— Tax Services
Estate Tax in San Diego
Estate tax planning in San Diego can feel overwhelming—but with Presti & Naegele, you have a trusted partner every step of the way. With over four decades of accounting experience, we offer estate tax services designed to protect your assets, ensure IRS compliance, and simplify the process during life transitions. Whether you’re preparing in advance or managing an estate after a loved one’s passing, we provide clear, knowledgeable guidance. From the coastal charm of La Jolla to the cultural vibrancy of Balboa Park, we understand the San Diego community and tailor our approach 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 deceased individual’s estate. This includes homes, business assets, investments, and personal property—what the IRS defines as the “gross estate.” At Presti & Naegele, we help San Diego clients understand what’s counted, how those assets are valued, and how thoughtful planning can reduce what’s owed.
Our estate tax services in San Diego cover the full spectrum—from listing taxable assets and applying eligible deductions to preparing and filing accurate federal estate tax returns. We coordinate closely with executors, trustees, and families to ensure the process runs smoothly and legally.
Do You Have to Pay Taxes on Money Given to You When Someone Dies?
Most San Diego beneficiaries won’t be taxed directly on inherited assets, but there are exceptions. Some distributions from tax-deferred accounts, like IRAs, may result in taxable income. Also, estates themselves may be subject to both federal and possible state taxes prior to distributing assets.
At Presti & Naegele, we simplify these complexities for San Diego families. Our estate tax specialists help determine what qualifies as taxable, explore lawful strategies to reduce tax exposure, and complete all required filings with the IRS and California tax authorities. The goal: help your family retain more of what’s been left to them.
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Why Estate Tax Services Matter More Than Ever
Estate tax isn’t just a financial matter—it’s a deeply personal one. At Presti & Naegele, we understand how emotional and stressful it can be to settle an estate. That’s why our estate tax services in San Diego focus on both precision and peace of mind.
Here’s what we offer to families in San Diego:
✔ Prevent costly mistakes that can lead to penalties or delays.
✔ Ease the emotional burden during a sensitive time.
✔ Identify opportunities to reduce taxes and preserve wealth.
✔ Ensure every filing meets IRS standards for full compliance.
Who Benefits Most from Estate Tax Services?
Our San Diego estate tax services are perfect for:
✔ High-net-worth individuals who want to plan proactively.
✔ Executors and trustees handling complex estates.
✔ Families seeking to protect and carry out a loved one’s final wishes.
✔ Attorneys and financial professionals who need a trusted CPA firm.
No matter where you are in the process, Presti & Naegele brings the experience and personal service San Diego residents rely on for estate tax planning.
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?
At Presti & Naegele, we pair technical skill with genuine care to deliver exceptional estate tax service in San Diego. Here’s why families and professionals turn to us:
✔ Over 40 years of hands-on estate tax and regulatory experience.
✔ Personal attention from CPAs who understand the needs of San Diego clients.
✔ Strategic planning to help minimize tax impact and secure your wealth.
✔ A complete service offering—from valuations and forensic support to financial advisory.
When you choose Presti & Naegele in San Diego, you’re choosing experience, clarity, and a commitment to preserving your legacy.
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!
