Expert fiduciary tax guidance for estates, trusts, and future generations
Estate and trust tax services are a critical part of long-term financial planning—whether you’re protecting wealth, planning for succession, or ensuring your loved ones are provided for. At Riley & Company, we bring decades of experience and specialized fiduciary tax knowledge to help Houston families and business owners navigate complex estate and trust taxation with clarity, compliance, and care.
Why Choose Us for Estate & Trust Tax Services?
Specialized Fiduciary Expertise
We understand the nuances of estate and trust tax law and provide professional support with IRS Form 1041, estate filings, and fiduciary responsibilities.
Holistic Planning Approach
Our CPAs collaborate with attorneys, investment advisors, and trustees to align your estate plan with tax strategies that minimize liabilities and protect your assets.
Personalized Legacy Planning
No two estates are the same. We tailor your estate and trust tax strategy to reflect your family dynamics, financial goals, and philanthropic intentions.
Deep Knowledge of Texas Laws
We’re well-versed in federal and Texas estate tax guidelines, ensuring compliance while maximizing financial preservation for beneficiaries.
Transparent Communication
Estate planning can be emotional and complex. We offer clear, compassionate guidance every step of the way—whether you're establishing a trust or filing a return.
Our Estate & Trust Tax Services Include
Preparation of Estate and Trust Tax Returns
We prepare Form 1041 for trusts and estates, as well as applicable state filings, ensuring accuracy and IRS compliance.
Gift Tax Filings and Strategies
We assist with IRS Form 709, advise on annual exclusion limits, and develop tax-smart gifting plans to reduce your taxable estate.
Asset Allocation and Distribution Planning
We help structure asset transfers to spouses, children, charities, and trusts in a way that aligns with your wishes and reduces tax exposure.
Business Succession & Inheritance Strategy
Our team supports family-owned businesses with succession planning that minimizes tax impact and ensures continuity.
Trust Administration & Advisory Support
We advise trustees on their fiduciary duties, tax obligations, and distribution decisions to ensure legal compliance and financial integrity.
Ensure your legacy is protected—start with a personalized estate and trust consultation today.
Our Proven Process
Initial Consultation & Discovery
We begin with an in-depth discussion of your estate goals, family structure, and existing trust documents or wills.
Review & Strategy Alignment
Our team evaluates tax implications, reviews past filings, and coordinates with your legal or financial advisors to build a cohesive plan.
Tax Preparation & Compliance
We prepare all necessary estate, trust, and gift tax returns, ensuring timely and accurate submission to relevant authorities.
Ongoing Guidance & Support
We remain available for annual filings, updates to your estate plan, or trustee advisory services as your circumstances evolve.
Preserve What Matters Most
You’ve worked hard to build a legacy—don’t let taxes and complexity compromise its future. Riley & Company provides expert estate and trust tax services that honor your intentions, reduce liabilities, and guide you with care.
FAQ
Frequently Asked Questions
-
Who needs estate and trust tax services?
Anyone with significant assets, dependents, or business holdings can benefit from estate and trust tax planning. It's not just for the ultra-wealthy—it’s a key tool for protecting your family and wealth.
-
What is IRS Form 1041?
Form 1041 is used to report income earned by an estate or trust. We help prepare and file this complex return accurately and on time.
-
Can Riley & Company help with trust administration?
Yes. We guide trustees on tax filing, distributions, and legal responsibilities to ensure fiduciary duties are fulfilled properly.
-
What are gift tax returns, and do I need one?
If you’ve given gifts over the IRS annual exclusion limit, you may need to file Form 709. We help determine filing requirements and optimize your giving strategy.
-
Do I need an estate plan if I already have a will?
Yes. A will outlines your wishes, but a full estate plan addresses tax liabilities, asset protection, and long-term financial distribution.