Live Seminar

Probate Hands-On! - An Interactive Workshop

Seminar

Date:

2 Day Seminar
Wednesday, May 23, 2018 -
Thursday, May 24, 2018

Time:

8:30 AM - 4:40 PM

Product ID#:

79412ER

Location:

Holiday Inn Orange County Airport Hotel Santa Ana

2726 South Grand Avenue

Santa Ana, CA 92705

$575.00

$565 / Each Additional

Registration Includes Course Book

Credit Information

Continuing Legal Education

  • CA CLE - 13.25

CPE for Accountants

  • CPE for Accountants/NASBA - 16.00

Program Description

Practical Approach to the Probate Process

Answer the top questions about the probate process and the key tasks and decision-making involved with this hands-on primer. Experienced faculty will guide you through the series of scenarios and exercises so that you come away fully prepared to tackle key probate tasks. Register today!

  • Get the probate process and procedure clarified.
  • Get effective tips for proving the validity of the will.
  • Review procedures for locating and marshalling assets, with sample valuation scenarios.
  • Learn how to handle tax return forms procedures and questions through exercises and case studies.
  • Review an example of a contested Medicaid recovery claim to learn how to best defend each estate.
  • Learn what situations present the greatest danger of crossing the ethical line and find solutions together.

Who Should Attend

This basic-to-intermediate level program is designed for:

  • Attorneys
  • Accountants
  • Tax Advisers
  • Estate Planners
  • Trust Officers
  • Paralegals

Course Content

Day 1

  1. Probate Process and Procedure - Clarified
  2. Ensuring Executors Know Their Duties - Case Studies
  3. Wills: Proving Validity, Petitioning and Top Problems
  4. Assets: How to Inventory, Locate, Secure, Value and Manage - With Case Studies
  5. Medicaid Estate Recovery and Exceptions - Case Studies

Day 2

  1. Ethical Considerations in Probate - In Case Studies
  2. Creditor Claim Conundrums
  3. Final Accounting: Everything You Need to Know - Sample Accounting Review and Questions
  4. Tax Deadlines, Preparation, Coordination, Filing Returns
  5. Handling Distributions and Closing the Estate Without a Hitch - Common Scenarios
  6. Top Problems in Probate - Fact Patterns

Continuing Education Credit

Continuing Legal Education – CLE: 13.25 *

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 16.00 *


* denotes specialty credits

Agenda / Content Covered

Day 1

  1. Probate Process and Procedure - Clarified
    8:30 - 9:45, Written by Diane H. Parriott. Presented by Megan L. Jones in Sherman Oaks and Diane H. Parriott in Santa Ana.
    1. Is Probate Necessary? Alternatives, Avoidance, Which Assets Can Pass Outside of Probate
    2. Jurisdiction and Venue Issues
    3. Process and Procedures: Informal vs. Formal
    4. Initial Steps in the Process: Executor Appointment; Taxpayer ID
    5. Sample Forms and Documents
    6. Laws of Intestacy/Heirship; Exceptions
    7. Executor Letter to Beneficiaries
  2. Ensuring Executors Know Their Duties - Case Studies
    9:45 - 10:45, Written by Megan L. Jones. Presented by Megan L. Jones in Sherman Oaks and Jillian C. Kinsey in Santa Ana.
    1. Informing PR of Duties (w/Sample Forms and Documents)
    2. Exercise: How Would You Help the Executor? 9 Real-World Scenarios
  3. Wills: Proving Validity, Petitioning and Top Problems
    11:00 - 12:00, Written by Lowell H. Orren. Presented by Lowell H. Orren in Sherman Oaks and Jennifer E. Lefton in Santa Ana.
    1. State Law, Validity, and Petition to Admit Will to Probate
    2. Exercise #1: Two Common Spousal Election Situations
    3. Exercise #2: Is This Will Valid? Four Common Scenarios
  4. Assets: How to Inventory, Locate, Secure, Value and Manage - With Case Studies
    1:00 - 2:45, Written by Jason Gaudy. Presented by Lowell H. Orren in Sherman Oaks and Jason Gaudy in Santa Ana.
    1. Procedures to Locate and Marshall (Including Sample Documents)
    2. Valuation Methods, Proper Use of Appraisals
    3. 401ks, IRAs, Pensions, Stocks and Retirement Plans
    4. Case Study #1: Chattel
    5. Case Study #2: Tenant Trouble
    6. Case Study #3: Assets w/Negative Equity - Two Common Scenarios
    7. Case Study #4: Large Annuity in a Small Estate
  5. Medicaid Estate Recovery and Exceptions - Case Studies
    3:00 - 4:40, Written by Martha J. Patterson. Presented by Martha J. Patterson in Sherman Oaks and Santa Ana.
    1. Case Study #1: Caregiver Exception in Real Life
    2. Case Study #2: Income-Producing Property Exception
    3. Case Study #3: Home Maintenance Expenses Exception
    4. Case Study #4: Small Estates Exception

