Tax and Estate Planning

Tax and Estate Planning for the Individual:

MBK clients include hospitals and health systems; health and human service providers; for-profit and not-for-profit businesses; corporate executives; business start-ups; estates; and individuals planning their financial future.

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. We also provide ancillary probate services to out-of-state Executors and Administrators  who require estate administration services for Pennsylvania property.

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.