Live In-Person

NE Specific

Trusts, Estates & Probate

Live In-Person

Nebraska Probate and Trust Administration

Credits Available
Credit Status Total
Iowa CLE Approved 5 Total
Nebraska CLE Approved 5 Total
CPE for Accountants/NASBA Approved 6 Total
Omaha, NE
5 hours
Jeffrey Jensen
Jared Olson
Sara Pernicek
William Seidler
With Jeffrey Jensen from Tax & Business Consultants + 3 others

Tue, Dec 08, 00:00 AM – 00:00 PM

Product ID 102530

Register For Course

Course Includes
$399

Live In-Person Seminar Registration

Course Book Download

OnDemand content will be available within 7 days of event date.

Overview

Creditor Claims, Distributions, Tax Issues, and More!

Working through issues that arise through probate and trust administration can be daunting. Are you well-equipped with the tools you need to succeed? This insightful course will take you through steps in probate administration, including information on creditor and debt issues, tax, and more. You will also get valuable insight on trust administration, including the handling of accounting, distributions, and taxes. Don't miss this opportunity to hone your probate and trust administration skills - register today!

  • Take a closer look at the initial steps for filing the estate.
  • Discuss what needs to be done to handle creditor claims.
  • Make sure everything is in order for the final distribution of the estate.
  • Review what issues need to be addressed concerning taxes in probate and trust administration.
  • Learn ways to manage, sell, and distribute property and assets in trust administration.

Abbreviated Agenda

  1. Probate Process and Overview
  2. Estate Management and Creditor Claims
  3. What You Need to Know About Trusts and Trust Administration
  4. Tax Issues in Probate and Trust Administration
  5. Distributions, Final Accounting, and Closing the Estate
  6. Ethics and Estate Administration

The Location

Omaha, NE

Cambria Hotel Omaha Downtown
740 North 14th Street
Omaha, NE, 68102
See Location

Can't Attend Live?

Get the OnDemand Instead

Watch the recording of this event on your own schedule. We'll notify you when its ready.

Related Topics

Product ID 102530

Credit Details

Credits Available
Credit Status Total
Iowa CLE Approved 5 Total
Nebraska CLE Approved 5 Total
CPE for Accountants/NASBA Approved 6 Total
Select Jurisdiction
CLE
Other

Agenda

All times are shown in

  1. Probate Process and Overview

    1. Forms of Administration and Overall Timeline/Deadlines
    2. Laws of Intestacy
    3. Initial Petition and Notices
    4. Sample Forms, Letters, and Documents

  2. Estate Management and Creditor Claims

    1. Marshalling Probate and Non-Probate Assets: Key Procedures
    2. Creditor Claims: Required Public Notices, Allowing/Disallowing Claims
    3. Insolvent Estates
    4. Sale of Assets to Satisfy Creditors

  3. What You Need to Know About Trusts and Trust Administration

    1. Types of Trusts, Essential Provisions, and Their Function
    2. Duties and Powers of the Trustee
    3. Choice of Assets and Their Valuation
    4. Distributions and Notices of Proposed Actions
    5. Uniform Principal and Income Act
    6. Determining Trustee Fees
    7. Trust Modification and Termination
    8. Sample Forms and Documents

  4. Tax Issues in Probate and Trust Administration

    1. State and Federal Tax Considerations
    2. Essential Tax Forms, Deadlines, and Returns
    3. Deductions and Exemptions
    4. Income Tax and Tax Basis in Assets
    5. Real Property Tax Considerations
    6. Tax Consequences of Trustee's Actions

  5. Distributions, Final Accounting, and Closing the Estate

    1. Documents Needed to Close the Estate
    2. Distributions Decision-Making and Logistics
    3. Personal Representative and Attorney Compensation
    4. Final Accounting Checklist: Balancing the Account

  6. Ethics and Estate Administration

    1. Breach of Fiduciary Responsibility
    2. Avoiding Conflicts of Interest
    3. Confidentiality
    4. Fee Agreements

Who Should Attend

This intermediate level seminar is designed for professionals who want to be more effective in the probate and trust administration process, such as:

  • Attorneys
  • CPAs and Accountants
  • Tax Professionals
  • Financial Planners and Wealth Managers
  • Trust Officers
  • Paralegals

Speakers

Jeffrey Jensen
Jeffrey
Jensen
Tax & Business Consultants
Jared Olson
Jared
Olson
The Firm Advisors, LLC
Sara A Pernicek
Sara A.
Pernicek
Ellick Jones Law Firm
William E Seidler Jr.
William E.
Seidler, Jr.
Seidler & Seidler, P.C.
Speaker bio
Jeffrey Jensen

Jeffrey Jensen

Tax & Business Consultants
Jeffrey Jensen

is a senior tax associate with Tax & Business Consultants in Blair, Nebraska. He has over 25 years of experience handling estate tax and income tax issues for estates and trusts in Nebraska and Iowa. Mr. Jensen has helped many clients with estate tax planning using various planning options, including LLCs and trusts, along with helping those same families with the passing of the estate and trust owners with the processing of the various tax returns needed. He has also worked with many attorneys in Nebraska and Iowa to help their clients with estate and trust tax planning both pre and postmortem. 

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Speaker bio
Jared Olson

Jared Olson

The Firm Advisors, LLC
Jared Olson

is in-house counsel with The Firm Advisors, LLC. He collaborates with brokers and other team members to facilitate closings and support the firm's operations. Mr. Olson also serves as a sounding board, consultant, and intermediary between the parties and their respective attorneys when negotiating and ironing out the details of the deal and bringing everyone to the table for closing. He earned his bachelor's degree in psychology and communication, and his J.D. degree from the University of Nebraska College of Law in Lincoln, Nebraska.

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Speaker bio
Sara A Pernicek

Sara A. Pernicek

Ellick Jones Law Firm
Sara Pernicek

is an attorney at Ellick Jones Law Firm, where she is dedicated to representing individuals and families in a wide range of legal matters, including guardianships, personal injury litigation, estate planning, business transactions, contract disputes, and real estate. She brings a thoughtful and client-centered approach to her practice, drawing on her background in negotiation and dispute resolution to help clients navigate complex legal issues with confidence and clarity. Ms. Pernicek is admitted to practice in Nebraska and the U.S. District Court. She earned her B.A. degree in communications from Creighton University, her M.S. degree in negotiation and dispute resolution from Creighton University and her J.D. degree from the University of Nebraska-Lincoln. Ms. Pernicek is a 2024 graduate of the Heart of America Fellows Institute hosted by ACTEC.

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Speaker bio
William E Seidler Jr.

William E. Seidler, Jr.

Seidler & Seidler, P.C.
William Seidler

is a shareholder in the Omaha law firm of Seidler & Seidler, P.C., where he practices in the areas of conservatorship, guardianship, contested wills, estate litigation, contested trusts and estates, trust litigation and probate litigation. He a member of the Omaha, Nebraska State, and American bar associations. Mr. Seidler earned his B.A. degree at Drake University and his J.D. degree at Creighton University School of Law.

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In the unlikely event that NBI cancels or reschedules an upcoming program, each registered attendee will be contacted via email by a representative of NBI. Outreach to attendees begins as soon as NBI is made aware that a program will not move forward at its originally scheduled date and time.
Are multiple attendee discounts available?
Yes, the more people you bring from your organization, the more you save. After the first registration, each additional attendee receives a special discount off of their total tuition.
When will the OnDemand be available and how long will I have access to the content?
The OnDemand Video will be available to stream within 7 days of live broadcast date. You will have access to the content for 6 months in your account. If you’re a subscriber, you’ll have access to your course recordings until 7 days after the expiration date of the subscription.
What is included with my course purchase?
When you enroll prior to the live event date you will receive access to the live-streaming webinar which will allow you to interact with faculty in real-time. With each course, you will receive access to the content via OnDemand Streaming and the Video Download. Course reference materials are included with each course purchase in a downloadable PDF format.
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Can multiple people watch courses and request credit?
While only paid registrants can receive continuing education credit for attending, there are no limitations to the number of viewers at each connection.

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