Agenda / Content Covered

All times are shown in Eastern time.

1. Final Accounting Process Overview
   10:00 - 11:00 Todd E. Gaudin
   1. Duties, Responsibilities and Possible Liability of Representative
   2. Appropriateness of Expenditures
   3. Gathering of Receipts and Other Documentation
   4. Accounting Period for Final Account and Filing Fees
   5. Designing Initial Inventory Process for Better Final Accountings
2. IRS Filing Requirements and Timing Considerations
   11:15 - 11:45, Gregory M. Katzman
   1. What Needs to be Filed?
   2. FEIN - SS-4 Application
   3. Form 56 - Notice Concerning Fiduciary Relationship
   4. Withholding Agent for Non-Resident Beneficiaries
   5. Termination of Fiduciary Relationship
3. Estate Tax Return (Federal and/or State)
   11:45 - 12:30, Paul W. Jones
4. Income Tax Returns: Decedent's and Fiduciary
   1:00 - 2:00, Gregory M. Katzman
5. Completing the Final Accounting
   2:00 - 2:45, Emory E. Hackman Jr.
6. Troubleshooting and Final Steps
   3:00 - 4:00, Todd E. Gaudin
   1. Final Distribution of Remaining Assets (w/Examples)
   2. Service Requirements
   3. What if the Account Does Not Balance?
   4. Are There Assets Left Off Inventory?
   5. Discharging Liability of Personal Representative
   6. Assents of Beneficiaries/Heirs - Are They Worth Obtaining?
   7. Objections to Final Accounting by Beneficiaries/Heirs
   8. Obtaining Discharge of the Personal Representative
7. Legal Ethics
   4:00 - 5:00, Todd E. Gaudin
   1. Conflicts of Interest
   2. Data Security and Client Confidentiality
   3. Attorney Fees, Expenses, Engagement Agreements
   4. Representing Fiduciaries vs. Decedent vs. Beneficiaries

Accreditation Details:

TODD E. GAUDIN is the principal attorney of On Point Legal LLC, in Baton Rouge. He practices in the areas of elder law, probate law, estate planning, and adoption law. Mr. Gaudin is a member of the Baton Rouge and Louisiana State bar associations, the Law Institute - Children's Code Committee, and the Baton Rouge Bar Association Board of Directors. He is also an alumnus of the 2002 Baton Rouge Chamber of Commerce Leadership Class. Mr. Gaudin earned his B.G.S. degree at Louisiana State University and his J.D. degree, magna cum laude, at Southern University School of Law.

EMORY E. HACKMAN JR. is a sole practitioner with Emory E. Hackman Law Offices in McLean/Falls Church, who specializes in wealth preservation. He has been an entrepreneur and practicing attorney for more than 40 years. His practice has evolved from a broad scope of services, including foreign financial transactions and a successful public securities offering, to estate planning, administration, wealth preservation, and federal litigation on fraud and concealment. Mr. Hackman is counsel to the Board of Directors of the Virginia Gun Collectors Association. He continues to be in demand to speak before legal, accounting, networking, writing, and business groups; such as the Arlington, Fairfax, McLean, and American bar associations; the Greater Washington Society of CPAs; the Washington Independent Writers; Third Thursday; and the McLean Estate Planning Council. He is a member of the McLean and Arlington bar associations, and the Virginia State Bar. He frequently speaks on the subject of ethics and is listed in Who's Who in America. He earned his B.S. degree from West Virginia University.

PAUL W. JONES is a partner is in the law firm of Hale & Wood, PLLC, where he practices in the areas of tax, business, estate planning, wills, trust, probate, and real estate. He is admitted to practice before the Utah Supreme Court, Federal District Court of Utah, and the U.S. Tax Court. Mr. Jones is a member of the Utah State Bar. He is also a licensed certified public accountant. Mr. Jones earned his B.A. degree and his J.D. degree, with honors, from the University of Utah; and his Masters degree from Weber State University.

GREGORY M. KATZMAN practices in the areas of estate planning and administration; tax planning and defense; and business organization and management. He graduated from the University of Missouri and received his J.D. and LL.M. degrees from the University of Missouri at Kansas City.