Podcasts about estate administration

In this episode of Absolute Trust Talk, host Kirsten Howe continues her valuation discussion with expert Alex Spaete from Bridge Forensic CPAs, exploring the intricacies of asset valuation. The discussion focuses on how privately held assets are valued, particularly examining discount factors applied to LLC interests based on control limitations and marketability constraints. Alex explains how family dynamics influence valuations, especially when implicit control exists despite limited ownership percentages. The conversation covers valuation approaches for unusual assets like promissory notes and accounts receivable, with Alex sharing real-world examples, including commercial rag manufacturing and Weather Derivatives. This show highlights why professional valuation expertise is essential when dealing with complex assets during estate planning, business transitions, or divorce settlements.   Time-stamped Show Notes: 0:00 Introduction 2:48 Diving back into the discussion, Alex breaks down the two main components of discounts: control factors and liquidity considerations that affect final valuations. 4:10 Here, we explore how operating agreements significantly impact valuation and what control considerations you should be aware of. 4:49 Gain insights on the fascinating impact of family dynamics on valuations, mainly how they come into play in divorce scenarios. 8:17 Find out whether the IRS requires taking discounts when available and the tax implications of valuation choices. 11:06 Alex explains the complexities of valuing promissory notes and how changing interest rates can dramatically affect their worth. 12:27 Before signing off, you must hear more about Alex's most interesting case studies, including an unusual rag-making business and complex weather derivatives.

Probate is a court-supervised process used to authenticate a decedent's will, appoint a personal representative, gather assets, pay debts, and distribute remaining assets to heirs or beneficiaries. The process varies in duration, cost, and complexity.Key steps include initiating the case, court review and appointment of a representative, gathering assets, providing notice, handling debts, administering and distributing the estate, and tax planning. Some jurisdictions offer simplified or informal probate for smaller or uncontested estates.Tax and planning considerations include estate taxes, lifetime gifting, irrevocable life insurance trusts, grantor-retained annuity trusts, charitable giving, and integration of tax strategies with probate.Understanding both probate procedures and estate planning strategies is crucial for effectively managing the complexities of post-death property transfers. Proper planning can minimize administrative burdens, reduce tax liabilities, and ensure the decedent's intentions are fulfilled.

Probate is a court-supervised process that authenticates a decedent's will, appoints a personal representative, and oversees the gathering of assets, payment of debts, and distribution of remaining assets to heirs or beneficiaries. The probate process can vary in duration, cost, and complexity depending on the size of the estate, the clarity or validity of the will, and potential disputes.The probate case is initiated by filing a petition with the probate court, which includes the will (if any) and the death certificate. The court then confirms the documents and appoints an executor or administrator. If the will is contested, the process may become litigious and require an evidentiary hearing.The personal representative is responsible for notifying beneficiaries, heirs, and creditors, and gathering and inventorying the decedent's assets. The representative must also pay off valid debts in a specific order of priority.The distribution of property is guided by the will or, in the absence of a will, by intestacy statutes. Some jurisdictions offer simplified or informal probate procedures for smaller or uncontested estates.Estate taxes and planning strategies can significantly impact the probate process. Lifetime gifts, life insurance trusts, and charitable giving can all be used to minimize estate taxes. Understanding these strategies is crucial, as how property is titled or transferred can affect both probate and tax implications.The personal representative must also file any required estate tax returns and ensure that taxes are paid. Estate planning can simplify the probate process and minimize taxes, ensuring that the decedent's wishes are carried out and that beneficiaries receive their inheritance with clarity.

In this insightful episode of Absolute Trust Talk, host Kirsten Howe welcomes Alex Spaete, a valuation expert and partner with Bridge Forensic CPAs. In part one of their discussion, Kirsten and Alex explore the complex world of asset valuation, particularly focusing on closely held businesses and real estate holding partnerships. Alex explains why valuing private entities requires specialized expertise beyond what's needed for bank accounts or publicly traded securities. The discussion clarifies the critical distinction between owning a percentage of a business entity versus owning the underlying assets themselves. Alex details the two primary approaches to valuation—net asset value and income analysis—and how they apply to different types of business structures. Whether you're planning your estate or simply curious about business valuations, this episode provides valuable foundational knowledge about how professionals determine what complex assets are truly worth.   Time-stamped Show Notes: 0:00 Introduction 3:14 To kick things off, we talk about why asset valuation matters in estate planning, particularly for complex assets. 4:35 Next, Alex explains his focus on closely held companies and non-publicly traded entities. 6:24 Now, we will dive into common valuation scenarios, particularly for privately held businesses and real estate holding partnerships. 8:02 Listen here for an explanation of real estate holding partnerships and how they differ from direct property ownership. 11:07 Learn about understanding net asset value as a critical starting point for business valuation methodologies. 12:54 Discover the important concept of discounting in valuations and why the sum of parts may not equal the whole value.

