Audio CD + Course Book

Probate Inventory and Final Accounting

Audio CD + Course Book

Copyright Date:

December, 2017

Product ID#:

78113CDRA

Audio + Course Book

Credit Information

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Other

  • National Association of Legal Assistants, Inc. - 6.50
  • National Federation of Paralegal Associations, Inc.
From Event: Probate Inventory and Final Accounting, held December 2017.

Program Description

The estate inventory is the beginning, and the fiduciary accounting is the grand finale when probating an estate. The two are indelibly linked, and to complete them correctly and thoroughly means to avoid needless delays, disputes and possible re-openings. This practical legal guide will help you uncover all estate assets, and record and distribute them efficiently, without error. Order today!

Course Content

  1. Probate Process and Timeline Overview
  2. Generating Estate Inventory: Starting the Final Accounting at the Outset
  3. Asset Valuation in Probate
  4. Preparing for the Final Accounting Final Accounting: What to Include and How to Organize It
  5. Final Accounting and Petition for Discharge
  6. Legal Ethics in Probate Practice

Continuing Education Credit

Continuing Legal Education

Credit Hrs State Credit Approval Expiration
CLE 6.00 KS * 12/31/2018
CLE 6.00 MO 12/14/2019

National Association of Legal Assistants, Inc. – NALA: 6.50 N - Credit Approval Expiration 12/14/2019 *

National Federation of Paralegal Associations, Inc. – NFPA


* denotes specialty credits

Agenda / Content Covered

  1. PROBATE PROCESS AND TIMELINE OVERVIEW
    8:30 - 9:40, Written by Kathleen R. Urbom
    Presented by Kathleen R. Urbom in Overland Park and Roberta L. Wilkes in Wichita
    1. Estate Timetable/Checklist and Probate Court Procedure
    2. Formal Administration vs. Abbreviated Process
    3. What the Personal Representative Needs to Know and Do
    4. Opening the Estate - Key Tasks
    5. How Estate Inventory and Final Accounting Fit in the Administration Process
  2. GENERATING THE ESTATE INVENTORY: STARTING THE FINAL ACCOUNTING AT THE OUTSET
    9:40 - 10:50, Written and presented by Roberta L. Wilkes in Overland Park and Wichita
    1. Identify All Assets
    2. Obtaining and Reviewing Documents to Identify all Assets
    3. Securing Assets
    4. Describing the Assets
    5. Supplemental Inventory
  3. ASSET VALUATION IN PROBATE
    11:05 - 12:15, Written and presented by Roberta L. Wilkes in Overland Park and Wichita
    1. Evaluating Real Estate vs. Personal Property
    2. Obtaining Appraisals
    3. Evaluating Businesses
  4. PREPARING FOR THE FINAL ACCOUNTING AND FINAL ACCOUNTING: WHAT TO INCLUDE AND HOW TO ORGANIZE IT
    1:15 - 2:15, Written and presented by Mark A. Werner in Overland Park and Wichita
  5. FINAL DISTRIBUTIONS AND PETITION FOR DISCHARGE
    2:30 - 3:40, Written and presented by Mark A. Werner in Overland Park and Wichita
    1. Should Proposed Distributions be Used?
    2. Final Disbursement of Estate Property
    3. Release of Liability and Consent to Discharge: What to Include, Who Needs to Sign Them, and Why
    4. Petition for Discharge: What to Include and How to File
  6. LEGAL ETHICS IN PROBATE PRACTICE
    3:40 - 4:40, Written and presented by Roberta L. Wilkes in Overland Park and Wichita
    1. Who is Your Client? Preventing Conflicts of Interest at the Outset
    2. Attorney Fees in Excess of Statutory Limit
    3. Attorneys Acting as Fiduciaries
    4. Client Confidentiality and Data Security

KATHLEEN R. URBOM is a sole practitioner in Topeka and Olathe, where she has a civil practice, including contract formation and litigation, business entities formation and governance, estate planning and probate, and special education law. She has spoken previously on special education law, landlord tenant law and end of life planning, including business succession, wills and trusts, and guardian conservatorships. Ms. Urbom earned her B.S. degree from St. Mary of the Plains College and her J.D. degree from Washburn University of Topeka. She is a member of the Kansas and Topeka bar associations, the Women's Attorneys Association of Topeka, and Jenny Mitchell Kellogg Circle. (Overland Park location)

MARK A. WERNER is an attorney at law in private practice in Pittsburg, Kansas. His practice areas include estate planning and probate; banking and commercial law; business formation and advising; real estate; and general civil litigation. Mr. Werner is a member of the Crawford County and Southeast Kansas bar associations. He earned his B.S. degree from Kansas State University and his J.D. degree from the University of Kansas School of Law. Mr. Werner has been an adjunct instructor in Accounting Law, Legal and Social Environment of Business, and other undergraduate courses at Pittsburg State University; as well as a presenter at various estate planning and probate seminars and continuing legal education programs over the years. (Wichita and Overland Park locations)

ROBERTA L. WILKES is a partner in the law firm of Wilkes & Dunn, where she practices in the areas of probate, estate planning, real estate, small business, and nonprofit organizations. She is licensed to practice law in both Kansas and Oklahoma. Ms. Wilkes taught legal professionals for more than 20 years at both Johnson County Community College and Kansas City, Kansas Community College. She has spoken at seminars for lawyers, primarily in the field of estate planning and probate. Ms. Wilkes is a member of the Wyandotte County Bar Association and the Cherokee County Bar Association in Oklahoma. She earned her B.A. degree from Wichita State University and her J.D. degree, with distinction, from the University of Missouri at Kansas City. (Wichita and Overland Park locations)

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

KS CLE: 6.00 Credit Approval Exp
12/31/2018
Includes - Ethics: 1.00
Approved by the Kansas Continuing Legal Education Commission for 6.0 hours of prerecorded format continuing legal education credit, which includes 1.0 hour of ethics and professionalism credit. No more than 6.0 hours of prerecorded format CLE may be earned in one compliance period.


MO CLE: 6.00 Credit Approval Exp
12/14/2019
NBI, Inc. is an accredited sponsor with Missouri Minimum Continuing Legal Education. This program qualifies for up to 6.0 self-study CLE credit hours. No more than 6.0 hours of self-study CLE credit may be earned during a reporting period. Attorneys may not earn ethics credit with self-study.


National Association of Legal Assistants, Inc.

N LA: 6.50 Credit Approval Exp
12/14/2019
Includes - Ethics: 1.00
This seminar meets the requirements of the Certifying Board for Legal Assistants of the National Association of Legal Assistants, Inc., for 6.5 hours, including 1.0 ethics, of continuing legal assistant education self-study credit required to maintain the CLA (Certified Legal Assistant) credential.


National Federation of Paralegal Associations, Inc.

N PAR: Credit Approval Exp
12/14/2018
NBI, Inc. is a NFPA approved CLE provider.


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Fax: 715.835.1405
Mail: NBI
P.O. Box 3067
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