Tax and Estate Planning
Myers, Brier & Kelly, LLP, represents high net-worth individuals and closely-held businesses in their tax and estate planning. We strive to achieve our clients’ planning objectives while minimizing tax exposure and maximizing asset protection. We offer a broad array of services to our clients to suit their individual needs.
Tax and Estate Planning for the Individual
We advise individuals on all aspects of personal tax planning including federal, state and local income, estate, and gift taxes. Our estate planning services for individuals include preparing wills, trusts and durable powers of attorney.
Trust and Estate Administration
We advise families in handling the administration of complex estate and trust matters. Our services include assisting Executors and Trustees in discharging all of their fiduciary duties, such as preparation and filing of all required tax returns. We provide assistance in marshalling and distributing assets to beneficiaries.
Planning for the Business Owner
MBK counsels business owners on all areas of tax and estate planning in connection with their business, including planning for the transition of management and ownership in the business, providing methods for shifting value during the owner’s lifetime to successive generations, preparing buy-sell agreements, stock transfer restrictions, employment agreements, executive compensation and non-qualified deferred compensation plans, and developing and implementing exit strategies for inactive owners of the family business.
Charitable Giving
Our firm also assists donors in their charitable-giving objectives. We counsel individuals and charities on a number of charitable-giving techniques including establishing charitable trusts and charitable gift annuities, forming charitable foundations, and structuring gifts to donor-advised funds.
Tax Controversy Matters
We have extensive experience in representing individuals and business owners in audits and other administrative inquiries before the Internal Revenue Service and the Pennsylvania Department of Revenue. Our tax controversy experience extends to representing clients in tax litigation matters before the United States Tax Court.