High Net Worth Tax Services
For individuals with high net worth, comprehensive tax services are vital to preserving assets for current and future generations. HRSS is proud to offer a program of integrated financial planning – one that encompasses business interests, investments, assets, and wealth structure. We firmly believe this approach represents the wisest course to build and preserve your family’s wealth.
Strategic Tax Planning
A program of strategic tax planning allows us to explore a client’s financial goals and offer a range of proactive tax solutions to help realize each one. The HRSS Wealth Management team understands that for our high-net-worth clients, tax management can be surprisingly complex. We counteract the confusion through relationship management with our clients’ various tax authorities.
Estate & Trust Tax Planning
Preserving your legacy requires a watertight plan for the smooth transfer of assets to your heirs. HRSS tax professionals assiduously customize estate and trust plans to the particulars of each client. We know that details matter: how we characterize your property, value your assets, and establish tax elections will have major implications for your estate.
Gift Tax Planning
Gift tax planning services evaluate the pros and cons of transferring wealth to beneficiaries as part of your estate planning. We recommend action on the many available options: annual gifts with no tax consequences, unlimited gifts for medical expenses or tuition, property transfer, unlimited spousal transfer, and certain proceeds from life insurance.