The prestigious Certified Estate Counselor (CEC) designation is a specialty designation awarded by ReSecurity First Legal Association to their nationwide network of independent Estate Counselors.
Included in this group are Lawyers, Certified Financial Planners, Certified Public Accountants and select Insurance specialists.
Our Certified Estate Counselor brings extra background and thoughts on issues that impact our clients on both a personal and business level because of the following specific training:
Estate Planning and the Probate process. This includes the tax effects as well as the costs to the estate and the detailed processes involved with settling the estate.
The Most Common Estate Planning Mistakes and How to Avoid Them. How property is held, Title considerations, the best ways to transfer title, when and how is the best and most cost effective way to transfer.
Wills and their effect on the Estate The actual effects of not having a proper will. How a will effects the probate process and the estate. What property is governed by the will. How some property can be transfered without a will.
Family Planning With the Estate The best ways to preserve the family and it’s property with proper Estate Planning while minimizing taxes.
Business Planning and Continuation Strategies In-depth analysis of commonly used business structures and their effect on business interest transfers, continuation of a business to the next generation and the tax effect on it’s owners. Reviewing the structure and tax effects of Sole Proprietorship, Corporations (Sub Chap. C, & Sub Chap. S), Partnerships (General, Limited Liability & Family Limited Partnerships), and Limited Liability Corporations (LLC).
Detailed Review of Trust Law Including Living Trusts, Revocable & Irrevocable Trusts, Grantor Trusts, A-B-C Trusts, QTIP Trusts, Life Insurance Trusts, Charitable Trusts, Business and Contractual Trusts. In-depth review of actual Court Cases and State Trust Codes.
Powers of Attorney The detailed needs and uses for specific and general Powers of Attorney, including: How to avoid Conservatorship proceedings, choosing the Attorney in Fact, choosing the powers to grant, selecting the proper type of Power of Attorney, Limited and General Powers of Attorney, Durable and Medical Powers of Attorney and revoking the Power of Attorney.
This theoretical knowledge when combined with years of actual “real world” business experience brings a powerful resource to Our Clients.
It is this special blend of both knowledge and experience that allows our CEC to assist Our Small Business Clients to start, build and manage their small business. This is why we can confidently say that WE INCREASE YOUR PROFITS.
This is one of the reasons that our Clients say we are the best cpa in Philadelphia that Specializes in Solving Problems and Increasing Cash Flows for Select Individuals, Home Based, Start Up and other Small Businesses with 0-6 Employees.