Estate Administration Basic Skills
March 2011
Estate Administration Basic Skills
What are the basic issues to consider when administering your client's estate?
Whether you're new to this practice area or you're an experienced practitioner, attend this program to hear your faculty of top experts give you an overview of the essential steps to take, from opening to closing an estate. Learn exactly what you need to know about income tax, creditors' claims, real estate matters and more. Then, the next time the administration of your client's estate becomes complex, you'll be able to focus on those complexities because you attended this program, which will have armed you with a solid foundation of the basics.
You won't want to miss this informative program!
Program Highlights
- Introduction to Estate Administration
- Initial Client Interview and Opening an Estate
- Rights of Surviving Spouse and Family
- Creditors' Claims
- Real Estate Matters
- Ethics and Advising the Fiduciary
- Income Tax Issues
- Closing the Estate
- Tricks of the Trade
Agenda
8:30 - 9:00 am
Registration and Continental Breakfast
9:00 - 9:10 am
Welcome and Introduction
Extended by Michelle Mieras, Program Chair and Moderator
9:10 - 10:00 am
Introduction to Estate Administration
This session will provide an overview of the administration process for both probate and trust estates, emphasizing: formal and informal opening of the estate; distinguishing between probate and nonprobate assets; notice; the inventory; and use of checklists. Relevant JDF forms will be reviewed.
Presented by Mark D. Masters
10:00 - 10:40 am
Initial Client Interview and Opening an Estate
This nuts and bolts session will discuss: interviewing the client and the decedent's family to obtain the information to open and process an estate; the roles of the client, attorney and paralegal; resources available to the grieving family; and identifying family conflict.
Presented by Patrick M. Plank
10:40 - 10:50 am
Networking Break
10:50 - 11:20 am
Real Estate Matters
A survey of real estate issues you might encounter in estate administration cases, including: how to complete the personal representative's deed; titling problems; and conveyances to and from a trust.
Presented by Bruce E. Deacon
11:20 am - 11:50 pm
Creditors' Claims
This session will walk you through the creditor claim process, including: presentation of claims; Notice and response deadlines; who should get actual notice; disallowing claims; payment of claims in insolvent estates; and Medicaid estate recovery.
Presented by Melissa R. Schwartz
11:50 - 1:00 pm
Lunch Break (on Your Own)
1:00 - 1:40 pm
Rights of Surviving Spouse and Family
A review of: the augmented estate and elective share rights of the surviving spouse; the statutes governing a pretermitted spouse or child; and the exempt property and family allowances.
Presented by Michelle R. Mieras
1:40 - 2:30 pm
Ethics and Advising the Fiduciary
This session will cover: how to counsel the fiduciary through the administration process; conflicts of interest and identifying the client; and fiduciary vs. beneficiary representation.
Presented by Teresa C. Baird
2:30 - 3:10 pm
Introduction to Income Tax Issues
A review of: basis issues of probate and nonprobate assets; obtaining a taxpayer ID number for the estate or trust; the decedent's final income tax return; and fiduciary income tax return.
Presented by Kristen L. Sweat
3:10 - 3:20 pm
Networking Break
3:20 - 3:50 pm
Closing the Estate
An overview of the process of completing probate or trust administration, including: required filings; preparing interim and final accountings and other required filings; alternatives in closing and distribution; notice requirements; and distributions to minors and incapacitated persons. Relevant JDF forms will be reviewed.
Presented by M. Kent Olsen
3:50 - 4:20 pm
Tricks of the Trade
Practical tips in estate administration.
Presented by Robert L. Steenrod Jr.
4:20 - 4:30 pm
Q&A Panel
Members of the Faculty
4:30 pm
Adjourn
Faculty
Program Chair and Moderator
Michelle R. Mieras, Esq.
Donelson Ciancio & Goodwin, PC
Broomfield, CO
Broomfield, CO
Faculty
Teresa C. Baird, Esq.
Fairfield and Woods, PC
Denver, CO 80203-4524
Bruce E. Deacon, Esq.
Norton, Smith & Keane, PC
Denver, CO
Mark D. Masters, Esq.
Horen, Lockwood & Masters, LLP
Englewood, CO
M. Kent Olsen, Esq.
Olsen & Traeger, LLP
Denver, CO
Olsen & Traeger, LLP
Denver, CO
Patrick M. Plank, Esq.
Patrick M. Plank, LLC
Littleton, CO
Melissa R. Schwartz, Esq.
Steenrod, Schwartz & McMinimee, LLP
Denver, CO
Robert L. Steenrod Jr., Esq.
Steenrod, Schwartz & McMinimee, LLP
Denver, CO
Kristen L. Sweat, Esq.
Baker & Hostetler, LLP
Denver, CO
Baker & Hostetler, LLP
Denver, CO
Video Replay: March 23, 2011
Denver: CLE Classroom, 1900 Grant Street, Suite 300
Grand Junction: 1250 East Sherwood Drive
Colorado Springs: 421 South Tejon Street, Suite 100
Location Information
CLECI Large Classroom
1900 Grant Street, Suite 300
Denver, CO 80203
Get directions
1900 Grant Street, Suite 300
Denver, CO 80203
Registration Fees
| Non member | $339.00 |
| CBA | $289.00 |
| TRUST | $259.00 |
| CBA | $259.00 |
| New Lawyer | $239.00 |
| $239.00 |
- General Credits: 7.00
- Ethics Credits: 1.00
- EDI Credits:
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