In this episode, Motheo is joined by Lieze-Mari Brink (from Investec's tax and fiduciary team), Nirvashni Rajkumar (an Investec financial adviser) and Nikki Bush (best-selling author and women's empowerment champion). They simplify the complexities of estate planning, outline the responsibilities of executors and they highlight the importance of having clear and detailed records. These are just some of the emotional and logistical challenges involved in winding up an estate. Their discussion also stresses the importance of having a well-prepared will, including letters of wishes, to help guide your loved ones and prevent conflicts. Keeping your records organised can make things much easier for your family when the time comes. Everything Counts is a bi-weekly podcast series that focuses on money and financial wellness. Hosted by 702's Motheo Khoaripe, each episode tackles various aspects of personal finance, including saving, spending, investing, pitfalls to avoid and tricks to succeed. The podcast aims to provide valuable information and expert guidance to help listeners improve their financial well-being. Key moments: 00:00 Introduction 01:56 Obtaining a death certificate 03:14 Timelines for wrapping up a deceased estate 05:06 Nikki Bush's experience with estate planning 07:53 Liquidity planning for your estate 08:50 How your marriage regime impacts your deceased estate plan 10:04 The value of a life insurance policy after death 11:06 Why estate planning is essential for everyone 11:47 The importance of having a financial advisor 12:14 The importance of sharing information with family in case of death 14:10 The quickest ways to wind up an estate efficiently 16:51 How to appoint an executor 17:45 The role of an executor in deceased estate administration 18:01 The complexities of nominating a family member as your executor 21:16 What should be in your will? 21:32 A will vs a letter of wishes 22:57 Organising your most important documents 25:22 Investec's Life File checklist 26:01 Critical documents to have on hand Investec Focus Radio · Listen to the full series · Investec Private Vault

Today, we're diving headfirst into the nitty-gritty of estate planning with our special guest, Kristen Luce, Partner at Coughlin and Gerhart, LLP, who knows this stuff like the back of her hand. Our episode kicks off with a casual banter that sets the tone for a relaxed yet informative discussion. Kristen shares her journey and passion for helping clients navigate the often murky waters of estate planning. Together we discuss how many people feel overwhelmed and hesitant to start their estate planning because, let's face it, nobody wants to think about their mortality. But Kristen reassures us that it's all about getting organized and taking proactive steps. We touch on the importance of having a good team in your corner—fee-only financial planners and attorneys who actually communicate and work together.Together, we unravel the mystery of why having a solid estate plan is essential, especially when life throws curveballs your way. We tackle the common misconceptions that make people hesitant to seek professional help and why you should throw your trust into the hands of someone who knows what they're doing (spoiler alert: it's not always the first Google result). Kristen explains how you should navigate the legal labyrinth of financial planning, ensuring you don't end up in a pickle when it counts the most.Takeaways:Ditch the Suits podcast is all about sharing financial insights that the industry prefers to keep hush-hush, helping listeners navigate their money matters like seasoned pros. The transition to Patreon is a game-changer, making past episodes accessible and ensuring you never miss out on new content, so hop on board! Estate planning isn't a one-size-fits-all process; it's crucial to work with an attorney who gets your unique situation and crafts a plan that truly reflects your wishes. Clients often struggle to get organized for estate planning, but with a solid questionnaire and guidance, the process can be smoother and less daunting than you think! Understanding the legal side of financial planning is essential, especially during tough times, as it helps to ensure your family's stability and peace of mind in the future. Communication is key in estate planning; a good attorney listens to what's important to you and explains things in plain English, avoiding the dreaded legalese. ________________________________________Ms. Luce joined Coughlin & Gerhart, LLP in 2007 and is a partner with the firm. She is chair of the firm's Trusts & Estates Practice Group. Ms. Luce's practice is concentrated in the areas of Estate Planning, Trust & Estate Administration, Guardianships, Adoptions, Litigated Estate Matters, and Real Estate. She practices in the firm's main office, as well as the Owego branch office. She has been selected as a Rising Star among New York lawyers for Estate Planning from 2013 – 2018 by Upstate New York Super Lawyers magazine. In 2017 Ms. Luce was named in the 24th Edition of the Best Lawyers in America® in the practice area of Trust & Estates. Ms. Luce has been given this award every year since 2017 (for the Best Lawyers in America© for Trust & Estates).Ms. Luce is a current member of the Broome County and New York State Bar Associations. She is a member of the New York Bar Association's Elder Law and Special Needs Section. Ms. Luce previously served on the Board of Directors to the local American Automobile Association (AAA) Club. She is a past Co-Chair of the Broome County Bar Association's Young Lawyers Committee. She served on the Board

