Description
Learn to properly oversee the administration of a trust or estate while marshalling and distributing assets.
Learn how to best avoid liability and properly oversee the administration of an estate or trust. Properly marshalling, collecting, and distributing assets involves many considerations and focus for effective estate and trust administration. Attention to different asset classes, due diligence and understanding the underlying documents is essential.
Date: 2020-09-21 Start Time: 1:00 PM ET End Time: 2:30 PM ET
Learning Objectives
* You will be able to describe what should be included as part of an estatestrusts assets.
* You will be able to discuss fiduciary due diligence and where to look for information regarding a decedents assets (tax returns, documents, decedents mail, etc.).
* You will be able to explain the process involved in marshalling assets, from collection of assets and obtaining valuations to settling debts, final distributions and filing an estate inventory with the court, if required.
* You will be able to identify potential complications involved in marshalling assets and how to identify probate vs. nonprobate assets.