Estate & Gift Tax Returns

Unlike many other trust and estate attorneys, who refer preparation of tax returns to outside accountants, Temmerman, Cilley & Kohlmann, LLP prepares estate and gift tax returns for our clients. 

Our team attorneys includes dual-licensed, attorney-certified public accountants, and is distinctly qualified to analyze the application of estate and gift tax laws to unique and complicated estates, such as an estate containing business interests or numerous parcels of real estate.  Our attorneys have experience working directly with appraisers on the most complicated of valuation issues to ensure the values of each asset and liability are accurately reported.  Our attorneys are also experienced in counseling clients on transfers to grandchildren which may be subject to generation-skipping transfer tax. 

We coordinate these services with our clients' income tax preparers to ensure that deductions are taken in a manner which maximizes the tax savings for the estate.  We also help our clients qualify for special use valuation, an extension of time to file or pay estate taxes, or a deferral of estate taxes in the appropriate situations.

Our attorneys regularly prepare gift tax returns reporting clients' gifts of cash, fractional interests in real property, business interests, and counsel clients regarding making elections necessary to avoid generation-skipping transfer tax. 

Our attorneys can review and determine whether transfers are considered "gifts" by the IRS, and, if so, whether a gift tax return must be filed.  We can also discuss the benefits of filing a gift tax return even when not required by IRS. 

The IRS is auditing estate and gift tax returns with increasing frequency, making it imperative that estate and gift tax returns are prepared properly and accurately.  We provide a full range of services to achieve a favorable outcome for clients involved in an estate or gift tax controversy with the IRS, including strategies for managing an appeal or audit, and dealing directly with the IRS on behalf of our clients.

For advice and representation regarding estate and gift taxes, contact Temmerman, Cilley & Kohlmann, LLP.  Our San Jose estate planning law firm represents clients in Santa Clara, San Mateo, Alameda, Santa Cruz, Monterey, and San Francsico counties.