Growing With Our Clients for 75 Years

Estate and Gift Tax Planning

W&D provides a high level of specialized tax expertise for you, your family and your business across a wide range of complex areas.

Estate & Gift Tax Planning

Estate and gift tax planning is critical to ensure that a person’s property passes according to his/her wishes, in a form and manner which is consistent with family and business goals and with the minimum possible loss to gift and estate taxes.

W&D's Estate & Gift Tax Planning Services

Our goal is to help you achieve the most advantageous future financial position. W&D’s estate and succession planning professionals help address the following key areas:

  • Developing efficient gifting strategies to meet both family and philanthropic goals
  • Assessing generation-skipping transfers
  • Identifying appropriate uses for a variety of trusts and ensuring proper implementation
  • Reviewing all estate-related documents (wills, trusts, etc.) to ensure estate tax efficiency and compliance with client wishes
  • Assisting with all gift and estate tax-related compliance services, including preparation of Form 706, Form 709, Form 1041, Form IH-6, etc.
  • Assessing retirement strategies
  • Determining distribution plans for IRAs, 401(k) and qualified plans

Business succession planning

W&D has in-depth experience with helping businesses transition from one generation to the next. Learn More.

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Related Information

Succession Planning
Business Valuation
Wealth Management

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COVID-19 IRS Penalty Relief: What Taxpayers Need to Know
COVID-19 IRS Penalty Relief: What Taxpayers Need to Know

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Accountants | Auditors | Consultants | CPAs - Warady & Davis LLP is a Top 25 Chicago CPA Firm that provides audit, accounting, tax and consulting services to privately-held businesses, high net-worth individuals across the United States, including Chicago (IL), Milwaukee (WI) and surrounding areas. The firm provides a variety of accounting, tax, audit, technology, forensic, consulting and advisory services to guide businesses toward their goals. W&D's industries served include construction, healthcare, medical and dental practices, nonprofits, manufacturing, real estate, wholesale & distribution and closely-held businesses.