Learn the probate process step-by-step, from paperwork to discharge, with key insights on estate administration and best practices.
Join Tereina Stidd, Director of Education for the American Academy of Estate Planning Attorneys, as she works her way through a typical probate proceeding. This course will provide a detailed overview of the probate process beginning with the initial paperwork required to start the proceedings and ending with obtaining the order of discharge. Additionally, this course will supply foundational knowledge and practical guidance for the estate administration process. Attendees will leave this presentation with a step-by-step understanding of probate which will include tips on avoiding pitfalls, settling the assets and debts, dealing with challenges and disputes, understanding the role that attorneys and courts play, the laws regulating probate, and best practices for counsel.Learning Objectives
- You will be able to describe the difference between testate and intestate proceedings.
- You will be able to discuss how to deal with creditors of an estate.
- You will be able to explain the importance of determining the beneficiaries of an estate.
- You will be able to identify issues that impede the administration of an estate at the outset of representation.
Agenda
Intestate Versus Testate Proceedings- Requirements for a Valid Will
- Serving as Fiduciary
- Marshaling the Assets of the Estate
- Ascertaining the Creditors of an Estate
- Providing Notice to Creditors
- Payment of Creditors
- Release of Claims
- Determining Which Individuals Qualify as Beneficiaries
- Providing Required Information to Beneficiaries
- Giving Timely Notice
- Interim and Final Distributions
- Accounting and Inventory Issues
- Real Property Considerations
- Taxes
Speaker(s)
Tereina Stidd, J.D., LL.M.American Academy of Estate Planning Attorneys, Inc.
- Director of Education at the American Academy of Estate Planning Attorneys, a national organization dedicated to promoting excellence in estate planning
- Practice focuses on helping Member firms resolve issues ranging from how best to structure an estate plan to determining which sections of the Internal Revenue Code will apply to a particular transaction to administering estates and trusts efficiently
- Prior experience includes over 15 years in private practice, working in AM Law Top 100 and 200 firms, mid-sized firms, and boutiques
- Frequent presenter at national conferences and legal education programs on topics such as trust administration, probate processes, tax implications, and estate planning strategies
- Co-Author, Chapter 6 Homestead in Basic Estate Planning in Florida, 6th-11th ed., published by the Florida Bar
- Member of the Florida Bar and North Carolina Bar (inactive status)
- J.D. Degree, the Claude W. Petit College of Law at Ohio Northern University; LL.M. Degree in taxation, the University of Miami School of Law; B.A. Degree in political science, cum laude, St. Bonaventure University
