Sun Law P.C. provides tax advice to individuals, executors, trustees, and businesses in a wide range of tax areas. There are many tax consequences to legal decisions, especially those which involve asset protection and estate planning. The proper legal decisions can only be made with a full and complete understanding of the resulting tax consequences.
General tax areas include:
- General gift tax advice
- General income tax advice
- General estate tax advice
- Stepped up cost-basis
- How gifts can reduce your estate tax burden
- 1031 exchanges
- Capital gains upon the sale of real property
- Generation-skipping taxes
- Alternate valuation elections
- How charitable gifts can reduce your tax burden
- Taxation of S-corporations, limited liability corporations, partnerships
- General tax advice for revocable, irrevocable, grantor and charitable trust