Audio CD + Course Book

Estate Administration Boot Camp

Audio CD + Course Book

Copyright Date:

December, 2017

Product ID#:

77267CDRA

Audio + Course Book

Credit Information

Continuing Legal Education

  • FL CLE - 14.50
From Event: Estate Administration Boot Camp, held December 2017.

Program Description

Are you fully confident in your knowledge of the latest court and tax rules and the most effective transfer tools to ensure each client's estate is laid to rest according to the decedent's wishes, with minimal tax burden? This comprehensive legal instruction will give you all the skills you need to administer estates that include trusts and/or business interests without a hitch. Order today!

Course Content

DAY 1

  • Forms of Administration and When They are Used
  • First Steps and Notices, Executor Duties, Opening the Estate
  • Marshalling the Assets
  • Key Intestacy Laws You Must Know
  • Handling Debts and Claims Against the Estate
  • Spouse Elective Share and Disclaimers
  • Trusts that Affect Estate Administration

DAY 2

  • Income Tax Returns
  • Portability and Estate, Gift, GST Taxes
  • Business Interests in Estate Administration
  • Legal Ethics in Estate Administration
  • Closing the Estate and Final Accounting
  • Estate and Trust Contests, Disputes, Challenges

Continuing Education Credit

Continuing Legal Education – CLE: 14.50 FL - Credit Approval Expiration 06/07/2019 *


* denotes specialty credits

Agenda / Content Covered

DAY 1

  • Forms of Administration and When They are Used
    9:00 - 9:45, Peggy C. Clarie Senentz
  • First Steps and Notices, Executor Duties, Opening the Estate
    9:45 - 10:30, Peggy C. Clarie Senentz
    • Executor Duties and Powers Prior to and After Qualification
    • Filing the Petition; Notice to Beneficiaries and Heirs
    • Initial Notices to Creditors and State Agencies
    • The Estate Timeline
    • Other Estate Opening Tasks and Procedures
  • Marshalling the Assets
    10:45 - 11:30, Melissa F. Williams
    • Key Assets to Account for
    • Survivorship vs. Beneficiary Designation
    • Helpful Checklists and Sample Forms
    • Valuation Considerations
    • Filing the Inventory and Appraisal with the Court
    • Handling Antiques, Heirlooms and Unusual Items
    • Digital Assets
  • Key Intestacy Laws You Must Know
    11:30 - 12:15, Spiro J. Verras
  • Handling Debts and Claims Against the Estate
    1:15 - 2:15, Rachel L. Drude
    • Secured vs. Unsecured Claims
    • Interest on Claims
    • Debts Left Over from Improperly Executed Joint Tenancies
    • Medicaid Estate Recovery and Other Liens
    • Insolvent Estates
  • Spouse Elective Share and Disclaimers
    2:30 - 3:30, Spiro J. Verras
    • Making the Election
    • Disclaiming an Interest: Who Can Disclaim, Statutory Requirements, Procedure, Consequences
  • Trusts that Affect Estate Administration
    3:30 - 4:30, Daniel Medina
    • When Trusts are Included in the Estate
    • What Must be Done when the Trust Becomes Irrevocable
    • Post-Mortem Trust Funding (Credit Shelter, Marital and Beneficiary Trusts)
    • Designated Beneficiary Trusts

DAY 2

  • Income Tax Returns
    9:00 - 10:00, Keith Durkin
    • Final Individual Income Tax Return - Federal and State
    • Fiduciary Income Tax Return - Federal and State
    • Tax Consequences of Fiduciary Decisions and Actions
    • The Interaction of Tax Deductions between the Estate Tax and fiduciary Income Tax Returns
  • Portability and Estate, Gift, GST Taxes
    10:00 - 11:00, Keith Durkin
    • Determining DSUE and Claiming Portability
    • State and Federal Estate, Gift and GST Taxes - Planning and Reporting
    • Streamlined, Partial-Streamlined and Complete Estate Tax Returns
  • Business Interests in Estate Administration
    11:15 - 12:15, Brant A. Bailey
    • Valuation Considerations
    • Business Continuation and Non-Family Business Interests
    • Succession Issues - Who Controls the Company (Corporations vs. LLCs)
    • Tax Planning and Reporting
  • Legal Ethics in Estate Administration
    1:15 - 2:15, Melissa F. Williams
    • Who is Your Client? Avoiding Conflicts of Interest
    • Attorney Fees
    • Protecting Confidentiality
    • Are you a Fiduciary? New Fiduciary Liability Rules and FINRA Enforcement Efforts
    • Client Competence Issues
  • Closing the Estate and Final Accounting
    2:30 - 3:30, Teresa N. Phillips
    • Final Accounting Step-by-Step
    • Filing the Final Petition; Contents
    • Final Expenses, Debts, Taxes, Fees and Distributions
    • Discharge of Fiduciary
  • Estate and Trust Contests, Disputes, Challenges
    3:30 - 4:30, Robert W. Lang
    • Beneficiary Conflicts
    • Executor and Trustee Disputes
    • Will Contests
    • Concealment Actions
    • Objections to Final Accounts
    • Deterrence - Trustee Selection, Trust Protectors, No-Contest Clauses, etc.