Day 2

  1. Ethical Considerations in Probate - In Case Studies
    8:30 - 9:30, Written by Jennifer E. Lefton. Presented by Michael Antin in Sherman Oaks and Jennifer E. Lefton in Santa Ana.
    1. Case Study #1: Attorney Fee Agreements
    2. Case Study #2: Protecting Confidentiality
    3. Case Study #3: Financial Abuse of the Elderly and Disabled - Is This Abuse?
    4. Case Study #4: Recognizing Client Capacity
    5. Case Study #5: Attorney Acting as Fiduciary - Fee Questions
  2. Creditor Claim Conundrums
    9:30 - 10:45, Written by Michael Antin. Presented by Michael Antin in Sherman Oaks and Jason Gaudy in Santa Ana.
    1. Claim Notice, Priority, Rights and Rejection
    2. Interest on Claims
    3. Why Advertise for Claimants and/or Creditors Even if no Formal Administration?
    4. Scenario #1: Missed Notice
    5. Scenario #2: Priority of Claims
    6. Scenario #3: Negotiating a Claim
  3. Final Accounting: Everything You Need to Know - Sample Accounting Review and Questions
    11:00 - 12:00, Written by Diane Y. Park. Presented by Diane Y. Park in Sherman Oaks and Jason Gaudy in Santa Ana.
  4. Tax Deadlines, Preparation, Coordination, Filing Returns
    1:00 - 2:30, Written by Norman H. Green. Presented by Norman H. Green in Sherman Oaks and Kevin R. Snyder and Rachelle D. Van Pelt in Santa Ana.
    1. State and Federal Tax Update
    2. Preparing Final Tax Returns: Timeline, Forms and Filing Procedures
    3. Income Tax Returns for the Estate or Trust
    4. Fact Pattern: Completing all the Necessary Tax Forms: Individual and Trust/Estate (Including Schedules C, E, SE, G, E, K-1 and Forms 56 and 1310)
  5. Handling Distributions and Closing the Estate Without a Hitch - Common Scenarios
    2:45 - 3:30, Written by Diane Y. Park. Presented by Diane Y. Park in Sherman Oaks and Diane H. Parriott in Santa Ana.
    1. Distributions and Estate Closing Process Overview
    2. Case Study #1: Early Distribution - Three Scenarios
    3. Case Study #2: Survivors Request an Intermediary Distribution
    4. Case Study #3: A Distribution will Create a Tax Conundrum for One of the Beneficiaries
    5. Case Study #4: Obtaining Consent/Waivers for Distributions
  6. Top Problems in Probate - Fact Patterns
    3:30 - 4:40, Written by Neal B. Jannol. Presented by Neal B. Jannol in Sherman Oaks and Nicole A. Vettraino in Santa Ana.
    1. Property: Exempt; Marital; Homestead
    2. Fact Pattern #1: Death of a Lawyer
    3. Fact Pattern #2: Real Estate Tied Up Due to Numerous Intestate Heirs
    4. Fact Pattern #3: Personalty Bequests - Small Bequests That Cause Big Problems

