Washington Estate Administration From Start to Finish
Credits Available
| Credit | Status | Total | Until |
|---|---|---|---|
| Washington CLE |
|
6.75 Total | 03-10-2030 |
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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 Estate Administration Tax Issues
- Complex Issues in Estate Administration
- Handling Creditor Claims and Debt
- Distribution and Closing of the Estate
- Ethics and Estate Administration
Credit Details
Credits Available
| Credit | Status | Total | Until |
|---|---|---|---|
| Washington CLE |
|
6.75 Total | 03-10-2030 |
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 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
-
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 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
-
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
Beth A. McDaniel
is the principal of the Law Offices of Beth A. McDaniel, PLLC, and practices law in the in the areas of estate planning, special needs planning, guardianship, probate, elder law, and trust administration. She is a certified elder law attorney as accredited through the National Elder Law Foundation. Ms. McDaniel is also accredited through the Veterans Administration, which allows her to provide representation services to claimants before the Veterans Association. She is a member of the Washington Academy of Elder Law Attorneys and the Washington State and King County bar associations. Ms. McDaniel earned her B.A. degree from Seattle Pacific University and her J.D. degree from Pepperdine University.
Speaker bio
Jennifer Modak
is an attorney with the Law Office of Jennifer Modak PLLC, in Bothell, Washington. Ms. Modak practices exclusively in the field of real estate and estate planning. She earned her B.A. degree from Scripps College and her J.D. degree from Seattle University School of Law.
Speaker bio
Christian C. Pearson
is an attorney with the Iddins Law Group in Kent, Washington. His practice areas include personal injury, estate planning, and criminal defense. Ms. Pearson attended the University of Washington and Saint Martin's University, earning an undergraduate degree. He earned his J.D. degree from the Seattle University School of Law and is a member in good standing of the Washington State Bar Association.
Speaker bio
Sarah L. Moen
is an attorney with Moen Law Offices, P.S. where she focuses her practice on fiduciary administrations and related litigation. She often receives appointments from the Court to serve as a fiduciary in probate, conservatorship, and trust proceedings. Ms. Moen received her B.A. degree from the University of Washington, her J.D. from Whittier College School of Law, and her LL.M. (Taxation) from Villanova University School of Law. She is admitted to practice before the U.S. Tax Court, the Ninth Circuit Court of Appeals, and the U.S. District Court for the Western District of Washington. She previously served as the KCBA Guardianship and Elder Law Section's Chair, Seattle Vice-Chair, Treasurer, and Chair-Elect. She is currently a member of the WSBA Client Protection Board and previously served on the WSBA Continuing Legal Education Committee from 2016 to 2019. Since 2018, Ms. Moen has served as a pro tempore Court Commissioner for the King County Superior Court. Ms. Moen has spoken at over two dozen CLE seminars and has authored several articles and publications on various fiduciary topics.
Speaker bio
Amber K. Quintal
is a member of Ogden Murphy Wallace P.L.L.C. She is in the firm's business department and tax practice group. Ms. Quintal's practice includes federal, state and local taxation; general business for public and private sector clients; and estate planning for high-net-worth individuals, professionals and business owners. Her practice encompasses tax efficient planning for individuals and businesses throughout the entire business lifecycle, defending taxpayers before both the IRS and the Washington Department of Revenue in audits and administrative appeals, wealth transfer planning for high-net-worth individuals and business owners, and tax-exempt organization advice and planning. Ms. Quintal's clients include high-net-worth individuals; business owners; professionals and key employees; closely held corporations, partnerships and limited liability companies; municipalities; and tax-exempt entities including hospitals, schools, other public charities and private foundations. Since 2014, she has also taught federal tax research and writing as a part-time lecturer for the University of Washington School of Law Graduate Tax Program (LL.M.), and Federal Tax Research and Decision Making for the Golden Gate University Masters in the Taxation Program. Ms Quintal is a member of the Washington State and American bar associations, and the Estate Planning Council of Seattle. She earned her B.A. degree the University of Washington, her J.D. and M.B.A. degrees concurrently from the University of Washington School of Law and the University of Washington Foster Business School, and her LL.M. degree, in taxation, also from the University of Washington School of Law.
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