Services
Estate taxes are those which are imposed upon the estate of the decedent for the transfer of property after his death. The decedent’s properties may be disposed of in two ways. If there is a valid will, testate succession takes place and the stipulations in the will as far as they are not contrary to law shall govern the partition of the estate among the designated heirs.
In case the decedent left no will, intestate succession occurs and Minnesota’s state laws will govern. The federal government allows tax exemptions on estate tax which can minimize or even eliminate the payable estate tax completely. To optimize your assets for purposes of succession, estate tax planning is required.
Business and Estate Tax Attorneys MN
Business taxes take the form of income tax, sales tax, or employment tax. Businesses in Minnesota must pay a variety of federal, local and state taxes. Furthermore, the type of taxes that you must pay depends on the structure of your business. Partnerships, sole proprietorships and corporations each have different tax obligations.
As tax attorneys in Minneapolis, Minnesota, Aaron Hall and his dedicated team of lawyers at Twin Cities Law Firm, LLC can provide comprehensive tax representation and practical tax services for a variety of tax issues, including tax problems involving:
- Individual and corporate income tax – For individuals and corporations with legal concerns regarding their payable income taxes and the filing of their income tax returns
- Criminal tax – All criminal actions involving taxation
- Bankruptcy tax – Discharge of certain tax debts through bankruptcy proceedings
- Tax planning – Providing practical tax reduction services within the purview of the tax code
- International tax – For tax issues involving taxes imposed by other countries
- Estate and Gift tax cases – For federal gift taxes and estate tax assessment concerns
Our main practice area in tax law is in the field of tax planning for estate taxes and businesses. We can assist individual and corporate clients in tax planning to ensure that a decedent’s estate is properly disposed of in the manner which he pleases with minimal payable taxes, or the optimization of businesses for purposes of taxation as well as handling tax audit and legal representation in litigation against the IRS.
Contact a Tax Lawyer in Minnesota Today
Call Twin Cities Law Firm, LLC in Minneapolis, Minnesota to learn more about our legal services in each field of tax law and the extent of legal representation we can offer for you or your business. Discuss your issue with our team of experienced tax attorneys. Call us today.