Agenda / Content Covered

1. Distinguishing Probate vs. Non-Probate Assets
   1:00 — 1:10, Kay Sowa
2. Determining the Spouse's Elective Share
   1:10 — 1:20, Adam Zimmerman
3. Assets Held Jointly or as Tenants in Common/TODs
   1:20 — 1:30, Kay Sowa
4. Beneficiary Designation Accounts
   1:30 — 1:40, Kay Sowa
   1. Life Insurance
   2. Retirement Accounts (401(K), IRAs) After the SECURE Act
   3. What Happens if the Beneficiary Dies Before the Grantor, and There's no Secondary Beneficiary?
   4. TOD/POD Accounts
5. Trusts in Estate Administration
   1:40 — 1:50, Adam Zimmerman
6. How Non-Probate Assets Can End up in Probate and What to do About it
   1:50 — 2:00, Kay Sowa
7. Valuation and Marketability Discounts
   2:00 — 2:10, Adam Zimmerman
8. Tax Consequences of Non-Probate Asset Transfers
   2:10 — 2:20, Adam Zimmerman
9. Coordinating Non-Probate Assets at Planning
   2:20 — 2:30, Kay Sowa

Accreditation Details:

Kay M Sowa is a paralegal with Capehart & Scatchard, P.A. in Mount Laurel, New Jersey. She concentrates in the areas of trust, estate, and taxation. She is designated by the Internal Revenue Service as an enrolled agent, by the National Association of Estate Planning Councils as an accredited estate planner and as a certified trust and financial advisor through the Institute of Certified Bankers. While the majority of her career has been focused on trust and estate administration, as well as taxation, Ms. Sowa also worked for a software company, where she gained experience in the use and development of various trust, estate and tax software applications as a software trainer. She has also been involved in estate litigation. Ms. Sowa is a frequent lecturer with the Institute for Paralegal Education and National Business Institute. She has also presented for the Federal Bar Association and was an adjunct professor at the Erie Business Institute, where she taught paralegal/legal secretarial classes. She is a member of Burlington County, New Jersey Bar Association. Ms. Sowa has also presented workshops in budgeting, credit reports, and personal finances. She is a member of the Estate and Financial Planning Council of Southern New Jersey, the National Association of Enrolled Agents, the National Association of Estate Planning Councils, the National Association of Estate Planners and Councils, and the Institute of Certified Bankers. She is a member of the District Ethics Committee for Burlington County, New Jersey as appointed by the New Jersey Supreme Court. Ms. Sowa earned her associate's degree from Bryan & Stratton Business Institute and her paralegal certificate at Penn State.

 

Adam C Zimmerman is an attorney with the law firm of PathFinder Law Group in Towson, Maryland. Mr. Zimmerman represents individuals and families in developing their estate plans of varying levels of complexity, supporting personal representatives in navigating the probate process, administering trusts, petitioning for guardianship, assisting with entity formation, and business transactions. He has a background in commercial real estate and commercial real estate finance. Mr. Zimmerman is a member of the Maryland State Bar Association. He earned his B.A. degree from the University of Wisconsin-Madison and his J.D. degree from the University of Baltimore School of Law.