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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
- Procedural Hurdles
- Handling Complex Assets
- Trusts in Estate Administration
- Creditor Claims, Liens, Sale of Assets, Insolvency
- Advanced Tax (and Related) Issues
- Complex Distributions, Final Accounting, and Estate Closing
- Beneficiary Disputes, Will and Trust Contests, Probate Litigation
- Legal Ethics in Estate Administration
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Watch the recording of this event on your own schedule. We'll notify you when its ready.
Credit Details
Credits Available
| Credit | Status | Total |
|---|---|---|
| New Jersey CLE |
|
7.2 Total |
| New York CLE |
|
7 Total |
| Pennsylvania CLE |
|
6 Total |
| New York CPE for Accountants |
|
7 Total |
| CPE for Accountants/NASBA |
|
7 Total |
Select Jurisdiction
CLE
Other
Agenda
-
Procedural Hurdles
- Choice of Administration, Timeline Overview, and Local Procedure Update
- Petitions Best Practices
- Commonly Overlooked Sources and Documents
- Out-of-State and International Property, Beneficiaries, and Creditors
- Multi-Generational Issues
-
Handling Complex Assets
- Probate vs. Non-Probate Assets
- Spousal Claims
- Estate Inventory Problems
- Family Business and Third-Party Interests
- IRAs in Estate Administration
- Asset Valuation
- Access to Digital Assets
- Mineral Rights, Art, Antiques, IP Rights, and Other Unique Assets
- Assets Improperly Transferred Prior to Death
-
Trusts in Estate Administration
-
Creditor Claims, Liens, Sale of Assets, Insolvency
-
Advanced Tax (and Related) Issues
- Tax Law Update; Tax Forms, Deadlines, and Extensions
- Tax Basis Reporting
- Recording Income, Loss
- Allowable Expenses and Gray Areas
- Tax Liens, Audits, Disputes
- Taxation of Digital Assets and Virtual Currency
- Charitable Bequests
-
Complex Distributions, Final Accounting, and Estate Closing
-
Beneficiary Disputes, Will and Trust Contests, Probate Litigation
-
Legal Ethics in Estate Administration
- Who is Your Client?
- Conflicts of Interest
- Attorney Fees and Scope of Representation
- Guarding Confidentiality
- 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
Speaker bio
Samuel J. 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
Matthew E. 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
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
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
Brendan H. 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.
Speaker bio
Karen C. Davakis
is senior counsel in Falcon Rappaport & Berkman LLP's Estate Litigation and Contested Accountings Practice group, specializing in complex trusts and estates litigation. She advises both proponents and objectants in contested probate, kinship, accounting, fiduciary removal, turnover, and related trusts and estates proceedings. Ms. Davakis also works alongside FRB's estate administration and estate planning attorneys to assist clients in mitigating the risk of future litigation. In addition to her litigation practice, she is regularly appointed by the court to serve as a guardian ad litem in Surrogate's Court matters, representing the interests of minors, individuals under a disability, and other parties who are unable to represent themselves. Ms. Davakis earned her B.S.B.A. degree from The Ohio State University, Fisher College of Business and her J.D. degree from Western Michigan University Thomas M. Cooley Law School. She is a member of the New York State Bar Association (Trust and Estates Section), New York City Bar Association, and Nassau County Bar Association (Trusts and Estates Section). Ms. Davakis is also an advisory board member of Forbes Advisor Legal. She is admitted to practice law in New York.
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