Whether you're a single person or the head of a family, dealing with financial matters can be challenging. Fortunately, Family Office Solutions is here to meet your needs. We offer a broad range of financial services for families and individuals.
General Family Services
- Serve as a trusted advisor and point person for all every-day (simple and complex) matters that arise.
- Referral and oversight of providers, such as insurance, investments, attorney, and other providers.
- Oversee fees charged by other providers and make recommendations when appropriate.
- Serve as a trusted advisor to the family and future generations.
- Long-term planning for family wealth preservation.
- Education of children and other generations on an ongoing basis.
- Serve as a resource/conduit to family members.
- Serve as an expert witness in conflict resolution matters.
|
|
Financial Planning
- Recommend estate-planning modifications and work with other advisors to implement on your behalf.
- Comprehensive Investment Review and Analysis
- Financial Planning for Next Generation and Beyond
- Stay abreast of continuously changing tax laws and make recommendations for financial plan modifications as needed.
|
|
Accounting Services
- General Ledger Accounting
- Account Reconciliations
- Fixed Asset Management
- Periodic Closings (Monthly, Quarterly, Year-End)
- Cash flow management, budgeting, forecasting, analysis, and communications on a regular basis.
|
- Prompt Bill Payment and Distributions
- Accounts Payable/Receivable
- Financial Statement Preparation
- Payroll Services
- Investment Transaction Recording and Reconciliation
- Capture and Reconciliation of Corporate Action Activity
- Capture and Reconciliation of Investment Partnership Activity
|
Tax Services
- Prepare and file all required federal, state, city and local returns, extensions and estimates (when necessary).
- Review tax documents issued by trusts and other entities and facilitate distribution to tax preparer through a secure client portal.
- Provide complex tax planning expertise for individuals, businesses, limited family partnerships, estates, trusts, succession planning, wealth preservation, and intergenerational wealth transfer and philanthropy.
- Prepare K-1s, 1099s W-2s and 1096s
|
|
Estate and Trust Administration Services
- Work with legal counsel in managing all aspects of trust and estate administration from inception through final distribution.
- Work with legal counsel and family members to ensure terms of governing instrument are fulfilled.
- Prepare all necessary income, inheritance and gift tax returns.
- Prepare estate and trust accounting.
- Work with legal counsel in preparation of estate settlement documents.
|
|
