Estate Tax Planning
DWD provides consulting services to help individuals minimize their estate’s tax obligation, regardless of the value of their assets, while transferring assets to their heirs. Like most people, you do not like to think about planning your estate, however, it is an important part of ensuring the financial security of your heirs. To maximize estate tax savings and ensure the financial security of your heirs, DWD takes an approach which includes an analysis of the following key factors:
¨ Calculate fair market value of all assets
¨ Estimate/potential estate tax given current legislature
¨ Consider ways to pay the tax including life insurance policies
¨ Gifting assets to heirs pre-death
¨ Succession planning for business owners
The most critical objective in estate planning, aside from having an actual plan, is being able to minimize tax obligations and stay current with the ever-changing tax laws. At DWD, we provide an ongoing approach to estate planning, opposed to a one time approach. The professionals at DWD work with you to ensure that you are well informed of changes that may affect your estate plan.
Estate Tax Form Preparation
DWD can provide the following estate tax form preparation services:
¨ 706 United States Estate Tax Return
¨ 709 United States Gift Tax Return
¨ IH-6 Indiana Inheritance Tax Return
¨ 1041 U.S. Income Tax Return for Estates and Trusts
An estate plan can reduce the amount of your estate subject to tax while still transferring assets to your heirs. It is never too late to be prepared. For over 70 years, individuals and business owners have turned to the trusted advice, prompt service and reasonable fees provided by DWD.