MICHAEL ANTIN is a retired sole practitioner in Los Angeles, California, where he concentrated his practice in the areas of taxation law, estate planning law, and probate law. Mr. Antin has been designated as a certified tax specialist by the State Bar of California Board of Legal Specialization. He served as a visiting professor of law at the Boalt Hall School of Law, University of California at Berkeley, teaching the tax seminar and for the advanced estate planning course at the University of San Diego School of Law. Mr. Antin has also served as a visiting professor of law at the University of Latvia, Riga, Latvia; Palacky Law Faculty, in the Czech Republic; and in Poland, at the Catholic University in Lublin. He has lectured to various professional groups on estate planning and tax issues. Mr. Antin wrote How to Operate Your Trust or Probate, and has written the chapters on principal and income, and income taxation of trust for the California Continuing Education of the Bar book titled: California Trust Administration. Mr. Antin has also written numerous other articles and publications relating to his practice areas. He is an inactive member of the State Bar of California; the American and Los Angeles County bar associations; and is a fellow of the American College of Tax Counsel and the American College of Trust Counsel. Mr. Antin earned his B.S. degree from the University of California at Los Angeles and his J.D. degree from Boalt Hall School of Law, University of California at Berkeley. (Sherman Oaks location)

JASON GAUDY is the managing attorney of Gaudy Law Inc., where he oversees every department. Mr. Gaudy focuses his practice on probate, estate planning, business law, and litigation. He is an adjunct professor at Trinity Law School. Mr. Gaudy earned his B.A. degree from Trinity Christian College and his J.D. degree from the American College of Law. (Santa Ana location)

NORMAN H. GREEN is a partner with the law firm of Irsfeld, Irsfeld & Younger LLP, where he practices in the areas of taxation, business law, estate planning, and probate. Mr. Green has been designated as a certified specialist in tax law by the State Bar of California Board of Legal Specialization and is chair of the Taxation Law Advisory Commission. He has lectured on estate planning and taxation issues, as well as fee arbitration. Mr. Green is a member of the Los Angeles County, Glendale, and Beverly Hills bar associations; and the State Bar of California (member, Estate Planning, Probate and Trust Law, and Taxation Law sections). He earned his A.B. degree from the University of California at Irvine and his J.D. degree from the University of California at Los Angeles. (Sherman Oaks location)

NEAL B. JANNOL is a sole practitioner in Los Angeles at the Law Office of Neal B. Jannol. He has been an attorney for more than 20 years and concentrates his practice on sophisticated estate and tax planning for individual clients, the representation of individual and corporate fiduciaries, and the administration of estates and trusts. Mr. Jannol's experience includes drafting revocable and irrevocable trusts, business succession planning, premarital planning, charitable gift planning, and all aspects of estate administration and probate procedures. He is a member of the State Bar of California. Mr. Jannol earned his B.A. degree, magna cum laude, from the University of California at Los Angeles and his J.D. degree from the University of California at Berkeley, Boalt Hall School of Law. (Sherman Oaks location)

MEGAN L. JONES is a tax attorney with Clark & Trevithick PLC in Los Angeles. She focuses on estate planning, estate administration, probate, business succession planning, and corporate advisory work. Previously, Ms. Jones worked as an investment banker at firms including Lazard Freres & Company and Merrill Lynch. She has extensive skills in mergers & acquisitions and capital structures. Ms. Jones also did tax work at Ernst & Young. She is a member of the Beverly Hills, the San Fernando, the Los Angeles, and the American bar associations; and on the Tax Committee of the Beverly Hills Bar Association. Ms. Jones earned her J.D. degree and LL.M. degree in tax from Loyola Law School, Los Angeles. She is frequently published in the Daily Journal and Los Angeles Lawyer, among other publications. (Sherman Oaks location)

