NY Specific

Trusts, Estates & Probate

Live Online

Advanced Estate Administration: A New York Guide

Credits Available
Credit Status Total
New Jersey CLE Approved 7.2 Total
New York CLE Approved 7 Total
Pennsylvania CLE Approved 6 Total
New York CPE for Accountants Approved 7 Total
CPE for Accountants/NASBA Approved 7 Total
Live Online
6 hours
Samuel Brady
Bridget Kelly
Matthew Rappaport
Michael Brockbank
Ian MacDonald
With Samuel J. Brady from Falcon Rappaport & Berkman LLP + 5 others

Wed, Aug 26, 00:00 AM – 00:00 PM

Product ID 102113

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$389

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Overview

A Practical Look at the Complexities of the Practice

Get right to the heart of the complex and diverse problems that make up the estate administration process. Get expert guidance on tough inventory issues, trust administration, taxes, final account discrepancies, and more. Enhance your mastery of estate administration - register today!

  • Clear the gray areas when sorting through probate and non-probate assets.
  • Review difficult scenarios in administering estates that include trusts.
  • Guard the estate against unverified creditor claims and make certain all the qualified debts are paid in full.
  • Ensure tax reporting for the estate and the decedent is beyond reproach.

Abbreviated Agenda

  1. Procedural Hurdles
  2. Handling Complex Assets
  3. Trusts in Estate Administration
  4. Creditor Claims, Liens, Sale of Assets, Insolvency
  5. Advanced Tax (and Related) Issues
  6. Complex Distributions, Final Accounting, and Estate Closing
  7. Beneficiary Disputes, Will and Trust Contests, Probate Litigation
  8. Legal Ethics in Estate Administration

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Product ID 102113

Credit Details

Credits Available
Credit Status Total
New Jersey CLE Approved 7.2 Total
New York CLE Approved 7 Total
Pennsylvania CLE Approved 6 Total
New York CPE for Accountants Approved 7 Total
CPE for Accountants/NASBA Approved 7 Total
Select Jurisdiction
CLE
Other

Agenda

All times are shown in
  1. Procedural Hurdles

    1. Choice of Administration, Timeline Overview, and Local Procedure Update
    2. Petitions Best Practices
    3. Commonly Overlooked Sources and Documents
    4. Out-of-State and International Property, Beneficiaries, and Creditors
    5. Multi-Generational Issues
  2. Handling Complex Assets

    1. Probate vs. Non-Probate Assets
    2. Spousal Claims
    3. Estate Inventory Problems
    4. Family Business and Third-Party Interests
    5. IRAs in Estate Administration
    6. Asset Valuation
    7. Access to Digital Assets
    8. Mineral Rights, Art, Antiques, IP Rights, and Other Unique Assets
    9. Assets Improperly Transferred Prior to Death
  3. Trusts in Estate Administration

  4. Creditor Claims, Liens, Sale of Assets, Insolvency

  5. Advanced Tax (and Related) Issues

    1. Tax Law Update; Tax Forms, Deadlines, and Extensions
    2. Tax Basis Reporting
    3. Recording Income, Loss
    4. Allowable Expenses and Gray Areas
    5. Tax Liens, Audits, Disputes
    6. Taxation of Digital Assets and Virtual Currency
    7. Charitable Bequests
  6. Complex Distributions, Final Accounting, and Estate Closing

  7. Beneficiary Disputes, Will and Trust Contests, Probate Litigation

  8. Legal Ethics in Estate Administration

    1. Who is Your Client?
    2. Conflicts of Interest
    3. Attorney Fees and Scope of Representation
    4. Guarding Confidentiality
    5. Breach of Fiduciary Responsibility: Counsel Obligations and Liability

Who Should Attend

This advanced level online seminar is designed for:

  • Attorneys
  • Accountants and CPAs
  • Tax Professionals
  • Fiduciaries
  • Trustees
  • Enrolled Agents
  • Investment Advisors
  • Paralegals

Speakers

Samuel J Brady
Samuel J.
Brady
Falcon Rappaport & Berkman LLP
Bridget M Kelly
Bridget M.
Kelly
Falcon Rappaport & Berkman LLP
Matthew E Rappaport
Matthew E.
Rappaport
Falcon Rappaport & Berkman LLP
Michael T Brockbank
Michael T.
Brockbank
Brockbank Law Office
Ian S MacDonald
Ian S.
MacDonald
Mackey Catania & Whalen LLP
BB
Brendan H.
Buschman
Verrill Dana LLP
Speaker bio
Samuel J Brady