In this episode of Absolute Trust Talk, hosts Kirsten Howe and Jessica Colbert delve into the latest twist in O.J. Simpson's long-running estate saga. The estate's executor has taken an unexpected step by filing a lawsuit against one of Simpson's heirs, claiming that a key Las Vegas property was secretly transferred out of the estate's control. As they speculate on the case, the hosts examine the potential motives behind this action—such as the strategic use of an LLC and homestead exemptions—and the significant implications for addressing Simpson's mounting debts, including those owed to the IRS. With a thorough exploration of the executor's critical role in managing and safeguarding estate assets, this episode is a powerful reminder of the complexities and repercussions of poorly executed estate planning. Whether you're drawn to high-profile legal drama or seeking insights to protect your legacy, this discussion provides valuable lessons for anyone navigating the intricate world of estate administration.   Time-stamped Show Notes: 0:00 Introduction 0:38 O.J.'s executor files a lawsuit against his son, Justin, alleging that a scheme was used—via an LLC—to shift ownership of O.J.'s Las Vegas home. 1:44 Next, Kirsten and Jessica dive into the discussion of the executor's responsibility to marshal assets, ensuring funds return to the estate, and an explanation of why attorney and administrative fees come before creditor and beneficiary payments. 4:18 Do you know about the Homestead Exemption? Listen in to explore how homestead exemptions protect home equity and their potential impact in this case. 6:06 Here, the discussion shifts to whether forming an LLC was a tactic to shield the property from IRS claims and the implications of such a move. 6:45 Finally, Kirsten and Jessica analyze the uncertainty surrounding Justin's actions and the possible motives behind the alleged asset transfer.

In this episode of Absolute Trust Talk, host Kirsten Howe and associate attorney Jessica Colbert explore the critical steps in getting a will admitted to probate. They explain why lodging an original, properly executed will with the county superior court is essential, and how witness testimony can authenticate the document. They also examine the pitfalls of relying on a photocopy—or finding out too late that the original has been lost or destroyed. Finally, they underscore the importance of keeping your estate documents organized to avoid future probate headaches. If you're preparing your first will or need to update an existing one, don't miss this critical conversation on ensuring your final wishes stand up in court.   Time-stamped Show Notes: 0:00 Introduction 0:40 When lodging the original will, did you know that you must submit the current wet-signed will to the county superior court (not an older or photocopied version). 1:48 Next, Kirsten and Jessica discuss how an attestation clause (witness statements under penalty of perjury) helps ensure the will is recognized by the court. 3:45 If your will is holographic (entirely handwritten), it requires an additional step: someone familiar with the testator's handwriting must confirm its authenticity. 6:37 If only a photocopy exists, the court may suspect the original was revoked or destroyed—making it crucial to keep track of the original.

Join Stefan Manche, Principal Lawyer and Head of Wills, Estates, and Succession Planning at Coulter Legal, as he dives into the complex yet essential world of estate administration. Together with guest Lauren Solomonson, this episode demystifies the legal and emotional challenges of managing a loved one's estate. From the initial steps after a passing to distributing assets, you'll gain a clear understanding of the process, common pitfalls, and expert advice to navigate this journey confidently. Whether you're an executor, administrator, or just curious, this podcast offers invaluable insights tailored to empower and inform.

What happens when family wealth meets family dynamics? Estate planning isn't just about assets—it's about navigating relationships, responsibilities, and the unexpected challenges that come with managing a legacy. In this episode, hosts Robin and Al welcome Andrea Love, President and CEO at Legacy Private Trust. The conversation delves into the complexities of estate planning, the role of independent trust companies, and the importance of having professional help in managing estates. Andrea shares insights on the challenges faced by executors, the significance of family dynamics in estate administration, and the need for open communication about financial matters within families. The discussion also highlights the accessibility of trust services for individuals of varying net worth and the importance of instilling values in future generations. Andrea's personal journey into the trust business adds a unique perspective to the conversation, emphasizing the importance of legacy and planning for the future."...this idea of a simple estate, it's not a thing." ~ Andrea LoveBrought to you by Aria Benefits and Life & Legacy Advisory Group