BRANT A. BAILEY is an attorney in the St. Petersburg law firm of Brant A. Bailey, P.A., where he practices in the areas of probate, estate planning, tax and adoptions. He has been practicing law for 26 years and is a former adjunct professor at Stetson University, where he taught courses on tax planning. Mr. Bailey also taught as an adjunct professor at St. Petersburg College and as an associate professor at Clearwater Christian College. He earned his A.B. degree from the University of Georgia, his J.D. degree from Cumberland School of Law of Samford University and his LL.M. degree from Washington University. Mr. Bailey is a former co-chair of the St. Petersburg Bar Association's Solo, Small Firm and Practice Management Section and a member of The Florida Bar.

PEGGY C. CLARIE SENENTZ is an attorney with Clarie Law Offices, P.A. She is a member of The Florida Bar, St. Petersburg Bar Association and Clearwater Bar Association. Ms. Clarie Senentz holds memberships in the American Council Association, Florida Association for Women Lawyers, and the Florida Adoption Council. She frequently speaks at seminars and writes publications on the topics of estate planning, probate and trust administration, adoptions, and contested litigation. Ms. Clarie Senentz has been recognized by The Florida Bar as a board certified adoption attorney. She earned both her B.A. degree and M.A. degree from the University of Tampa, and her J.D. degree, cum laude, from Barry University School of Law.

RACHEL L. DRUDE is a partner with Battaglia, Ross, Dicus & McQuaid, P.A. specializing in the areas of estate planning, probate and elder law. She frequently assists individuals and business owners in protecting their legacies from government and creditor interference. Ms. Drude’s other practice areas include wills, trusts, estates, probate administration, trust administration, taxation, business succession and corporate planning, real estate, Medicaid planning, and probate and trust litigation. She is a member of The Florida Bar, American Bar Association, and the Real Property, Probate and Trust Law Section of The Florida Bar. Ms. Drude is also a member of the Pinellas County Trial Lawyers Association and the St. Petersburg Bar Association, serving on the Editorial Board and as a regular contributing writer for its monthly publication, The Paraclete. She earned her B.A. degree, summa cum laude, from Loyola University, her master’s degree (LL.M.) in estate planning from the University of Miami School of Law and her J.D. degree, cum laude, from University of Miami.

KEITH DURKIN is a partner in the Orlando office of Broad and Cassel. He is a member of the estate planning and trusts practice group and has experience in a full range of estate planning documents, including charitable remainder trusts, QTIP trusts, generation skipping trusts, short-term irrevocable trusts, insurance trusts, and special needs trusts. His focus also includes asset purchase agreements, shareholder agreements, complex financing documents, international licensing and distribution agreements, operating agreements with guaranteed payments, preferred returns, tag along/drag along rights, and detailed tax allocation exhibits including qualified income offset provisions and deficit restoration obligations. Mr. Durkin has also drafted various corporate merger documents including "A," "E," and "F" type reorganizations, as well as researched, drafted, edited, and prepared memos on all areas of taxation, including S-Corp taxation, partnership taxation, employee benefits, corporate tax, personal tax, tax-exempt entities, payroll tax, excise tax, international tax. He also represents taxpayers in tax controversies before the IRS, and preparing Non-Profit 501(c)(3) applications. Mr. Durkin was named a 2011 Rising Star by Super Lawyers magazine in estate planning and probate law, an honor earned by less than 2.5% of attorneys in Florida. He received his B.A. degree from Tulane University, New Orleans; his J.D. degree, cum laude, from University of Miami School of Law, Coral Gables; and his LL.M. degree in taxation from New York University School of Law, New York. He is admitted to The Florida Bar and is a member of the American Bar Association.

