G&U provides its clients with a myriad of other specialized services. For small businesses or investors that do not have an internal accounting staff, we can write checks and handle deposits. For the real estate operator, we can make various calculations commonly required by leases, such as inflation adjustments, allocation of common costs to tenants, rents or lease costs based upon percentage of sales or some other basis for measurement. We will also analyze investment alternatives and assist you with personnel recruitment.
Buying & Selling a Business
Our firm advises prospective business purchasers about local market conditions, industry trends, and the financial condition of an acquisition candidate. If you are selling a business, we can offer advice for obtaining the best possible sales price and contract payout terms.
An estate plan is an arrangement for the use, conservation, and transfer of an individual's wealth. Estate planning involves much more than merely the preparation of a will. A well thought out estate plan concerns itself with the creation of an estate where none would otherwise exist, the increase of an existing estate to meet the needs of the owner and his or her family, and the preservation and protection of the estate from unnecessary taxes and costs.
A good estate plan should provide for the best utilization of assets during the owner's lifetime and should anticipate for such lifetime needs as funds for children's education, income for retirement, replacement income in the event of disability, and management of the estate in the event of incapacity. A good estate plan must provide for the disposition of assets on death in such a way that the estate being passed on is maximized and is left in accordance with the wishes of the decedent and the needs of the family.
Estate planning requires a team approach which normally involves an individual's accountant, attorney, and other financial advisors. G&U brings a thorough understanding of the laws, many years of estate planning knowledge, and an awareness of our client's needs to this very important team effort.
G&U's audit, accounting and business expertise provides us with the knowledge to make a unique contribution to a litigation support team. Working on behalf of you and your attorney, we perform analysis and valuation of businesses in business disputes and divorce matters, and we perform specialized audits and review to assist in the resolution of business or insurance disputes.
G&U can be helpful with the establishment of pension and profit-sharing plans. Working with pension consultants, we assist you in designing a plan which will give you the maximum income deferral at the least cost.
We will also assist in the design of necessary administrative procedures for your plan, and we prepare the various reports and information returns required under the Internal Revenue Code, ERISA and the Department of Labor rules and regulations.
If you have a large plan requiring an annual audit, G&U provides personnel specializing in retirement plan audits and associated reporting requirements.