— Tax Services
Estate Tax in Houston
Understanding estate tax in Houston takes more than general knowledge—it requires a seasoned advisor like Presti & Naegele. Backed by 40+ years of accounting experience, we offer strategic estate tax services to protect your financial legacy, maintain compliance, and bring you peace of mind. Whether you're pre-planning or managing an estate after loss, we simplify these crucial financial steps. From the Museum District to the energy corridor, we recognize what makes Houston a one-of-a-kind city—and we tailor our services accordingly.
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Estate Tax Services
At Presti & Naegele, we empower individuals and businesses through expert advisory services. With personalized guidance, we build enduring partnerships and contribute to sustained success.
What Is the Meaning of Estate Tax?
Estate tax is a federal levy on the total value of a person's estate upon death. This includes properties, investments, business holdings, and personal items—collectively considered the "gross estate" by the IRS. At Presti & Naegele, we guide Houston clients through what counts toward this total, how it's valued, and how thoughtful planning can reduce what’s owed.
In Houston, our estate tax services cover every detail—pinpointing all taxable assets, identifying deductions, and handling the accurate filing of federal estate tax returns. We work directly with executors, family members, and trustees to make the process as efficient and error-free as possible.
Do You Have to Pay Taxes on Money Given to You When Someone Dies?
While most heirs in Houston won’t face taxes on what they inherit, exceptions can apply. For instance, certain distributions from tax-deferred retirement funds may carry tax consequences. Plus, estates can still face both federal and possible state tax obligations before any assets are passed on.
Presti & Naegele brings clarity to Houston estate tax planning. Our experts break down what’s taxable and offer strategies to reduce liabilities—while staying compliant with IRS rules and Texas-specific regulations. We ensure your loved ones receive their inheritance with minimal financial disruption.
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Why Estate Tax Services Matter More Than Ever
Estate tax isn’t just about numbers—it’s about family, legacy, and reducing stress during emotional times. At Presti & Naegele, we understand the financial and personal dimensions of managing an estate. That’s why our Houston estate tax service delivers both accuracy and support you can trust.
With our help in Houston, you can expect:
✔ Avoidance of penalties and legal missteps during estate filings.
✔ Reduced stress for grieving families with clear, guided support.
✔ Discovery of savings opportunities others often miss.
✔ Full compliance with IRS standards for true peace of mind.
Who Benefits Most from Estate Tax Services?
Our Houston estate tax services are designed for:
✔ High-net-worth individuals seeking proactive estate planning.
✔ Executors and trustees handling large or complex estates.
✔ Families committed to protecting their loved one’s wishes.
✔ Attorneys and financial pros needing a reliable CPA resource.
Whether it's your first time managing estate tax in Houston or you're planning ahead, Presti & Naegele delivers customized solutions and dependable guidance.
Long-Term Value That Extends Beyond the Estate
What sets Presti & Naegele apart is our ability to provide value long after the estate is settled. From helping families establish trusts and gifting strategies to advising on succession planning, our firm becomes a financial ally for life. Our insights and services go beyond estate tax—they build enduring financial resilience.
Why Choose Presti & Naegele for Estate Tax Services?
Presti & Naegele combines decades of experience with a personal approach to every estate tax situation. Here’s why clients across Houston depend on our team:
✔ In-depth knowledge of estate tax codes and processes.
✔ Compassionate, tailored service from CPAs who care about Houston families.
✔ Proactive planning strategies that protect wealth and reduce tax exposure.
✔ Comprehensive financial services—from advisory to valuation and beyond.
Estate tax in Houston isn’t just a technical process—it’s a chance to secure your financial legacy. Presti & Naegele is here to help you do just that.
Frequently Asked Questions About Estate Tax
How is estate tax calculated?
Estate tax is calculated based on the gross estate value, which includes all assets you own or control at the time of your death. This value is reduced by allowable deductions such as debts, funeral expenses, and charitable contributions. The resulting taxable estate is then assessed at the current federal estate tax rate. Our team ensures all possible deductions are accurately accounted for to reduce your estate tax liability.
What is the federal estate tax exemption?
As of 2025, the federal estate tax exemption allows individuals to transfer a certain amount—over $13 million tax-free—to heirs before estate tax applies. Married couples can often double this amount. Presti & Naegele helps you plan within these thresholds and recommends gifting strategies and trusts to optimize your exemption usage.
Is there a difference between inheritance tax and estate tax?
Yes. Estate tax is levied on the deceased’s estate before distribution to heirs, while inheritance tax is imposed on the beneficiaries after they receive their inheritance. New York does not have an inheritance tax, but understanding state and federal differences is essential. We guide you through both, ensuring full compliance and strategic planning.
What happens if an estate tax return is filed late?
Filing late can result in substantial penalties and interest. Executors are legally responsible for timely submission, which is why engaging an experienced accounting firm like Presti & Naegele is crucial. We meet all deadlines, handle extensions when necessary, and protect you from unnecessary penalties.
Can estate taxes be reduced or avoided?
Yes—through effective planning. Options include gifting during your lifetime, setting up trusts, charitable contributions, and leveraging the marital deduction. Our CPAs craft personalized strategies to significantly reduce estate tax exposure and preserve more of your legacy for future generations.
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Discover the transformative experiences shared by our satisfied clients. In their own words, they highlight the impact of Presti & Naegele's expert tax services, client accounting precision, and strategic guidance on their financial success. Read our reviews to gain insights into the personalized and enduring partnerships we've forged.
I have had my business for more than 10 years and struggled through several *truly awful* accountants. I found Presti & Naegele about 5 years ago and have never looked back. They are a life-changing breath of fresh air and they will be my accountants for as long as I live.
Andy and the whole Presti Naegele team have been game changers as accountants for our business. My previous accountant was very hands-off and not accessible. Andy and his team are always available, willing and able to roll up their sleeves no matter what we throw at them. Highly recommend - do NOT hesitate to work with them!
