Dhillon Marty CPA Advisory

Tag: estate planning

  • Understanding Trusts: A CPA’s Guide to Tax Implications and Estate Planning Benefits

    Author- Sonia Dhillon, CPA, MBA A trust is a powerful tool in financial and estate planning, offering benefits ranging from privacy and probate avoidance to significant tax advantages. For high-net-worth individuals and business owners, understanding the tax identity and accounting rules of a trust is crucial—and that’s where an experienced CPA comes in. This guide…

  • Trust vs. Will

    Author- Sonia Dhillon, CPA, MBA A Trust is a legal arrangement in which a grantor transfers assets to a trustee, who manages the assets for the benefit of beneficiaries. The trustee is a fiduciary obligated to handle the trust assets by the terms of the trust document and solely in the best interests of its…