Estate Administration Basic Skills 2015 Out of Stock
Co-sponsored by the Trust and Estate Section of the Colorado Bar Association
Quantity
February 2015
Estate Administration Basic Skills 2015
Co-sponsored by the Trust and Estate Section of the Colorado Bar Association
Program Highlights:
- Initial Client Interview and Opening an Estate
- Introduction to JDF Forms
- Rights of Surviving Spouse and Family
- Income Tax Issues
- Real Estate Matters
- Ethics and Advising the Fiduciary
- Creditors' Claims
- Closing the Estate
- Tricks of the Trade
Program Description:
Estate administration is a process with many details and deadlines. Therefore, it is vital to your practice to have an organized plan from the time the estate is opened until it is closed. This program provides an overview of the essential steps in areas such as tax, creditors' claims, real estate matters, and much more.
Agenda:
8:30 - 9:00 am
Registration and Continental Breakfast
9:00 - 9:10 am
Welcome and Introduction
Extended by Jamie J. Roth, Esq., Moderator
9:10 - 9:45 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, Esq.
9:45 - 10:15am
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, Esq.
10:15 - 10:25am
Networking Break
10:25 - 10:55am
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 Jamie J. Roth, Esq.
10:55am - 11:50pm
Introduction to JDF Forms
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, Esq.
11:50 - 1:00pm
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 Clara Brown Shaffer, Esq.
1:40 - 2:30pm
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 Letitia M. Maxfield, Esq.
2:30 - 3:10pm
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, Esq.
3:10 - 3:20pm
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, Esq.
3:50 - 4:20 pm
Tricks of the Trade
Practical Tips in Estate Administration.
Presented by Melissa R. Schwartz, Esq.
4:20 pm
Adjourn
- CLE Pass Price *FREE! - exclusions may apply
- Standard Price $349.00 USD
- Member Price $299.00 USD
- General Credits 7.00
- Ethics Credits 1.00
- EDI Credits