It's a new year—a fresh start to improve ourselves and deepen our understanding of finances, including topics we might shy away from, like legacy and estate planning. In this first podcast of 2025, Ben is thrilled to welcome back Ashley Harmon, a Lawyer specializing in estates. Ashley will explain why having a solid estate plan is essential for ensuring your assets are distributed according to your wishes, reducing legal complexities and taxes, and protecting your loved ones.  As a lawyer with Hogarth Hermiston Severs, Ashley is passionate about helping individuals secure their hard-earned legacies and pass them on to future generations in practical, tax-efficient ways. Her expertise spans Estate Planning, Probate, Estate Litigation, Estate Administration, Adult Guardianships, and Real Estate. 

NOTICE OF ESTATEADMINISTRATIONPROBATE COURT OF CLARKECOUNTY, ALABAMAESTATE OF APPLETON HAASO'MELIA, DeceasedCase No.: PC-24-082Take notice Letters Testamentaryhave been granted to the belownamed parties on the 29th day ofAugust, 2024 by the HONORABLEVALERIE BRADFORD DAVIS, Judgeof Probate of Clark County ProbateCourt, Alabama and that all partieshaving claims against said estateshould file the same with the ProbateCourt of said county within the timeallowed by law, or they will be barred.OLIVIA O'MELIA ITURBE, APPLETON O'MELIA WESTON and VIRGINIA O'MELIA COOK, as Co-Personal Representatives under the LastWill and Testament of APPLETONHAAS O'MELIA, DeceasedAttorney of Record:Robert J. Riccio, Esq.HAND ARENDALL HARRISON SALEP. O. Box 123Mobile, AL...Article Link

Are you prepared to name a successor trustee in your estate plan? Don't worry if you're unsure—this episode of Absolute Trust Talk will guide you through the process. We'll break down the most important traits to look for in a successor trustee, such as trustworthiness, reliability, and the ability to seek professional advice when needed. Plus, we'll share common pitfalls to avoid so you can make the best choice for your family's future.   Time-stamped Show Notes:   0:00 Introduction 0:50 What is a Successor Trustee, and why is naming one essential for your estate plan? 1:37 Trustworthiness is a critical quality when naming a successor trustee. Learn why it's so important. 2:30 The next trait to consider in a successor trustee is often underestimated. 3:05 Does your successor trustee need to live nearby? The answer might surprise you. 4:20 We've covered the must-have qualities, but here's a major red flag to avoid: Ego.

When asked to be a family member's trustee or executor, it's easy to immediately say yes out of love and a sense of duty. It's just some paperwork, right? How hard could it be? At Absolute Trust Counsel, we've seen the struggles trustees and executors face, particularly when they are family members. The role involves a heavy workload, significant responsibility, and the meticulous task of bookkeeping—often the most daunting part.   It's easy to overlook these critical aspects, which is why our goal for this episode of Absolute Trust Talk is to ensure you're fully informed. Whether you're currently serving as a trustee or executor, planning to take on the role, or considering appointing someone yourself, this episode is not to be missed.   Time-stamped Show Notes:   0:00 Introduction 0:40 Jessica begins by explaining the nuanced differences between a trustee and an executor, clarifying the roles of executor and administrator in this context. 1:50 Common misunderstandings arise about family members appointed as trustees or executors, particularly the amount of work involved. 3:22 Jessica highlights the significant level of responsibility that trustees and executors must shoulder. 4:40 While the workload and responsibility are critical, there's one particular challenge that stands out above the rest. Here's what you need to know. 7:12 We conclude by encouraging all trustees and executors to take these lessons to heart, ensuring they are fully prepared for their roles.

Alfred Ip and Kerby Lau share their experience working as a team in many contentious trusts & estate matters, touching on the initial motivation to embark on legal careers. They go on discussing the role of administrators, executors and trustees and their duties, highlighting the possible pitfalls and ways to manage conflicts, which sometimes can potentially lead to the removal of administrators. They also discuss responsibilities related to investment strategies and asset valuation and conclude talking about the importance of proper estate planning as a necessary tool to avoid future disputes and costly litigation. SHOW NOTES: 00:01:16 Trust and estate administration and problem-solving 00:11:39 Estate administration and fiduciary duties 00:18:29 Managing conflicts of interest in estate administration 00:24:19 Conflicts and removal of administrators 00:30:03 Assets valuation and investment strategies 00:45:54 Trustee duties and disputes amongst beneficiaries 00:55:23 Estate planning as key factor to minimize the risk of future dispute   More on Contentious Trusts & Estates: https://www.hugillandip.com/legal-services/contentious-trusts-estates/

This week on the Hull on Estates Podcast, with Jonathon Kappy and Diana McBey discuss pets and estate administration. We discuss read more about the case .

