One of the most important things you can do for both your family and your business is to establish an appropriate succession plan. Our firm will be able to help you with organizing the key people of influence and setting a plan for change.
In the reorganization, minimization of taxation will be imperative. We will be able to evaluate effective corporate tax structures. This includes reorganizing the existing business structure and/or setting up a family trust. At Rana & Associates we have the tax expertise and practical experience with estate planning and family business enterprises, and pride ourselves on providing a complete range of tax services for estates and trusts.
Various types of trusts established before or after your death could be utilized to take advantage of a number of benefits. These include, but not limited to the following:
We'll work closely with you to prepare effective strategies for managing your trust and estate needs.