Estate, Trust and Gift Accounting

“In this world nothing can be said to be certain, except death and taxes.”

While less than comforting, Benjamin Franklin’s quote cannot be disputed. What’s even more unfortunate is that with death, taxation often follows soon thereafter, adding to the stress of the bereaved.

At Albanese Sinchar Smith & Co., we offer accounting and tax management services for estates, trust funds, and even gifts. Our services are aimed at helping alleviate any financial burdens associated with a time of loss.

Estate Tax Service

As the executor of an estate, your solemn duty involves evaluating both the financial resources and belongings of a departed loved one, then seeing to their distribution.

Albanese Sinchar Smith & Co. aids in the valuation and reporting of all assets. Upon distribution, we take responsibility for the final accounting process and reporting, so you don’t have to.

It’s a great weight that can be removed from your shoulders, with our dedicated staff standing beside you to see the process through to completion.

Call us at 724.863.4261 today to learn how we can help you when you need it most, or complete our easy‐to‐use contact form at your earliest convenience.

Trust Fund Services

A key objective when helping trustees and trustors with fund setup and management is the reduction of tax liability on the taxable income from an inheritance.

With our understanding of state and federal tax codes, we give our trustors confidence that their assets will be well managed and utilized, long after passing.

Call Albanese Sinchar Smith & Co. today at 724.863.4261 or contact us to learn how we can manage your trust fund’s accounting and investments so that they truly benefit those intended.

Gift Services

• We also can help you with accounting practices related to gifts. Many factors go into deciding whether or not a gift will be subjected to taxation, and we bring clarity to your unique situation.
• We can make suggestions as to the best way in which to present and transfer your gift, thus limiting your tax liabilities.

Call Albanese Sinchar Smith & Co. today to learn more, at 724.863.4261.