Estate and gift tax planning involves protecting and maximizing the value of assets that are transferred to beneficiaries, as well as minimizing any transfer taxes.
At ElderCare of RI, LLC we are experienced and knowledgeable with estate and gift tax planning and estate and gift tax preparation. We design and plan strategies to help you create solutions. We will work together with your other professionals including elder law and estate planning lawyers/attorneys. Our goal is always to protect your hard earned assets now and in the future.
Key ElderCare Services
- Financial, tax and routine bookkeeping services
- Advanced planning
- Long-term care insurance
- Social security and veterans benefits
- Medicare and Medicaid
- Protecting assets
- Bill paying
- Receive and deposit cash receipts
- Submit claims to insurance companies
- Confirm accuracy of provider bills
- Protect elderly from predators by controlling checkbook and other assets
- Ensure expected revenues are received
- Income tax planning and preparation
- Prepare trust and gift tax returns
- Estate tax planning and return preparation
- Prepare employment tax returns for caregivers and household help
- Evaluate alternative costs of housing
- Review and analyze financial transactions and test for adherence to established criteria
- Review investments and trust activity and test for adherence to established criteria
- Verify third-party calculations, such as pension payments, insurance payments, and other annuity payments insurance planning