Trust & Estate Practice Placemat

Focus On What Counts Industry Experience

You've worked long and hard to build and protect your wealth. Developing an estate plan early is critical if you want to diminish the estate tax burden on your heirs and distribute the highest amount possible to your beneficiaries, with little delay. An effective estate plan will ensure that your assets are distributed in line with your specific goals and intentions and ensure your assets are protected for future generations.

Why CitrinCooperman

•Depth of experience in your industry to leverage best practices

•World-class service and communication

•Direct access to technical and subject matter specialists

•An engagement team empowered to make decisions and activate resources

•Collaborative approach for finding solutions to complex accounting and tax issues

•Value for fees with no surprises

•Staffing continuity

Owners of family-owned or closely-held businesses need to consider the future of their business when doing their estate planning. Avoiding the stressful transition between generations requires careful planning while preparing your business for multi-generational success.

CitrinCooperman's Trust and Estates Practice advisors will help you proactively protect your wealth and business by working with you to design and implement a plan that meets your specific personal and business goals.

Understanding Your Needs

Going above and beyond the core services. Establishing long-term, value added relationships is key to our approach to client service. As such, we pride ourselves on our drive to constantly look to offer more to our clients.

Maintaining a high ratio of partner-to-client touch points. The experience becomes valuable at every turn when partnerlevel interactions are a regular occurrence, as opposed to bringing in the account and passing it off to less experienced staff.

Proactive Communications. Over the course of your relationship with us, we will not only make sure to address the challenges and opportunities on your radar, but we will also make sure you are kept abreast of peripheral matters that may affect you directly or indirectly.

We establish a true team effort. On many occasions, we will work with clients where conjunction with other members of their advisory team is critical to the success of the project. We are committed to maintaining an open path of communication with the other advisors to support the needs of our clients.

Our broad networks and teams of seasoned experts allow us to address matters on all levels of complexity and gives our clients the confidence in our ability to get the job done right.

What Makes Us Different

WE HAVE A RECORD OF RECOGNITION.

CitrinCooperman’sTrustandEstatePracticeconsistentlyearnsrecognitionforitsachievements,andhasdone soformanyyears.SeveralTrust&Estatepartnershaveservedinvariousleadershiprolesinestateplanning councilorganizationsacrossthefirm'sgeographiesandhavebeenfeaturedinleadinglegalandindustry publicationsincluding AccountingToday, LegalIntelligencer, CPAJournal, TheStreet, TheWallStreetJournal, Inc.Magazine, InsuranceCoverageLawReport, NewYorkLawJournal,and StateTaxNotes,tonameafew.

Asthoughtleadersinthefield,we’reactivelyengagedineducationalmatters,andworkhand-in-handwith organizationalsocietiesandbarassociationstoteach andlectureatnumerousuniversitiesandcompanies.

Trust and Estates Services

Estate, Trust and Gift Planning

•Reviewing wills, trusts, and other estate planning documents

•Foundation and charitable trust advisement

•Business succession planning

•Life insurance planning

•Asset protection planning

•International estate planning

•Multi-generational wealth planning

•Single and multi-family office consulting

•Charitable gift planning

Estate and Trust Administration

•Preparing and filing estate, trust, and gift tax returns

•Foreign trust reporting

•Assisting fiduciaries and beneficiaries in the probate and administration process

•Post-mortem estate tax planning

•Assist with estate administration, from marshalling assets to asset distribution

Fiduciary Accounting

•Preparation and professional representation of fiduciary accountings for trusts, estates, conservatorships, and guardianships

•Resolving conflicts among fiduciaries and/or beneficiaries in estate and trust administration

•Identifying opportunities for tax savings, preparing tax returns, and working with legal advisors in resolving disputes with creditors and the Internal Revenue Service

Asset Protection

•Coordinate with our clients’ other advisors to organize their business and financial affairs so as to minimize liability and lawsuit risk

•Proactive planning before a claim arises

•Ensure that your wealth and future earnings are protected against possible loss

•Review of insurance policies for adequacy of coverage to mitigate risk

•Creation of trusts designed to provide additional asset protection

•Review of business entities, shareholder agreements, partnership agreements

Future. Reimagined.

Partner, Leader, Trust and Estate Practice

Howard Klein

hklein@citrincooperman.com

Partner Cay Taylor

ctaylor@citrincooperman.com

Partner Mary Delman

mdelman@citrincooperman.com

“CitrinCooperman” is the brand under which CitrinCooperman & Company, LLP, a licensed independent CPA firm, and CitrinCooperman Advisors LLC serve clients’ business needs. The two firms operate as separate legal entities in an alternative practice structure. CitrinCooperman is an independent member of Moore North America, which is itself a regional member of Moore Global Network Limited (MGNL).