MRPR Assists Fiduciaries to Fulfill Their Trustee Responsibilities

Trust accounting issues can be confusing, especially for a fiduciary of a trust, who is required by law to provide a fiduciary accounting to the beneficiaries of the trust.

With over 30 years of experience working with fiduciaries, MRPR provides fiduciaries with a complete and accurate trust accounting, reporting annual trust account activity.

Our Trust and Estate team will make sure you stay in Compliance while paying the Least Amount of Tax

MRPR has experienced CPAs dedicated to helping trustees, executors and personal representatives stay in compliance with tax laws and regulations governing trusts and estates, while at the same time, developing strategies to help you pay the least amount of tax required by law.

Estate Tax Imposed on a Decedent's Taxable Estate? We Can Help!

If the estate tax is applicable to a decedent's taxable estate, a tax return (IRS Form 706) must be filed by the trustee, executor or personal representative of the descendent. With the recent significant changes in federal laws in regard to the taxation of estates, it is important to know how to apply these laws to provide the greatest tax savings possible.

MRPR has the expertise and knowledge of current and pending laws to help you navigate the complicated issues in regards to estate tax returns. Our experience helps to ensure the quality of our work, and to provide the most tax savings to our clients.

What does this mean for you?

It means you can rely on MRPR's experience and expertise to fulfill your fiduciary trustee responsibilities, whether you need fiduciary accounting services, trust income tax services, or estate tax return services.

Need Resources to Help Fulfill Your Fiduciary Responsibilities?

Click below to download these helpful resources:

MRPR as a firm, or as represented by one of our Principals or senior leaders, is a member of the Financial and Estate Planning Council of Metro Detroit, Inc. and the "Society of Trust and Estate Practitioners"


Information Needed to Prepare Form 1041 Income Tax Returns for Estates and Trusts

Information Needed to Prepare Form 1041 Income Tax Returns for Estates and Trusts

Guide to Inherited Property Basis Rules

Guide to Inherited Property "Basis" Rules

 

Testimonials

MRPR's Strategic Consulting Services Pays-Off for a Client

"Most recently, we had a great deal of uncertainty as to how to design the redemption of a retiring shareholder. When we brought it to your attention you had ideas and options that ultimately enabled us to satisfy the concerns of not only all of the shareholders, but those of our legal counsel. The end result was..." Read More

Diamond Tool Manufacturing
Michael J. McHugh, President

Foundation Praises MRPR's Expertise and Responsiveness

"We were concerned about finding a quality tax and accounting Firm to handle our Foundation's and other various Trusts' needs...your solid expertise and quick responsiveness was instrumental in overcoming various tax hurdles presented by the IRS..." Read More

The Wolford Foundation
Colleen M. Wolford, President