Professional Services
Family Office Services
Family Office Services...A family office involves centralized management of the financial affairs of an individual or family (typically spanning more than one generation). The user of family office services often wishes to focus on entrepreneurial, financial, creative or charitable projects without having to be concerned about business or tax affairs. Niman & Associates’ family office services provide a number of benefits to individuals and family members: summarizing and analyzing information so that clients are freed up to make higher level decisions; alignment of wealth planning objectives and financial management; estate planning; asset allocation; and outsourcing of reporting obligations. Family office services can include:
- Lifestyle management: bill paying, cash flow management, succession planning, and budgeting.
- Integrated planning: tax planning and compliance; wealth management and multi-generational planning; cost analysis; and estate planning,
- Risk management: liability management, insurance analysis and oversight
- Philanthropy: assistance with setting philanthropic vision; foundation management; personal giving
- Family continuity: managing and accounting for family assets; education, coaching and facilitation
- Succession planning: development and monitoring of management succession plans
Estate & Trust Services
Estate & Trust Services...Estates and trusts are governed by the California Probate Code and are subject to oversight by the California courts. Niman & Associates has substantial experience in preparing accounts and reports that comply with the exacting legal requirements of the Probate Code. We will work with attorneys, trustees, financial intermediaries and advisers, and others to plan and maintain trusts. The comprehensive services offered by Niman & Associates include the following:
- Development of gifting strategies
- Review of estate planning documents
- Preparation of fiduciary accountings
- Preparation of estate returns, gift tax returns, and fiduciary and charitable trust income tax returns
- Representation of clients before the IRS in estate and gift tax matters
- Assistance with asset allocation
- Sub-trust funding assitance
- Planning for estate tax minimization
Business & Indivudial Tax Service
Business & Individual Tax Service...Niman & Associates provides a full array of tax services. In addition to helping individual clients to comply with federal and state tax filing requirements, Niman & Associates has significant experience with the tax compliance issues of corporations, limited liability companies, partnerships, and not-for-profit organizations. Our expertise includes assistance to the multi-jurisdiction entity, and we offer multi-state and international tax compliance and planning services. Tax preparation services include the preparation of income tax returns, property tax renditions, business license forms, and payroll and sales tax returns; the computation of estimated taxes; and projections of estimated tax exposure and liability.
Accounting & Consulting Services
Accounting & Consulting Services...Accounting and consulting services. Niman & Associates has substantial experience in tax planning, consulting and accounting services. We provide accounting and bookkeeping services including write up work and financial statement preparation, both for businesses and (increasingly) for individuals who actively manage their financial affairs. This compliments the tax planning as one element of overall financial planning. We integrate these services with our clients’ long term objectives, and look for all alternatives to a given course of action. Our services include overall tax minimization for individuals and families and their ventures; assistance with corporate and entity structures; and the review of tax strategies, investments and insurance coverage. While we consult on insurance, investments and mortgage vehicles we do not sell, receive commission or any other remuneration on client decisions.