Restivo Monacelli is well-versed in providing our clients with sophisticated estate and gift planning, trust administration, and compliance to ensure that a lifetime of assets are safely transferred to future generations. In addition, we strive to minimize the impact of gift, estate, and income taxes on our high-net-worth clients. We work closely with attorneys and other professional advisors to develop thorough business succession plans that are personalized to meet the needs of our clients.
Our Estate Planning and Wealth Preservation services include:
- Estate plan review, analysis, and tax projections
- Preparation of income, estate, and trust tax returns
- Trust administration and compliance
- Assisting trustees with trust compliance and tax planning
- Post-mortem tax planning and administration
- Assistance with sales and gifts to intentionally defective trusts and compliance
- Generation-skipping tax planning and compliance
- Private foundations and charitable planning
- Business succession planning
For more information on our Estate Planning and Wealth Preservation services, contact us.
Case Study
At Restivo Monacelli, our goal is to help our clients grow their businesses now and well into the future.
One such client, a local auto collision business employing 60 people, contracted with us to assist them in developing a business succession plan for their company. With so many families relying on this business, we felt a strong responsibility to help the owners plan for the next generation. Restivo Monacelli helped in eliminating and reducing estate and gift tax implications by passing the organization's leadership to the owner's son, and educated the family on the details of business succession. In addition, we assisted both father and son by deepening their understanding of the financial and accounting concerns involved in running a successful auto collision business, developing a new awareness of gross profit analysis, job costing, cash flow management, and financing.