This program will provide an overview of the basic steps to administer the estate of a deceased person, including probate, paying debts, satisfying creditor claims, preparing income and estate tax returns, accountings, and the distribution of the decedent's assets.   Questions? Inquiries about program materials? Contact Trenon Browne at tbrowne@bostonbar.org

Erin C. Lewis specializes in all areas of Trusts and Estates Law as well as civil litigation, including but not limited to Estate Planning, Estate Administration and Guardianships. Erin has a statewide practice, handling matters in various counties. Erin received her B.A. magna cum laude, from Seton Hill University in Pennsylvania. Erin received her J.D., magna cum laude, from Florida Coastal School of Law. While attending law school, Erin was honored as Dean's Scholar every semester; was a member of the Honors Society; was a recipient of the Honors Merit Scholarship; was the recipient of “Best Cross Examination Award” while participating in the Trial Clinic; served as Pro Bono Student Director; served as Law Review Staff Editor; and served as Mentoring Vice President of the Academic Honors Program. Erin is admitted to practice in New Jersey and is a member of both the New Jersey Bar Association as well as the Bergen County Bar Association.Connect with Erin:Website: https://www.elewislegal.com/ Exciting news! Our $4,500 website promotion is now on sale for $2,250. This incredible deal includes an entire year of hosting, maintenance, and an online booking tool. Click here for ProWeb Legal Offer: https://lbms.us/product/proweb-legal-website-and-maintenance Check out our spring website promotion here: https://lbms.us/product/proweb-legal-website-and-maintenance/General Info: Need help with your law firm's digital marketing? Check out these case studies of some killer results we have gotten for law firms just like yours.Click here to review the case studies: https://lbmsllc.com/lp-attorneys/Click here for a free online presence report and marketing analysis. Connect With Us On Social Media:Facebook: https://www.facebook.com/lbmsllcInstagram: https://www.instagram.com/lbmsllc/Twitter: https://twitter.com/lbmsllcLinkedIn: https://www.linkedin.com/company/local-business-marketing-solutionsAlignable: https://www.alignable.com/fanwood-nj/local-business-marketing-solutionsConnect With Frank Directly on LinkedIn: https://www.linkedin.com/in/fdemming/YouTube: https://www.youtube.com/@lbmsllc

Noluthando Mthonti-Mlambo speaks to speaks to Co-Founder & Wealth Manager at Imvelo Welath, Siba Njoba about her journey with money in this week's edition of My Rands and Sense. Siba holds a Bachelor of Commerce Degree in Economics and a Post Graduate Diploma in Financial Planning, together with an Advanced Diploma in Trust and Estate Administration as well as a New Venture Creation Entrepreneurship qualification from the Wits Business School.See omnystudio.com/listener for privacy information.

