John C. Downs CPA is the trustee of several local trusts and serves as a personal representative for clients. Our firm will prepare year-end 1041 trust income tax returns, and consult with you and your attorney to insure the provisions of the trust are being followed as well as assist you in minimizing the taxes.
We prepare the Federal Estate Tax Return, sometimes referred to as the "death tax". Advanced planning in this area is imperative to reduce estate taxes due upon death. We will assist you in working with your attorney to make sure you have a current Will, as well as discuss other important but often overlooked issues such as gifting, living wills, power of attorney, medical surrogates, and long term health care insurance.