New York Estate Administration From Start to Finish
Credits Available
| Credit | Status | Total | Until |
|---|---|---|---|
| New York CLE |
|
8 Total | 12-16-2027 |
| Pennsylvania CLE |
|
6.5 Total | 12-16-2026 |
Buy This Course
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Overview
A Comprehensive Step-By-Step Guide to Estate Administration
Whether you're new to estate administration or need a basic refresher, this course will provide you with a comprehensive overview of estate administration, including proper asset valuation and distribution, taxation, and account closing procedures. You'll also learn how to correctly deal with thorny estate administration debt issues, including jointly held assets, business ownership and complex tax issues. Equip yourself with real-life, practical knowledge to ensure you are fully prepared to handle the entire estate administration process from start to finish - register today!
- Learn how to meet every deadline, follow procedures, and complete essential forms.
- Identify key estate administration pitfalls you need to avoid.
- Come away with helpful forms, sample documents, and checklists to assist in the process.
- Acquire strategies to ensure you can help your clients through every step of the probate process.
- Manage your client's entire estate administration procedures properly and effectively.
- Learn how to tackle complex estate administration issues such as tax issues, jointly held assets, and will contests.
- Understand how to properly transfer and distribute assets.
- Explore proper procedures and processes when dealing with insurance claims and debt during estate administration.
- Gain a better understanding of the probate court's procedures so that you can avoid common pitfalls and mistakes.
- Get the latest information on allowances and elections against the will.
- Identify how to properly distribute assets to minors, surviving spouses and trusts.
Abbreviated Agenda
- Commencement of Proceedings and Information Gathering
- Initial Steps to the Estate Administration Process
- Marshalling Assets
- Handling Creditor Claims and Debt
- Complex Issues in Estate Administration
- Handling Estate Administration Tax Issues
- Distribution and Closing of the Estate
- Ethics and Estate Administration
Credit Details
Credits Available
| Credit | Status | Total | Until |
|---|---|---|---|
| New York CLE |
|
8 Total | 12-16-2027 |
| Pennsylvania CLE |
|
6.5 Total | 12-16-2026 |
Select Jurisdiction
CLE
Agenda
-
Commencement of Proceedings and Information Gathering
- Appointment of Estate Administration
- Formal vs. Informal Proceedings
- Sample Letters of Authority
- First Meeting With Family or Designated Personal Representative and Determination of Heirs
- Written Fee Agreements
- Tips to Locate Information Quickly Using Online and Government Resources
- Dealing with Multiple States
- Appointment of Estate Administration
-
Initial Steps to the Estate Administration Process
- Understanding the Laws of Intestacy
- Sample Estate Administration Checklists, Forms and Required Notices Needed
- Interpreting Provisions and Terms of Art Found in Wills
- Using Disclaimers Correctly
-
Marshalling Assets
- Procedures to Locating and Marshalling Probate and Non-Probate Assets
- Safe Deposit Boxes and Bank Accounts
- Real Estate
- Brokerage Accounts, 401Ks, IRAs, Pensions and Life Insurance Policies
- Sample Forms and Documents Needed
- Appraisers and Valuing the Property of Probate Estates
- Procedures to Locating and Marshalling Probate and Non-Probate Assets
-
Handling Creditor Claims and Debt
- Sample Forms and Required Notices Needed
- Priority and Payment of Claims
- Late Claims and Contested Claims
- Steps to Ensure all Debt is Located and Handled Correctly
- What if the Assets Don't Cover the Bills?
- Bankruptcy and Foreclosure
- Selling of Assets and Properly Dealing with Creditors
-
Complex Issues in Estate Administration
- Jointly Held Assets
- Spousal Claims
- Allowances and Elections Against the Will
- Handling Unmarried Couples and Stepchildren
- Will Contests, Trust and Estate Disputes
- Business Ownership
- Agency Problems Involving Guardianships, Conservatorships, Powers of Attorney or Other Agency Relationships
-
Handling Estate Administration Tax Issues
- Examples of Forms Needed
- Federal and State Estate Tax Considerations
- Income Tax Issues for the Estate and the Heirs
- Resolving Disputes With Taxing Authorities
- Deductions and Exemptions
- How the Generation-Skipping Transfer Tax Affects Your Clients
- Tax Deadlines and Handling Extensions
- Sales of Real Property
-
Distribution and Closing of the Estate
- Sample Forms, Agreements and Documents Needed
- Proper Transferring and Distribution of Probate and Non-Probate Assets and Timing of Distributions
- Real Estate
- 401Ks, IRAs, Pensions and Life Insurance Policies
- Distribution of Miscellaneous Assets (Automobiles, Jewelry, Etc.)
- Distributions in Kind
- Distribution to Minors, Surviving Spouse and Trusts
- Disposition of Unclaimed Assets
- Proper Settlement of the Estate
- Formal and Informal Estate Accountings
- Choosing the Appropriate Closing Procedure
- Compensation and Discharge of the Personal Representative
-
Ethics and Estate Administration
- Breach of Fiduciary Responsibility
- Avoiding Conflicts of Interest
- Attorney-Client Privilege
- Fee Agreements
Who Should Attend
This basic level online seminar is designed for professionals who want to be more effective in the estate administration process, such as:
- Attorneys
- CPAs and Accountants
- Paralegals
- Wealth Managers
- Tax Professionals
- Trust Officers
Speakers
Speaker bio
Gregory L. Matalon
is a partner with Capell Barnett Matalon & Schoenfeld LLP, where he practices in the areas of estate planning, estate administration, elder law, and not-for-profit and religious corporations law. Mr. Matalon also represents executors and trustees to navigate the complex federal and state laws impacting estates and trusts. He earned his B.A. degree from Skidmore College and his J.D. degree from Hofstra University School of Law.
