Estate Services

Isler CPA can ensure that your estate is properly administrated and passed to your beneficiaries, whether they are children, friends or a favorite charity with minimal taxation. For the executor or trustee, working through the emotions to enact the final wishes and ensure family tranquility can be unmanageable. For the decedent, planning for the transition of wealth before passing and ensuring that final wishes and plans are enacted brings additional stress to their later years of life. At Isler CPA we take on the tasks associated with evaluation, taxation, administration and the transition of wealth to beneficiaries that inhibit the healing that needs to follow the loss of a loved one. We currently administrate and act as trustee for many clients and look forward to assisting you and your family.


Our Estate Services

Isler CPA can assist you with estate services including:

  • Estate, trust and gift tax return preparation
  • Estate tax projections and review
  • Establishing and review of revocable trusts and wills
  • Trustee and personal representative assistance
  • Planning with charitable remainder trusts
  • Succession planning
  • Retirement planning
  • Planning with life insurance
  • Testing to insure that you qualify for small business and farm valuation rules
  • Valuation guidance

Estate and Trust Planning

If you need to transition wealth to your heirs, protect assets from invasion, secure an income for your beneficiaries or plan an easy distribution of your final assets, we can design a plan for you.

Estate and Trust Taxation

Estates with a value of $1,000,000.00 or more are required to file Estate Tax Returns for Oregon. Estates with a value of $11, 400,000.00 or more are required to file Estate Tax Returns for Both Oregon and the Federal Government. Income earned on assets held by the Estate or Administrative Trust after the grantor has passed requires an Estate Income Tax Return to be filed with the State of Oregon and the Federal Government. Income earned by the decedent prior to passing may require a final Individual Income Tax Return. Isler CPA can prepare and file all necessary tax returns.

Estate and Trust Administration

Executors, Trustees and Personal Representatives all have a significant duty to the decedent: carry out the requirements of the Trust. For many, the task becomes too difficult. Isler CPA understands the requirements outlined in Trust documents and have the capability and desire to handle the daily, monthly and annual administrative tasks of bookkeeping, distributions, billings and collections, license and entity identification and renewal and information requests from all concerned parties. At Isler CPA, we also know who to talk with and whom to avoid. 

Wills & Simple Trusts

For those with small estates, Wills and Small Trusts can be an economic yet specific way to ensure transfer of properties and transition of wealth. Small Estate Affidavits can be filed for Estates with less than $75,000.00 of personal property and less than $200,000.00 in real property. Isler CPA, in conjunction with your attorney, can file the correct affidavits, work with probate and finalize plans drawn up in Wills and Small Trusts.

 

Contact our estate team

Joseph Lewis, CPA, JD

Partner

Glenn Munro, CPA

Partner Emeritus

Mary J. Fipps, CPA

Estate & Trust Director


What our clients say about us

“Joseph Lewis and Eric Bell’s wealth of expertise has helped countless early-stage entrepreneurs learn about business bookkeeping and tax considerations.”

- Ross Kanaga
Financial Innovation Manager, NEDCO