

This service covers income tax returns for estates during administration, trusts receiving income, and other fiduciary arrangements. We handle complex situations involving multiple beneficiaries, income distributions, and estate tax considerations.

Typical documents include estate inventory, trust documents, income statements, expense records, K-1 distribution statements, and any correspondence from beneficiaries or courts. We work with executors, trustees, and administrators to gather necessary information.

Benefits include accurate tax reporting for complex fiduciary arrangements, proper distribution of income to beneficiaries, and compliance with regulatory requirements. We help avoid penalties and ensure proper administration of estates and trusts.

Our approach involves detailed review of trust and estate documents, calculation of income and distributions, preparation of fiduciary returns, and coordination with other professionals involved in estate administration.

We serve Manhattan-based executors, trustees, and estate administrators handling both simple and complex fiduciary situations. Our familiarity with New York estate laws and tax requirements helps ensure proper compliance.