JILLIAN C. KINSEY is an attorney with the Irvine law firm of Albrecht & Barney Law. She focuses her practice on estate planning, including drafting estate planning documents, trust administration, and the formation of private foundations. Ms. Kinsey earned her undergraduate degree, cum laude, at the University of California at Irvine and her J.D. degree from Chapman University's Fowler School of Law. (Santa Ana location)

JENNIFER E. LEFTON is the principal attorney of the LEFTON LAW, Corp. She is a California licensed attorney and certified mediator. Ms. Lefton is a member of NAELA - National Academy of Elder Law Attorneys, Orange County Bar Association, Orange County Women's Lawyer Association, and FAST - Financial Abuse Specialist Team thru the Council on Aging. She also volunteers as a board of director for AgeWell Senior Services. She earned her undergraduate degree at the University of California at Riverside, her J.D. degree at the University of Denver, and is currently enrolled in her Masters of Legal and Forensic Psychology at the University of California at Irvine. (Santa Ana location)

LOWELL H. ORREN is a partner in the Pasadena law firm of Orren & Orren, where he represents clients in estate planning, probate, and tax matters. Mr. Orren is certified as a specialist in estate planning, probate and trust law by the State Bar of California Board of Legal Specialization. He has taught economics and business law at the University of Minnesota, University of California, Los Angeles, California State University Los Angeles, and the University of Phoenix. He is a member of the Trust and Estates Section of the State Bar of California, the Probate and Trust Section of the Pasadena Bar Association, and WealthCounsel, LLC. Mr. Orren earned his B.A. degree in mathematics from the University of California, Berkeley; his Ph.D. degree in economics from the University of Minnesota; his J.D. degree from Loyola Law School; and his LL.M. degree in taxation from Golden Gate University. (Sherman Oaks location)

DIANE Y. PARK is an attorney with Weinstock Manion, where she concentrates her practice in the areas of trust and estate litigation and administration. Ms. Park earned her B.A. degree from the University of California Los Angeles and her J.D. degree from the University of California Los Angeles, School of Law. She currently is the program co-chair of the Executive Committee of the Beverly Hills Bar Association, Trusts and Estates Section; and a member of the Los Angeles County Bar Association. She also teaches estate planning at UCLA Extension. (Sherman Oaks location)

DIANE H. PARRIOTT is senior counsel at Bentler Mulder, LLP, where she practices exclusively in the areas of taxation, estate planning, trust administration and probate law. She has been designated as a certified specialist in estate planning, trust administration and probate law by the State Bar of California Board of Legal Specialization. Ms. Parriott earned her undergraduate degree from the University of California at San Diego, her J.D. degree from the University of San Francisco, and her Master of Laws (LL.M.) degree in taxation, with distinction, from the Georgetown University Law Center. (Santa Ana location)

MARTHA J. PATTERSON is the principal of the Geisler Patterson Law Firm, where she focuses her practice on estate planning and elder law, and is a certified elder law attorney (CELA) as certified by the National Elder Law Foundation. Ms. Patterson is the author of "The Nursing Home Dilemma." She has been featured on ABC, CBS, NBC, CNN, Fox News, Good Morning America, KABC and KNX Radio. Ms. Patterson is a member of ElderCounsel and The National Academy of Elder Law Attorneys, as well as the Southern California Chapter of the National Academy of Elder Law Attorneys. She is also a member of the Los Angeles County Bar Association, San Fernando Valley Estate Planning Council and Southern California Council of Elder Law Attorneys. Ms. Patterson earned her B.S. degree from California State University-Fullerton and her J.D. degree from Western State University School of Law. (Sherman Oaks and Santa Ana locations)

