While there have been fewer federal estate tax returns required to be filed due to increases in the federal estate tax credit, clients with larger estates often seek assistance from O'Reilly Rancilio's estate planning attorneys with respect to the filing of required estate tax returns. Depending upon the assets of the estate, this process may involve one or several of the following services:
Knowing how and when to use valuation techniques and sophisticated discounts in appropriate situations enables possible reduction or elimination of tax liability, sometimes completely eliminating the need to file a tax return.
While O'Reilly Rancilio has observed reductions in the number of audited estate tax returns, in many cases, there is a need to provide additional information to the Internal Revenue Service in order to obtain an estate tax closing letter. Having competent counsel supporting you can significantly reduce your anxiety, and in many instances, your tax liability. The tax attorneys of the firm can expedite accomplishing your goals.
Our federal estate tax returns and audits attorneys are: