OH Specific

Trusts, Estates & Probate

Ohio Probate and Trust Administration

Credits Available
Credit Status Total
Indiana CLE Approved 6.7 Total
Ohio CLE Approved 6.75 Total
Ohio Certified Paralegals Approved 6.75 Total
OnDemand
6 hours 35 minutes
Paul Shugar
Gregory Williams
Michael Menninger
Sam Thomas
With Paul R. Shugar from Reminger Co., L.P.A. + 3 others
Recorded March 19, 2025
Product ID 99809

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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 and debts.
  • Make sure everything is in order for the final distribution of the estate.
  • Review what issues need to be addressed concerning taxes in probate administration.
  • Get the latest information on taxation concerns associated with trusts.
  • Explore the different types of trusts and how they are used.
  • Learn ways to manage, sell and distribute property and assets in trust administration.
  • Gain a better understanding of the distinctions between trust fiduciary accounting and income tax accounting.

Abbreviated Agenda

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

Related Topics

Product ID 99809

Credit Details

Credits Available
Credit Status Total
Indiana CLE Approved 6.7 Total
Ohio CLE Approved 6.75 Total
Ohio Certified Paralegals Approved 6.75 Total
Select Jurisdiction
CLE
Paralegal

Agenda

All times are shown in

  1. Probate Process and Overview

    1. Review of the Probate Timeline
    2. Forms of Administration
    3. Deadlines to be Aware of
    4. Documents Used in the Probate Process
    5. Information Gathering
    6. Laws of Intestacy
    7. Initial Petition and Notices
    8. Sample Forms, Letters and Documents

  2. Assets, Creditor Claims and Debt Considerations

    1. Marshalling Probate and Non-Probate Assets: Key Procedures
    2. Properly Ensure ALL Debt is Located and Handled
    3. Required Public Notices to Creditors
    4. Priority and Payment Determinations for Claims
    5. Contested Claims and Prescribed Claims
    6. Appropriately Dealing with Creditors
    7. Insolvent Estates
    8. Sale of Assets to Satisfy Creditors

  3. Distributions, Final Accounting and Closing the Estate

    1. Documents Needed to Close the Estate
    2. Proper Transfer and Timing of Distributions - Probate and Non-Probate Assets
    3. Distributions in Kind
    4. Distribution to Minors, Surviving Spouse and Trusts
    5. Disposition of Unclaimed Assets
    6. Fees for Personal Representatives and Attorneys
    7. Annual Accounting Requirements and Format
    8. Final Accounting Checklist
    9. Estate Closing Procedures

  4. Tax Issues in Probate Administration

    1. State and Federal Tax Considerations
    2. Tax Deadlines and Extensions
    3. Essential Tax Forms and Returns
    4. Deductions and Exemptions
    5. Income Tax and Basis Adjustment for Decedent's Assets
    6. Real Property Tax Considerations

  5. Trust Taxation Issues

    1. Tax Returns: Annual and Final
    2. Tax Consequences of Trustee's Actions
    3. Real Property Taxes
    4. Income Taxation
    5. Estate and Generation-Skipping Transfer Taxes
    6. Tax Consequences of Paying Retirement Benefits to Trusts
    7. Tax Basis in the Assets

  6. What You Need to Know About Trusts

    1. Types of Trusts and Their Purpose
    2. Jurisdiction
    3. Duties and Powers of the Trustee
    4. Valuation of Assets
    5. Funding a Trust
    6. Communication with Beneficiaries
    7. Amending and Modifying the Trust
    8. Trust Administration Checklist
    9. Sample Forms and Documents

  7. Accounting/Distributions in Trust Administration

    1. Notices of Proposed Actions
    2. Uniform Principal and Income Act
    3. Trust Provisions Concerning Distributions
    4. Managing, Selling and Distributing Property and Assets
    5. Investing Assets
    6. Distinctions Between Trust Fiduciary Accounting and Income Tax Accounting
    7. Determining Trustee Fees
    8. Communication with Creditors
    9. Distribution to Beneficiaries
    10. Trust Termination

  8. 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 online 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

Paul R Shugar
Paul R.
Shugar
Reminger Co., L.P.A.
Gregory L Williams
Gregory L.
Williams
Kohrman Jackson & Krantz LLP
Michael J Menninger
Michael J.
Menninger
Houck Menninger Law, LLC
Sam Thomas III
Sam
Thomas, III
Sam Thomas III Esquire & Associates
Speaker bio
Paul R Shugar

Paul R. Shugar

Reminger Co., L.P.A.
Paul Shugar

is an attorney with Reminger Co., L.P.A. He is a member of Reminger's Probate Litigation Department and has trial experience litigating million-dollar estate, trust and guardianship issues such as undue influence, power of attorney abuse, and financial exploitation. An award-winning journalist who worked at daily newspapers around the country before becoming a lawyer, Mr. Shugar employs the writing and investigation skills he developed as a reporter to help people in a legal setting. He is a member of the Ohio State Bar Association and an officer for the Cleveland Metropolitan Bar Association's Estate Planning, Probate and Trust Law Section. Mr. Shugar earned his B.A. degree from Ohio University E.W. Scripps School of Journalism and his J.D. degree, cum laude, from Cleveland-Marshall College of Law.

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Speaker bio
Gregory L Williams

Gregory L. Williams

Kohrman Jackson & Krantz LLP
Gregory Williams

is a partner at Kohrman Jackson & Krantz LLP. He is an esteemed attorney within KJK's Estate, Wealth & Succession Planning group and has extensive experience and comprehensive skillsets across various legal practice areas. With a focus in estate planning, probate, trust and estate administration, guardianship, and elder law, Mr. Williams excels in tailoring personalized strategies that cater to his clients' unique requirements. He earned his B.A. degree from The University of Akron and his J.D. degree from The Moritz College of Law at The Ohio State University. Mr. Williams is a member of the Ohio African American Chamber of Commerce and is admitted to practice law in Ohio, as well as before the U.S. District Court, Northern District of Ohio.

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Speaker bio
Michael J Menninger

Michael J. Menninger

Houck Menninger Law, LLC
Michael Menninger

is an attorney/owner at Houck Menninger Law, LLC, licensed in Ohio, Indiana, and Kentucky. He is an Certified Specialist in Estate Planning, Trust and Probate law by the Ohio State Bar Association. Mike has nearly 20 years of practice experience, with more than decade focused exclusively on estate planning and related disciplines. He helps families implement simple and complex estate planning strategies, advising on tax and asset protection considerations. He also works with clients planning for special needs and planning for same-sex couples. Mike has served as faculty for the OSBA, Wealth Counsel State Forums, the National Business Institute, and Strafford Publications, among other organizations, teaching on a variety of subjects, including basic estate planning, trust and estate taxation, IRA planning, and irrevocable trust modification. Outside of his professional life, Mike is married and has 4 kids. He serves on the Board of Directors for Charlie's Kids, Inc., a non-profit organization which advocates SIDS awareness and safe-sleep practices. He's also an FC Cincinnati season ticket member.

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Speaker bio
Sam Thomas III

Sam Thomas, III

Sam Thomas III Esquire & Associates
Sam Thomas

is an attorney with Sam Thomas III Esquire & Associates. He has practiced for 28 years in the areas of probate, foreclosure prevention, tax resolution, and debt relief. Currently, Mr. Thomas's practice focuses on estate planning. He earned his B.A. degree from Cleveland State University, his M.S. degree from Indiana University and his J.D. degree from Cleveland Marshall College of Law.

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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.
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The OnDemand Video will be available to stream within 14 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.
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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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