Tax and Planning Services
Legacy's Private Wealth Management philosophy includes a highly
sophisticated understanding of the complicated nature of the taxes
that affect businesses, affluent individuals and their families.
Our relationship officers, some of whom are also attorneys, have
extensive experience in dealing with complicated tax matters. Their
experience and expertise cover a wide spectrum of taxation issues,
encompassing federal and state personal income taxes, fiduciary tax
return preparation, estate tax returns, retirement planning and
personal and charitable gift planning.
Federal & State Personal Income Taxes
Our professionals are familiar with the tax laws and
preparation procedures of State and Federal taxing
authorities. Not limited solely to tax preparation, Legacy will
monitor clients' estimated tax payments and aid in tax planning
throughout the year.
Fiduciary Tax Return Preparation
We have extensive experience in preparing fiduciary
income tax returns for trust and estate accounts and tax
information letters for investment advisory accounts.
Estate Tax Returns
As a personal representative, we either prepare or
coordinate the preparation of all Federal and State death tax
returns. We will formulate post-mortem tax planning techniques,
which in conjunction with a comprehensive estate plan can minimize
estate taxes and maximize the transfer of wealth to
If not handled properly, the accumulated wealth in tax-sheltered
retirement accounts can create tax burdens. We can assist with
planning, implementation and withdrawal strategies to avoid these
problems and assure retirement as envisioned.
Personal & Charitable Gift Planning
Whether your generosity extends to family members through annual
exclusion gifts or to charitable institutions through trusts or
foundations, we can craft gifting strategies to achieve your
philanthropic goals and to maximize tax savings.