Trust & Estate

At Hungerford Nichols, we are committed to understanding your individual needs and family dynamic to best tailor our services to your goals while striving to preserve your family legacy and wealth. Whether it is for transferring wealth to future generations, safeguarding assets or for charitable intent, we can achieve this through our team oriented approach, considering all facets of your long-term financial objectives while meeting the wishes of your control.

As we begin to understand the thoughts of an individual, we tailor our wealth transfer planning strategies to each unique planning situation. We have successfully implemented a variety of techniques to transfer wealth with little or no tax cost that would include:

  • Family Limited Partnerships (FLP)
  • Gifting through various vehicles using discounting
  • Irrevocable Life Insurance Trusts (ILIT)
  • Grantor Retained Annuity Trusts (GRAT)
  • Intentionally Defective Irrevocable Trusts (IDIT)

The estate planning process can be described as an ongoing journey. By creating relationships with multiple members of our firm, we are able to develop comprehensive solutions for the entire family. Flexibility and controls allow for the plan to meet the family objectives

We can assist with the following services:

  • Advising on transfer strategies
  • Fiduciary income tax return preparation
  • Estate and gift tax return preparation
  • Gift tax projections
  • Valuation & wealth management services
  • Asset analysis

For more information on Trust & Estate Planning, please contact Jerry Nichols, CPA, Shareholder or Adriane Schrauben, CPA, MBA Senior Manager, at 616-949-3200.