Estate administration is a comprehensive process involving the management and settlement of a decedent's estate. This process can be complex, requiring a detailed understanding of legal procedures, fiduciary responsibilities, and tax implications. Below is an expanded discussion on each key component of estate administration, essential for those preparing for the Bar Exam. V. Estate Administration A. Probate Process and Alternatives to Probate Probate is the legal process by which a decedent's estate is administered, involving the validation of the will (if one exists), the appointment of an executor or administrator, and the oversight of the estate's distribution. The main steps in the probate process include: Filing a Petition: Initiating probate begins with filing a petition in the probate court in the jurisdiction where the decedent lived. This petition seeks to validate the will and appoint an executor. Notice to Heirs and Creditors: Following the petition, the court requires notice to be given to heirs, beneficiaries, and known creditors, informing them of the probate proceeding. Inventory and Appraisal: The executor or administrator must inventory the estate's assets and, if necessary, obtain appraisals to determine their value. Payment of Debts and Taxes: Before distribution to beneficiaries, the estate must pay any outstanding debts and taxes. Distribution of Assets: Remaining assets are distributed to the beneficiaries as directed by the will or, in the absence of a will, according to the state's intestacy laws. Alternatives to probate are designed to simplify or bypass the process, including: Joint Ownership: Assets owned jointly with the right of survivorship pass directly to the surviving owner(s). Payable-on-Death and Transfer-on-Death Accounts: Designations allow for assets to be transferred directly to named beneficiaries upon the owner's death. Living Trusts: Assets held in a living trust can be distributed to beneficiaries without going through probate. B. Appointment and Role of Executors and Administrators An executor, nominated in the will, or an administrator, appointed by the court in the absence of a will, plays a pivotal role in estate administration. Their responsibilities include: Collecting Assets: Identifying and securing all assets of the estate. Paying Debts and Taxes: Settling any outstanding debts and filing tax returns on behalf of the estate. Distributing Assets: Allocating the remaining estate assets to the rightful beneficiaries. Accounting: Providing a detailed account of their actions and the estate's finances to the court and beneficiaries. C. Collecting and Managing the Decedent's Assets This phase involves gathering all assets belonging to the decedent, including bank accounts, real estate, stocks, personal property, and life insurance proceeds not designated to a beneficiary. Assets must be safeguarded and managed prudently during the estate administration process, which may involve selling assets to pay debts or to distribute cash bequests. D. Payment of Debts and Taxes The executor or administrator is responsible for settling the decedent's debts, including funeral expenses, medical bills, and any outstanding loans. They must also file the final income tax return for the decedent and any estate tax returns that may be required. Estate assets are used to satisfy these obligations before distributions to beneficiaries. E. Distribution of Estate Assets After paying debts and taxes, the executor or administrator distributes the remaining assets according to the will's terms or, if there is no will, in accordance with state intestacy laws. This step often involves transferring titles, executing deeds, and ensuring beneficiaries receive their rightful shares of the estate. --- Send in a voice message: https://podcasters.spotify.com/pod/show/law-school/message Support this podcast: https://podcasters.spotify.com/pod/show/law-school/support

Holistic estate planning arguably has been, and remains, the definition of ‘so hot right now'. A key part of the story of strategic advisers, particularly as the entire baby boomer generation cohort enters the last phase of their life span, is probate and estate administration. This session will explore how financial advisers, accountants, risk advisers and other lawyers can leverage View's estate administration and probate platform to radically expand their holistic estate planning related offerings; and – arguably more importantly – get off risk. In particular, the webinar will step through all the key issues that advisers need to know in relation to delivering facilitated administration of any deceased estate, including: The main steps in obtaining probate Opportunities for advisers delivering facilitated estate administration solutions Pricing of estate administration products Examples and story sharing For access to more webinars and resources join one (or all) of the View Communities. Reminder to View Community members – join us in the FaceBook group for a deeper conversation about this topic and how you can leverage your learnings for your customers. Not a member? Learn about View's online mastermind communities below to see which one (or three) suits the needs of you and your business. Techniview: For advisers working in holistic estate planning (including trusts, asset protection, superannuation, tax and business succession)  Adviewser: For advisers wanting to facilitate legal solutions for their customers in holistic Estate Planning  Viewruption: For professional service providers wanting to iterate their business model (including abandoning timesheets) Related articles and resources: PODCAST: #56 – Adviser Facilitated Administration and Probate: the Seven Steps to Successfully Implement View's Turn-key Solution  PODCAST: #34 – Adviser facilitated Probate and Estate Administration Listen to View's previous episodes here.

