Forensic Accounting

Forensic accounting provides an analysis of all financial transactions of an estate or trust which can assure that you receive your full and rightful inheritance in any matters that may involve will fraud or conflicts.

For executors, trustees, and heirs forensic accounting provides an analysis of all the financial transactions of an estate or trust.

Tracking, verifying and coordinating of all assets and transactions, including:

  • Income and expenses
  • Tax deductions, deposits, and payments
  • Asset transfers
  • Contract obligations
  • Missing, hidden, or abandoned assets
  • Calculation of Executor and Trustee Commissions
  • Rents, loans, and mortgages
  • Deposit records
  • Artwork

We also prepare special report requirements for:

  • Accruals/tax carry forwards
  • Tax allocations
  • Distributable net income
  • Excess accumulations
  • Phantom income
  • Tax cost basis
  • Income/principal overdrafts
  • Annual Rest Statements

Our firm has the resources to handle complex fiduciary calculations, schedules and accounting adjustments between income and principal, including computer analysis and spreadsheet reports of liability calculations and practical settlement options that take into consideration:

  • Legal costs
  • Income tax
  • Estate tax
  • Gift tax
  • Implications of capital gains and losses

For additional information about tax analysis, liability and compliance reports, contact us today to arrange an initial consultation. From our offices on Lexington Avenue in the Grand Central Station area of mid-town Manhattan, New York, we provide estate and trust planning, probate administration, fiduciary accounting and tax services for international and nationwide lawyers with clients who have estate and probate issues in New York State.