At Lakeline Tax, we specialize in estate and trust tax preparation services tailored for individuals, business owners, and real estate investors across Austin, Cedar Park, Leander, and Round Rock. Our proactive tax strategies are designed to protect your legacy, reduce tax exposure, and provide peace of mind for you and your heirs.

Why Estate & Trust Tax Planning Matters

Whether you’re managing a family trust, settling an estate, or planning a multigenerational wealth transfer, estate and trust tax compliance is complex and demands professional oversight. With thresholds for estate taxes expected to drop significantly after 2025, having a tailored tax strategy has never been more critical.

What Sets Lakeline Tax Apart

• Personalized Planning: We don’t offer one-size-fits-all solutions. Every plan is customized to your family’s goals and holdings.

• Collaborative Approach: We work closely with your attorneys, financial advisors, and fiduciaries.

• Local Insight, National Reach: Our Austin-area tax professionals combine regional knowledge with IRS-level compliance.

• Trustworthy Reviews: Rated 5 stars on Google and Yelp for responsiveness, accuracy, and care.

“Lakshmi and her team gave us clarity during a confusing estate settlement. Their attention to detail and personal approach made all the difference.” – Google Review, Cedar Park Client

Our Estate Tax Services

• Filing Form 706 (Estate Tax Return)

• Preparation of federal and state estate income tax returns

• Final 1040 for decedent

• IRS audit defense

Trust Tax Services

• Filing Form 1041 (Income Tax Return for Trusts)

• Simple and complex trust returns

Gift and Inheritance Tax Support

• Preparation of Form 709 (Gift Tax Return)

Estate Taxes vs. Inheritance Taxes: What to Know

• Estate Tax: Paid by the estate before distribution. Applies federally when assets exceed $13.61M (2024).

• Inheritance Tax: Paid by beneficiaries in certain states (not Texas).

• Avoiding Tax Traps: We help set up irrevocable trusts, utilize annual exclusions ($18,000 per person for 2024), and coordinate lifetime gifts.

Safeguard Your Wealth with Trusted Estate & Trust Tax Expertise

At Lakeline Tax, we understand that protecting your assets is essential to ensuring your family’s financial security. Estate and trust tax planning isn’t just a concern for the ultra-wealthy—it’s a necessary step for any individual or business owner with significant assets, dependents, or complex holdings. Developing an effective estate strategy requires precise execution and deep knowledge of fiduciary tax laws.

That’s where we come in.

With decades of experience navigating federal and state estate regulations, our team works hand-in-hand with attorneys, investment advisors, and fiduciaries to design comprehensive, tax-efficient plans. Whether you’re preparing a final return, establishing a multi-generational trust, or mitigating future estate tax liabilities, we tailor every approach to your family’s unique goals.

Backed by the latest tax law updates and a commitment to personalized service, we make complex estate and trust filings more manageable—so you can focus on preserving your legacy.

Learn more : Your Estate and Taxes: A Tax Planning Guide

Ready to protect your legacy? Book a free consultation with our estate tax experts today.

👉 Schedule a Call Now
📍 Serving: Austin, Cedar Park, Leander, Round Rock, and nationwide via secure Zoom
📞 (512) 335-8037
📧 info@lakelinetax.com

Trust Lakeline Tax With Your Legacy

As trusted advisors, we’ve helped families reduce estate tax exposure by up to $250,000 using trusts and strategic gifting. With over 20 years of experience and a 5-star local reputation, Lakeline Tax is your partner in wealth preservation.

⭐⭐⭐⭐⭐

“The team at Lakeline made trust taxes simple. Their coordination with our legal team and detailed guidance was invaluable.” — Yelp Review, Austin Client

Explore More Services | Read Our Tax Planning Resources