Speaker bio
Robert S. Barnett
is a founding partner in the law firm of Capell Barnett Matalon & Schoenfeld, LLP, where he practices is the areas of taxation, trusts, estates, corporate and partnership law, and charitable planning. His experience includes Surrogate's Court practice, tax dispute resolution in both federal and state jurisdictions, and tax court representation. Mr. Barnett serves on the Nassau County Bar Association's Academy of Law and is co-chair of the Tax Committee. He is the vice president and an executive board member of the Nassau Chapter of the New York State Society of CPAs. Mr. Barnett earned his B.S. degree, magna cum laude, from Hofstra University and his J.D. degree, cum laude, from the Fordham University School of Law.
Speaker bio
Stephen R. Silverstein
is Senior Counsel with Tiveron Law PLLC. He has concentrated his practice in the areas of estates and elder law for more than 30 years. Mr. Silverstein is a former bank trust officer, where he handled administration of estates, trusts, and employee benefit plans. He is a member of the New York State, Erie County and Niagara County bar associations. Mr. Silverstein earned his B.A. degree, cum laude, from the University of Rochester and his J.D. degree from the State University of New York at Buffalo School of Law.
Speaker bio
James D. Reddy
is a sole practitioner in Lindenhurst, New York (Suffolk County), where his main areas of practice are trusts and estates, real property, and family law, mostly in the litigation area, both at the trial level and appellate level. Mr. Reddy has litigated numerous deed contests, will contests, trust litigations, divorces, child custody disputes, and other related matters over the past two decades. He has presented many seminars for National Business Institute in the areas of estate planning, and recently presented an National Business Institute seminar on complex custody and support issues. Mr. Reddy earned his B.S.B.A. degree from Georgetown University and his J.D. degree, cum laude, from St. John's University School of Law.
Speaker bio
Jordan Kanzer
is an attorney with the law firm of Capell Barnett Matalon & Schoenfeld LLP. He practices in the areas of estate planning and estate administration. Mr. Kanzer assists individuals in designing and implementing estate plans focused on family goals, with an eye toward wealth preservation. He drafts Last Wills and Testaments employing sophisticated estate tax strategies, Living Wills, Health Care Proxies, Powers of Attorneys, and revocable and irrevocable trusts, including Spousal Lifetime Access Trusts (SLATs), Grantor Retained Annuity Trusts (GRATs), and Irrevocable Life Insurance Trusts (ILITs). Mr. Kanzer also guides executors and trustees through the estate/trust administration process, including providing complete probate administration services and preparing Federal and New York State estate tax returns. He earned his B.A. degree from the University of Maryland and his J.D. degree from City University of New York School of Law. Mr. Kanzer is a member of the New York County Lawyer's Association and is licensed to practice law in the state of New York.
Speaker bio
Erik Olson
is a partner with the law firm of Capell Barnett Matalon & Schoenfeld LLP. He practices in the areas of estate planning, estate administration, taxation, corporate and partnership law. Mr. Olson assists individuals and families by preparing Last Wills and Testaments, trusts, living wills and health care proxies, and durable powers of attorney documents. He also assists clients in developing efficient estate, gift and generation-skipping transfer tax strategies and techniques. Mr. Olson also assists clients in business formation and structuring and advises clients in financial transactions from a tax and business perspective, including business sales, purchases and reorganizations, and preparing various business agreements, including buy-sell agreements, shareholder, partnership and operating agreements. He has written articles for various publications, including WealthCounsel, New York Law Journal, and Journal of the Nassau County Bar Association. Mr. Olson earned his B.A. degree from Boston College and his J.D. degree from Loyola Law School in Los Angeles. He is currently completing his LL.M. degree in taxation at New York University School of Law.
Speaker bio
Damianos Markou
is an attorney with Capell Barnett Matalon & Schoenfeld, LLP where he practices trusts and estates law, concentrating his practice in trust and estates litigation proceedings in the New York State Surrogate's Courts. Mr. Markou has extensive experience and has successfully represented individual and corporate clients in a variety of Surrogate's Court proceedings including Will contests, contested accountings, discovery proceedings, reverse discovery proceedings, construction proceedings, right of election proceedings, guardianships, administration proceedings and other miscellaneous Surrogate's Court proceedings. He has represented individual and corporate clients in the administration of estates and trusts and has successfully represented and defended clients' estate tax filings before the Internal Revenue Service and the New York State Commissioner of Taxation and Finance. Mr. Markou is also involved in estate planning and the drafting of wills and trusts for his clients. While in law school, he enrolled in a summer law program in Moscow State University, in Moscow, Russia where he studied the Russian legal system in transition and the Russian language. After law school, Mr. Markou began his career as an attorney with a firm who had acted as counsel to the Public Administrator of Queens County, New York representing clients in all aspects of complex Surrogate's Court proceedings.
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