Prevent Mistakes in the Estate's Final "Report Card" and Closing Steps
The final accounting is the ultimate record of the executor's work administering the estate. Until it is balanced, the estate cannot be closed. This summary walks you through the essential elements of the final accounting and tax returns and outlines the key steps of the estate closing. Get the rundown on the process - register today!
Walk through an estate closing checklist, task by task.
Find out what must be included in the final accounting.
Review the essential tax forms used in estate administration.
Learn how to obtain beneficiary consent for disbursements.
Estate Closing Process and Tasks Step by Step
Key Elements of the Final Accounting
Final Tax Returns: Forms, Procedures, Issues
Obtaining Beneficiary Consent
Personal Representative Compensation and Discharge
Kimberly S. Foulk is an attorney with Cressman Erde Ferguson where she focuses on Medicaid planning, elder law, estate planning, and special needs planning. She has extensive experience working with elder law and estate planning clients during her legal career, acting as primary estate planning paralegal at Cressman Erde Ferguson prior to joining as an attorney in 2020. She earned her B.S. degree, magna cum laude from Hodges University; and her J.D. degree from Mitchell Hamline School of Law, the first ABA-approved hybrid in-person and online law school. Ms. Foulk is a member of the Pennsylvania Association of Elder Law Attorneys (PAELA) and the National Association of Elder Law Attorneys (NAELA). She is admitted to practice in Pennsylvania.
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