Services
Estate & Trust Planning
Comprehensive estate tax planning and wealth management for individuals and families in Los Angeles, Long Beach, and Orange County.
About estate and trust planning
Estate tax planning strategies are an important part of a person's legacy left to family, friends, business associates, or favorite charities. A Lan & Song CPAs will and trust accountant serving Los Angeles, Long Beach, and Orange County understands that planning for your will or trust and the distribution of your estate following death is only one aspect of estate planning.
Equally important is planning for the accumulation, conservation, and enjoyment of your property and assets during your lifetime. Working with our experienced estate, will, and trust accountants, you will receive personalized service that focuses on developing the best estate, will, and trust plan for you.
Our estate tax planning process focuses on the preservation of wealth and the interrelationship of the estate, fiduciary, and personal taxes.
Our services include
Preparation of federal estate tax returns
Preparation of estate and trust income tax returns
Postmortem tax planning
Assistance to a surviving spouse or other heirs
Review of current wills, trust instruments, and schedules of assets
Identification of family objectives and needs regarding wealth preservation
Estimation of estate taxes under current estate plans
Strategy and calculation of potential tax savings under alternative estate plans
Examination of privately held business concerns, including valuations and transfer of business interests
Planning for retirement plans and life insurance with unique estate tax attributes
Identification of potential liquidity problems caused by federal and state estate taxes
Development of lifetime gift programs using FLPs, LLCs, charitable trusts, and life insurance trusts
Assistance communicating your plan with family to ensure mutual understanding and commitment
Ensuring proper implementation and administration of the estate plan
Why Lan & Song CPAs
We are unique among Southern California accounting firms in our expertise and knowledge of estate and trust planning. Our estate and trust specialists have been called upon to give presentations at various tax and estate seminars and have authored numerous articles for local tax publications.
We are active in several local organizations for estate and trust professionals that focus on planned giving, and can offer a large client referral network including trust companies, attorneys, accountants, financial planners, and chartered life underwriters.
Protect your estate today
Don't risk losing a large portion of your estate through taxes. Let us help you create a plan that provides security for your family.