Your estate is your legacy, and if you’re leaving assets behind for your family, you should take precautions to protect those assets. The same applies to running a business, or just keeping yourself clear of tax trouble if you suddenly receive a sizeable inheritance. Your Bellevue, WA tax planning lawyer can help you create a plan that suits your estate. At Eastside Estate Planning, we’re ready to use our 10+ years of legal experience to walk you through the process. Read on to see why you need a tax lawyer, and contact us today to get started.
Why Do I Need A Tax Planning Lawyer?
Unlike a CPA, your tax attorney can help you legally reduce your tax liability, while also helping you come up with an efficient plan in case you suddenly receive a large sum of money. People oftentimes rely on CPAs for their regular tax issues (filing tax returns and your regular bookkeeping), but tax lawyers offer a little more. They’re a must-have if you’re managing a large estate or business. Plus, if you ever have issues with the IRS, your tax lawyer can handle disputes.
One of the main jobs of your tax planning attorney is helping you protect your estate. While estate taxes only affect estates worth a certain amount of money, they can still eat up a considerable portion of whatever you’re trying to leave behind for your loved ones. Your Bellevue tax planning lawyer can help you reduce estate tax liability through deductions, trusts, and more.
If you’re starting a business - or you’re running a business already - it’s important to have reliable tax counsel on your side, too. Much like managing a large estate, you have to be aware of the tax burden that’s placed on your business. Additionally, your tax lawyer can help you form a business or restructure your business if needed. You’ll learn the pros and cons of LLCs, S-Corps, and how they’ll affect your tax responsibilities.
Without a tax planning attorney, you may be on the hook for steep payments and the loss of considerable assets. Fortunately, the right legal team can make a difference. But how do you know what team to trust? It all comes down to experience…
Why Experience Matters In Tax Planning
Whether it’s protecting your legacy or building a business, you need a tax law advisor to show you your next steps. And at Eastside Estate Planning, we have the experience that makes a difference:
- We’ve spent over 10 years assisting our clients with estate planning and tax law.
- Attorney and founder Robert Franco holds an advanced law degree in taxation, and has helped clients minimize their tax payments many different situations.
- Our legal experience includes representing individuals and businesses alike.
We have the experience, and we’re ready to help you, next. If you’re ready to get started, contact us today.
Contact Our Team Today
At Eastside Estate Planning, we’re prepared to provide the tax and estate planning support you need. Get in touch with us today, and see what a Bellevue tax planning lawyer from our office can do for you.