KEVIN R. SNYDER is a partner in the Irvine law firm of Snyder Law P.C. He focuses his practice in the areas of elder law, estate planning, probate law, trust administration and veterans law. Mr. Snyder is an active member of WealthCounsel and ElderCounsel, as well as the Trust & Estates and Elder Law sections and Veterans Committee of the Orange County Bar Association. He earned his B.A. degree, with honors, at Boston College; his J.D. degree, with honors, at the University of Richmond School of Law; and his LL.M degree at the California Western School of Law. Mr. Snyder has also been published in the OC Lawyer magazine multiple times. He currently serves on the Board of Trustees for St. Joseph Hospital in Orange, the Holy Family Cathedral Finance Committee, and provides pro bono legal services through the Veterans Legal Institute. (Santa Ana location)

RACHELLE D. VAN PELT, CPA, is currently the managing partner and president of Bartelt, Jaynes & Van Pelt, which is located in Irvine, California. Her firm provides various services, with emphasis on accounting, tax, and consulting. For accounting services, Ms. Van Pelt manages audits, reviews and compilations for diverse industries and entities, including closely-held corporations, partnerships, limited liability companies and other business entities. Her firm provides tax preparation, tax planning, and tax compliance services for individuals, businesses, trusts, and estates. Ms. Van Pelt earned her B.S. degree in Accounting from Southern Louisiana University and is a licensed Certified Public Accountant in the state of California. She has been a CPA for over 20 years. (Santa Ana location)

NICOLE A. VETTRAINO is the principal attorney of the Law Office of Nicole A. Vettraino in Irvine where she practices in all aspects of estate planning. She has been designated as a certified specialist in estate planning, trust administration and probate law by the State Bar of California Board of Legal Specialization. For over thirteen years, she has helped clients plan their estates with revocable trusts; powers of attorney; advance health care directives; and other business, tax, financial, and medical estate planning strategies. She also assists clients to administer trusts and probate estates. Ms. Vettraino earned her undergraduate degree in communication from the University of California at San Diego and her J.D. degree at Chapman University School of Law, with an emphasis in taxation. She is a member of the Orange County Bar Association's Trusts and Estates Section and the American Bar Association. (Santa Ana location)

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

CA CLE: 13.25 Includes - Ethics: 1.00
This activity has been approved for Minimum Continuing Legal Education credit by the State Bar of California in the amount of 13.25 hours, of which 1.0 hour will apply to legal ethics. NBI, Inc. certifies this activity conforms to the standards for approved education activities prescribed by the rules and regulations of the State Bar of California governing minimum continuing legal education. NBI, Inc. is a State Bar of California approved MCLE provider - #53.


National Association of State Boards of Accountancy

N NAS: 16.00 Includes - Accounting: 4.50, Regulatory Ethics: 1.00, Specialized Knowledge: 5.50, Taxes: 5.00
NBI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. This program is designed to qualify for 16.0 hours (based on 50 minute credit hour) of continuing professional education credit for accountants. For more information regarding administrative policies such as complaint and refund, please contact our offices at (800) 930-6182.

This is a basic to intermediate level program presented in a group live setting. No advanced preparation or prerequisites are required. This course will: 1. List key steps of probate procedure. 2. Recall two executor duties. 3. Restate three common types of wills. 4. List two types of non-probate assets. 5. Identify two common problems in probate. 6. Recall three common insolvent estate scenarios. 7. Explain Medicaid estate recovery rights. 8. Describe executor duties in notifying creditors. 9. List three common areas of discrepancy in final accounting. 10. List three tax forms commonly used in probate. 11. Recall what to do if one beneficiary is holding up everyone’s distribution. 12. Distinguish between ethical and unethical behavior. Field(s) of Study -- Regulatory Ethics; Specialized Knowledge; Accounting; Taxes.

Can't Attend?
Purchase the Recording.

Questions


How To Order

Web: Order Now
Call: 800.930.6182
Fax: 715.835.1405
Mail: NBI
P.O. Box 3067
Eau Claire, WI 54702