High Net Worth Tax Planning
Reap the Rewards.
The Right Plan Can Have Your Taxes Working for You and Not Against You.
Navigating the complexities of taxes can be a daunting process, but minimizing taxes is vital for your portfolio’s growth. At Maner Costerisan, we take an ongoing, integrated approach to tax planning, ensuring you’re not leaving any money on the table. Meanwhile, we scan for future changes to keep you steps ahead.
With high net worth planning, we focus on your specific goals, then proactively bring solutions via a variety of in-house specialized services, including income tax and retirement planning, investment advisory, wealth management, philanthropic fulfillment, and wealth transfer. You’ve worked hard to build your wealth; you deserve a partner that works just as hard to secure your legacy.
Tax Planning – IRAs, Roth IRAs, Roth Conversions
Personal Income Tax Reporting and Planning
Gift Tax Strategies
Generational & Estate Tax Planning
Business Tax Services
Need help deciding what type of retirement plan is right for you? Leave it to our experts to provide the tax implication insights necessary to help you optimize your investments. For those interested in adding to the after-tax environment, deciding whether to convert funds into a Roth hinges on tax rate minimization, managing the tax consequence, and understanding future plans for your estate. We can help you decide if and when a conversion could be beneficial for you.
Giving back to meaningful causes and organizations is an important piece of a sound personal and financial strategy. Our team of experts will work with you to structure your financial donations in ways that benefit charities that are important to you, reduce your tax burden and increase your ability to give back in the future.
Our tax experts will navigate the complexities around personal tax filings, including individual and trust/estate returns to ensure you take advantage of every opportunity available to minimize and manage your tax burden so you can maximize your wealth.
You’ve worked hard for the life you’ve created. Let us help you achieve your wealth transfer goals as you share your legacy with the next generation, your community, and the organizations you care for. Our team of specialists can help maximize your after-tax net worth and its impact on your loved ones with a strategy that considers all aspects of gift tax legislation.
Asset ownership strategies, beneficiary selections, and the provisions within your will and trusts should all be consistent with your intentions for transferring wealth. These factors encompass your estate plan and should be structured in a way that accomplishes your goals while avoiding unnecessary time and costs. Our collaborative team of experts can help you navigate decisions around generational and estate tax planning to ensure your estate plan accomplishes your legacy goals in the most efficient and economical manner.
We work alongside your legal counsel to develop and implement a comprehensive estate plan that combines tax and financial planning strategies to help preserve your wealth for future generations. By clearly defining your plan to transfer wealth and using strategies that minimize costs and taxes, we take care of everything to help you create a legacy that aligns with your personal values and goals. And most important, enables a smooth estate transition without unnecessary drama or costs.
Our experts take a holistic approach that coordinates the advice from your tax professionals and investment managers to develop a financial plan focused on making sure your hard-earned money helps secure the retirement of your dreams.
When it comes to taxes, you don’t want to pay a penny more than necessary. So, our experts scrutinize the latest tax credits and design strategies to maximize every available tax incentive with your wallet in mind.
With your goals in mind, our experts design innovative tax strategies to create opportunities to save your business money.
Maximizing Your Charitable Giving for Tax Benefits
By: Jen Danko We all wish we could contribute more to those causes and communities we care about most. By…
IRS Issues Guidance on New Retirement Catch-up Contribution Rules
In December 2022, President Biden signed the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act. Among other things, the sweeping…
IRS Pushes Back Changes to 401(k) Catch-Up Contributions
The Internal Revenue Service (IRS) announced in late August, 2023, it will push back changes to 401(k) catch-up contributions that…
The Importance of Pre-Death Estate Planning
By: Jen Danko Planning for the future is a responsibility we all share. One crucial piece of crafting a solid…
Selling Mutual Fund Shares: What are the Tax Implications?
If you’re an investor in mutual funds or you’re interested in putting some money into them, you’re not alone. According…
Important Cryptocurrency Related Proposals Included in Biden’s 2023 Budget Proposal
The Biden Administration has proposed to modernize certain tax rules relating to securities, including nonrecognition rules applicable to certain securities…
Biden Administration’s FY 2023 Budget Plan Calls for Corporate, High Net Worth Individual Tax Hikes
The Biden administration’s fiscal year 2023 budget blueprint, released on March 28, consists of a mix of familiar proposals and…
Congress Eyes Further Retirement Savings Enhancements
In 2019, the bipartisan Setting Every Community Up for Retirement Enhancement Act (SECURE Act) — the first significant legislation related…