A view of the related tax work
A simple, dated map can help a family and its advisors see the returns, entities and open questions that need to be considered together.
The household’s tax work
A personal return may depend on information from trusts, businesses and investment partnerships. The map makes those relationships easier to discuss.
Select a part of the map to read the associated explanation. This is an explanatory example, not a live client account.
What belongs on the map
People, trusts, entities, relevant return relationships and the professionals involved in the tax work. Unknown facts should be marked as unknown rather than filled in for a tidy diagram.
What it does not establish
A diagram does not establish ownership, confer authority, provide a valuation or replace the governing documents. This example is an illustration of the presentation, not a live client workspace.