- Estate, Gift, & Family Philanthropic Planning
- Trust & Estate Administration
- Estate & Fiduciary Litigation
- Fiduciary Accounting
- Real Estate
- IFF Advisors of NY, LLC
Our specialized fiduciary accounting practice offers experienced tax attorneys and accountants with a comprehensive understanding of the rules, complexities, and strategies surrounding fiduciary accounting and tax returns. The strategies we provide are significantly enhanced by our knowledge of the details of our clients' trust and estate planning goals.
Our professional services cover the following areas of work:
- Preparing judicial and non-judicial fiduciary accountings for the fiduciaries of lifetime or testamentary trusts and estates, and handling all related Surrogate's Court (or Probate Court) procedures;
- Assisting fiduciaries in understanding their responsibilities as Trustee or Executor, and advising them on the intricate statutes, rules, and regulations pertaining to them. These services help mitigate the likelihood of lawsuits against these fiduciaries;
- Preparing sophisticated estate, gift, and fiduciary income tax returns for all federal and state tax authorities;
- Handling all estate, gift, and fiduciary income tax audits initiated by federal and state tax authorities, and appeals if necessary.
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