The Complete Guide to Estate Administrations: Navigating the Role in Estate Planning WEBCAST

Overview

Estate and trust administration is an essential aspect of financial and legal practice. Understanding the intricacies of estate administration is crucial for professionals in this domain. This comprehensive course focuses on the key components of estate administration, highlighting the roles of CPAs, EAs, attorneys, financial planners, and others as integral members of the estate administration team. Participants will learn how to navigate the challenges involved in settling estates, ensuring compliance with fiduciary duties, and protecting stakeholders’ interests. The course covers critical topics such as asset collection, creditor payments, probate, and fiduciary accounting. Professionals will leave with a thorough understanding of estate administration processes and be prepared to address unique challenges as they arise.

Highlights

Key considerations and challenges in estate settlement. Asset collection, accounting, and creditor payments in estate administration. Distribution challenges and solutions in estate settlements. Probate process: implications and management in estate administration. Will contests challenges and resolutions. Fiduciary duties, responsibilities, and accounting in estate administration. Stakeholder rights and protections in estate administration. Federal and state death tax implications in estate administration. Ancillary estate administration matters and special considerations. Trust-related issues and special considerations in estate administration.

Prerequisites

None.

Designed For

CPAs, EAs, attorneys, financial planners, insurance agents, and bankers.

Objectives

Identify the crucial role of professionals in estate administration. Apply the process of asset collection and accounting in estate administration. Evaluate debts and creditors for estate settlements. Describe the probate process and its impact on estate administration. Resolve distribution challenges in estate settlements. Explain fiduciary duties and responsibilities in estate administration. Analyze federal and state death tax issues in estate administration. Implement best practices for managing special considerations related to trusts.

Preparation

None.

Notice

None.