ROBERT W. LANG is a partner in Holland & Knight LLP's Tampa office where he is a member of the firm's Private Wealth Services Section and actively participates in the section's dispute resolution group. Mr. Lang's primary area of practice involves fiduciary dispute resolution and litigation affecting contested trusts and estates. He is experienced in will and trust contests, as well as contested guardianship matters. Mr. Lang is the co-chair for the Holland & Knight Mickey Rooney Elder Financial Abuse Pro Bono Project. Through this project, he provides legal services to elder adults to resolve damages caused by financial elder abuse. Mr. Lang provides pro bono assistance to those elder adults who would otherwise not have the financial ability to protect themselves. He received his B.A. degree from the University of Florida and his J.D. degree from Stetson University College of Law. Mr. Lang is admitted to Tthe Florida Bar and to all State Courts in Florida; the U. S. District Court for the Northern District of Florida; U.S. District Court for the Middle District of Florida, and the U.S. District Court for the Southern District of Florida. He is a member of the American Bar Association (Litigation Section, Real Estate Litigation Committee Webpage Editor), The Florida Bar (Real Property, Probate and Trust Law Section, Real Estate Litigation Committee, Probate and Trust Litigation Committee), the Tampa Bay Estate Planning Council, the St. Petersburg Suncoasters (president 2014-present), and the Suncoast Estate Planning Council.

DANIEL MEDINA is a member of Medina Law Group P.A., where he practices in the areas of estate planning, wills, trust law, corporate tax planning, probate administration and corporate law. Mr. Medina is a member of the Lakeland and American bar associations, The Florida Bar and the Estate Planning Council of Polk County. He is board certified in wills, trusts and estates. He earned his B.A. degree from Northeastern Bible College; and his J.D. degree, with honors, and LL.M. degree University of Florida.

TERESA N. PHILLIPS is an attorney with Forster Boughman & Lefkowitz where her practice focuses on probate and trust administration, probate and trust litigation, and general commercial disputes. Ms. Phillips is admitted in all Florida State Courts, and the Northern and Middle districts of Florida (Federal Courts). She earned her dual bachelor's degree from Florida State University and her J.D. degree, cum laude, from Florida State University College of Law.

SPIRO J. VERRAS is the founding attorney and president of Verras Law, P.A., which maintains locations in Palm Harbor, St. Petersburg, and Tampa. His current practice focuses on estate planning, probate and trusts, elder law, guardianships, corporate, and commercial transactions. Mr. Verras is active in bar organizations, including the Clearwater Bar Association and the Hillsborough County Bar Association. He is also a member of the Real Property Probate and Trust Law, Elder Law, and Entertainment, Arts & Sports Law sections of The Florida Bar; the Trusts, Estate, Probate & Immovable Property Law Section of the Louisiana State Bar Association; and the Real Estate, Probate & Trust Law and LGBT Law Sections of the Texas Bar. In addition to his state bar memberships, he has been admitted to practice in local federal district courts, the U.S. Fifth Circuit Court of Appeals, the U.S. Eleventh Circuit Court of Appeals, and the U.S. Supreme Court. Mr. Verras is also a member of the Academy of Florida Elder Law Attorneys and the National Academy of Elder Law Attorneys. He earned his B.A. degree from Yale University and his J.D. degree from Tulane Law School (managing editor, Tulane Maritime Law Journal).

MELISSA F. WILLIAMS is the founder and principal attorney at Finley Williams Law, P.A., in St. Petersburg. Her practice is focused in the areas of estate planning, guardianship, Medicaid planning, VA Aid & Attendance, special needs planning, life care planning, real property law, and business law. She received her B.S. degree, cum laude, in Psychology from the University of Florida and her J.D. degree from the University of Florida Levin College of Law. Ms. Williams is an active member of the Florida Bar, St. Pete Bar, Clearwater Bar, Suncoast Estate Planning Council, Pinellas Chapter of the Florida Association of Women Lawyers, and Florida Bar Elder Law Section. She has also served as an adjunct professor at the University of Florida Levin College of Law teaching interviewing, counseling, and negotiation to second and third-year law students.

Please refer to Continuing Education Credit FAQ for general information about seeking credit for your participation in one of our continuing education programs.

Additionally, our team of credit specialists are here to answer your specific credit-related questions weekdays 7am - 5pm Central:

Phone: 866-240-1890

Email: credit@nbi-sems.com

Accreditation Details:

Continuing Legal Education

FL CLE: 14.50 Credit Approval Exp
06/07/2019
Includes - Elder Law: 14.50, Ethics: 1.00, Tax: 14.50, Wills, Trusts and Estates: 14.50
Approved by The Florida Bar, this program may qualify for up to 14.5 general hours of CLER self-study credit including 1.0 hour of self-study ethics credit. Certification: 14.5 hours - Elder Law; 14.5 hours - Tax; 14.5 hours - Wills, Trusts and Estates.


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