Samuel J. Brady

Falcon Rappaport & Berkman LLP
Samuel Brady

is an associate with Falcon Rappaport & Berkman LLP's taxation group. He focuses his practice on taxation as it relates to real estate, Section 1031 and 1033 exchanges, quality opportunity zone investments, qualified real estate professional issues, and corporate and partnership reorganizations. Mr. Brady's tax controversy practice includes representing clients before the Internal Revenue Service, New York State Department of Taxation and Finance, New York City Department of Finance, and North Carolina Department of Revenue. While in law school, he participated in the Charlotte Center for Legal Advocacy Low-Income Taxpayer Clinic, where he assisted in the representation of clients before the North Carolina Department of Revenue and the IRS. Mr. Brady was also the symposium editor of the Wake Forest University School of Law Journal of Law & Policy.

Speaker bio
Bridget M Kelly

Bridget M. Kelly

Falcon Rappaport & Berkman LLP
Bridget Kelly

is an attorney at Falcon Rappaport & Berkman LLP, where she currently devotes her full attention to the firm's estate litigation practice group. She assists the estate litigation practice group with all aspects of Surrogate's Court matters, including but not limited to document drafting, court appearances, discovery production and review, settlement conferences or mediation sessions, motion paper drafting, and examinations. Ms. Kelly earned her Bachelor of Finance degree at the University of Notre Dame and her J.D. degree from Maurice A. Deane School of Law at Hofstra University. She is admitted to practice law in New York.

Speaker bio
Matthew E Rappaport

Matthew E. Rappaport

Falcon Rappaport & Berkman LLP
Matthew Rappaport

chairs Falcon Rappaport & Berkman LLP's taxation and private client groups. He concentrates his practice in taxation as it relates to real estate, closely held businesses, private equity funds, family offices, and trusts and estates. Mr. Rappaport advises clients regarding tax planning, structuring and compliance for commercial real estate projects, all stages of the business life cycle, generational wealth transfer, family business succession, and executive compensation. He also collaborates with other attorneys, accountants, financial advisors, bankers, and insurance professionals when they encounter matters requiring a threshold level of tax law expertise. Mr. Rappaport earned his J.D. degree and his Master of Laws in taxation from Georgetown University Law Center. He is a member and admitted to practice in the state of New York and the U.S. Tax Court.

Speaker bio
Michael T Brockbank

Michael T. Brockbank

Brockbank Law Office
Michael Brockbank

is a sole practitioner in Schenectady, New York, where his practice is concentrated in the areas of wills, trusts and estates. He is the former chief clerk of Schenectady County Surrogate's Court, and former president of the NYS Surrogate Court Chief Clerk's Association. Mr. Brockbank is a former adjunct professor for the State University of New York-Albany. He earned his B.A. degree from Cornell University and his J.D. degree from the Albany Law School of Union University. Mr. Brockbank is a member of the New York State and Schenectady County bar associations.

Speaker bio
Ian S MacDonald

Ian S. MacDonald

Mackey Catania & Whalen LLP
Ian MacDonald

is a partner with Mackey Catania & Whalen LLP, where he practices in the areas of municipal law, litigation, elder law, trusts and estates, tax certiorari, and real estate. He is admitted to practice before the U.S. District Court for the Northern District of New York and the U.S. Supreme Court. Mr. MacDonald is a member of the Dutchess County, New York State and American bar associations. He earned his B.A. degree, magna cum laude, from Iona College and his J.D. degree from Albany Law School of Union University.

Speaker bio
BB

Brendan H. Buschman

Verrill Dana LLP
Brendan Buschman

is a partner at Verrill Dana LLP. He focuses his practice on estate planning, estate and trust administration, and tax planning. Mr. Buschman also advises fiduciaries and individuals on all aspects of trust and estate administration and limiting tax exposure, including the preparation of sophisticated estate tax returns, gift tax returns, and fiduciary and individual income tax returns. He received his B.A. degree from City University of New York/Hunter College, his MAT from Manhattanville College and his J.D. degree from Brooklyn Law School. Mr. Buschman is a member of the Estate Planning Council of Fairfield County, CT; Fairfield County Bar Association; Connecticut Bar Association; Westchester County Bar Association; and New York State Bar Association. He is admitted to practice law in Connecticut, New York, and Florida.

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