Post-Death Administration of Trusts & Estates – Online On-Demand Sessions

Get tips for efficiently and effectively wrapping up post-death administration. Distributions, funding and more will be demystified. Originally presented as part of the Post-Death Administration of Trusts & Estates.

Understand the post-death administration of transfer-on-death assets, life insurance, retirement plan assets, and JTWROS assets with a focus on situations complicating the administration and transfer of these assets. Originally presented as part of the Post-Death Administration of Trusts & Estates.

Real property, closely-held business interests and the evolving class of “special assets” often involve unique post-death administration issues. For example, statutory and common-law property laws governing real property may result in unintended ownership rights after death. In addition, the transfer of closely-held business interests down a family line challenge family members to address legal and operations concerns related to ownership and control of what is often the “bread winning” element of a family’s wealth. Lastly, ownership issues related to special assets (such as cryptocurrency and other digital assets) continue to emerge as decedents’ estates become the recipients of these assets. This presentation will explore the unique nature of each of these asset classes, the challenges related to the transfer of ownership of these assets at death, and best practices in administering these assets postdeath. Originally presented as part of the Post-Death Administration of Trusts & Estates.

Antiques, art, jewelry, and other family heirlooms are often the source of the most anxiety and carry the greatest potential for conflict following a death in the family. In many cases, the financial value of the “stuff” is modest relative to other assets that comprise a typical estate or trust. Mitigating the risks of fights over stuff also goes beyond the standard language that is often written into estate plan documents to dispose of tangible personal property at death. This presentation will examine a few of the ways in which planners can help their clients reduce the risk of destructive and costly fights over stuff long before their clients actually die. Originally presented as part of the Post-Death Administration of Trusts & Estates.