“I believe it's my job and my purpose to assist in all matters and to eliminate any unnecessary stress during this emotional time, and to make the process as easy as possible.” That is from Dana Wieseman, Estate Administration Paralegal at Bellomo & Associates.   It's easy to see Dana's commitment and compassion for clients as she discusses her extensive experience in estate administration. Jeff and Dana talk about the relationships she has formed with families, helping clients during emotionally difficult times, and what people can expect from the probate process.     What You Need to Know    (02:46) After graduation with a specialized degree in the early 1990s, Dana took a position as a paralegal at a general practice law firm. She was exposed to different types of law and soon realized that she enjoyed estate administration. Dana joined Bellomo & Associates in 2020.  (04:42) Jeff and Dana created the firm's probate administration video. Clients and future clients (especially executors) are encouraged to watch the video because it explains the expectations, responsibilities, and potential liabilities that are part of probate.   (07:23) Probate is a process that occurs when a person passes away with assets in their name alone. The probate process ensures that the assets are handled in accordance with the terms of the decedent's will and the probate laws of the state.   (09:40) Dana loves meeting and working with families. Since she and her husband relocated to western PA, Dana works from home. So, while she cannot meet face-to-face with most clients, her expertise and capacity for empathy still enable her to develop a strong connection with families over the phone and via Zoom.    (13:41) There are pros and cons to working from home. You miss out on the traditional office structure and informal moments of camaraderie that develop unexpectedly. But, Dana likes not having to drive to work every day. And, she takes advantage of being able to quickly jump on her computer to check emails or do some work during downtime at home.  About Bellomo & Associates Jeffrey R. Bellomo, the founder of Bellomo & Associates, is a licensed and certified elder law attorney with a master's degree in taxation and a certificate in estate planning. He explains complex legal and financial topics in easy-to-understand language. Bellomo & Associates is committed to providing education so that what happened to the Bellomo family doesn't happen to your family. We conduct free workshops on estate planning, crisis planning, Medicaid planning, special needs planning, probate administration, and trust administration. Visit our website (https://bellomoassociates.com/) to learn more. LINKS AND RESOURCES MENTIONED Bellomo & Associates workshops:https://bellomoassociates.com/workshops/ Life Care Planning The Three Secrets of Estate Planning Nuts & Bolts of Medicaid For more information, call us at (717) 845-5390. Connect with Bellomo & Associates on Social Media Tune in Saturdays at 7:30 a.m. Eastern to WSBA radio: https://www.newstalkwsba.com/ X (formerlyTwitter):https://twitter.com/bellomoassoc YouTube: https://www.youtube.com/user/BellomoAssociates Facebook:https://www.facebook.com/bellomoassociates Instagram:https://www.instagram.com/bellomoassociates/ LinkedIn:https://www.linkedin.com/in/bellomoandassociates WAYS TO WORK WITH JEFFREY BELLOMO Contact Us:https://bellomoassociates.com/contact/ Practice areas:https://bellomoassociates.com/practice-areas/      

This week on Hull on Estates, Nick Esterbauer and Zahra Attir discuss the circumstances under which applicants applying for various Certificates of Appointment of Estate Trustees are required to post estate administration bonds. Conversely, they discuss circumstances under which posting such bonds may not be required. Follow us on social media: If you have any questions about an Estate matter, contact us at info@hullandhull.com.

In Episode 4 of Coulter Legal's podcast, "Death and your Will - Estate Administration Process," host Stefan and guest Sarah, Lawyer in the Coulter Legal Wills and Estates team, guide listeners through the complex process of estate administration. They cover the steps that executors should take, including obtaining a copy of the will, arranging the funeral, securing assets, and engaging a solicitor. They also explain what a Grant of Probate is, when it's required (and when it isn't), as well as how decisions are made about the deceased's assets. Anyone looking to understand the legal process of estate administration will find this episode informative and helpful.

Navigating the treacherous waters of Probate and Estate Administration can feel like a solo voyage in a storm. The intricate process can lead you off course, with potential pitfalls including court complications or even jail time if mishandled. Let us be your compass, guiding you safely through the intricacies of this legal labyrinth. We delve into the subtleties of what should and should not pass through probate, and expose the potential dangers of exposing assets to claims or seizures.We don't stop at the shore; we also venture into the complex terrain of dealing with claims. Uncover the secrets of recognizing a valid claim, and learn when it's appropriate to reject one. We also chart the statutory periods for making a claim and share strategies for negotiating claims to preserve the assets for the heirs. For those needing a more personalized map, we offer a free consultation to discuss your journey through Probate or Estate Administration. Tune in and let us navigate you through this potentially perilous journey.

Delve into the world of estate administration in the digital age with our guest, Ari Brojde, CEO of Estateably. Host Bryn Griffiths uncovers the secrets behind efficiently managing debts, distributing assets, and handling the ever-evolving landscape of managing and closing estates. Ari shares his journey, from recognizing industry pain points to creating a revolutionary software platform that simplifies the process for professionals and beneficiaries alike. Discover the importance of advertising for creditors, the rise of online filing, and the power of innovation in this captivating conversation. Get ready to gain overdue advice on estate administration in a digital world. Ari Brojde is the co-founder of Estateably, a tech company he started in 2018 with his cousin, Alex. After Ari and Alex's grandmother passed away, they realized the complexities of the estate administration process. Ari had a background in the financial services industry and had previously founded a tech company that aimed to improve collaboration among professionals in the industry. During the sale of that company, Ari received feedback suggesting that their document inventory system would be valuable in estate administration. Curious about to improve the slow process of settling estates, Ari reached out to lawyers, accountants, and wealth advisors to understand the challenges they faced. He discovered that the estate administration process was manual, labor-intensive, and lacked automation and collaboration tools. Seeing an opportunity to make this process easier, Ari and Alex founded Estateably to provide solutions for estate administrators.[00:00:55] Founded Estateably in 2018 to simplify estate administration process.[00:05:50] Difficult to find deceased's digital assets.[00:10:22] Executors benefit from dealing with claims up front, helping professionals and beneficiaries. Notice Connect revolutionized the advertising process for creditors, making it easier and cheaper. Ontario and Saskatchewan have adopted online filing, a trend that will continue.[00:13:17] 70% of Canadians die with debt. Estateably helps settle estates and track debt. Executors must file notices for creditors.[00:16:57] Listen to your customers, find deficiencies, innovate.[00:20:33] Being open to feedback, evolving vision, laser-focused.

Wondering what to do with your recently inherited property? Probate expert Marc Cormier (301-660-6272 x 711), representing Berkshire Hathaway Pen Fed Realty, can guide you through the next steps. Visit https://guidetoprobate.com for more details. Berkshire Hathaway Pen Fed Realty City: Bethesda Address: 10319 Westlake Drive Website https://guidetoprobate.com/ Phone +13016606272 Email Cormier64@gmail.com

Do you want professional real estate assistance with any aspect of the probate process in Maryland? Berkshire Hathaway Pen Fed Realty is here to help - with a full range of guides on everything you need to know! Find out more at: http://guidetoprobate.com/ Berkshire Hathaway Pen Fed Realty 10319 Westlake Drive #459, Bethesda, MD 20817, United States Website https://guidetoprobate.com/ Phone +1-301-660-6272 Email Cormier64@gmail.com

In this episode of Mastering Your Financial Life, Judy Heft interviews Keren Birnbaum, Founding Partner at Birnbaum Lewis, PLLC and Of Counsel at JLC & Associates. For over 10 years, Keren has advised clients on how to protect themselves, their loved ones and their business in the event of death, incapacity or disability. Her practice is concentrated in the areas of Estate Planning, Trust and Estate Administration and Elder Law. Keren provides personalized attentive service to her clients to put them at ease and help them achieve their goals. In 2022, Keren co-founded, with Jaime Lewis, Birnbaum Lewis, PLLC, a boutique law firm focusing in Estate Planning, Probate, Trust Administration, Elder Law, & Special Needs Planning. Tune into the episode to learn about Keren Birnbaum: * When one needs to begin thinking about their estate plan * Common estate planning mistakes * Necessary documents needed in an estate plan Connect with and learn more about Keren Birnbaum: * Connect with Keren on LinkedIn: https://www.linkedin.com/in/keren-g-birnbaum/ * Visit the Birnbaum Lewis website: https://www.birnbaumlewis.com/ * Follow Birbaum Lewis on Instagram: https://www.instagram.com/birnbaumlewis/ * Follow Birbaum Lewis on Facebook: https://www.facebook.com/BirnbaumLewis * Follow Birbaum Lewis on LinkedIn: https://www.linkedin.com/company/birnbaum-lewis/ In each episode of Mastering Your Financial Life, Judy Heft interviews professionals who help others successfully manage their financial lives. Judy is a Financial and Lifestyle Concierge and Founder & CEO of Judith Heft & Associates. Connect with Judy Heft on LinkedIn: https://www.linkedin.com/in/judyheft/ Visit Judith Heft & Associates' Website: http://www.judithheft.com/ Subscribe to Mastering Your Financial Life on Apple podcast https://podcasts.apple.com/us/podcast/mastering-your-financial-life/id1628822980 Don't miss a video by subscribing to Judith Heft & Associates' YouTube Channel: https://www.youtube.com/channel/UCxnWUm35dJhmCX0XPX_eZhQ

Mint's Satya Sontanam engages in a conversation with Abhishek Mathur, a partner with Luthra and Luthra Law Offices India. He takes care of private client, estate planning, real estate and general corporate practice matters in the firm. In this episode, Mathur explains why a will is important, the implications when someone dies without a will but orally communicated about distributing her assets, when the will should be registered and what it is meant by probating a will. Tune in for more insights.

After losing a loved one, you need probate specialists who can help you manage the paperwork and give you time to grieve. To learn more, read Berkshire Hathaway Pen Fed Realty's (301-660-6272) guide for Virginia residents.Visit https://guidetoprobate.com/how-probate-works/estate-administration-probate-in-virginia/ for more information. Berkshire Hathaway Pen Fed Realty 10319 Westlake Drive #459, Bethesda, MD 20817, United States Website https://guidetoprobate.com/ Phone +1-301-660-6272 Email Cormier64@gmail.com

“I receive great personal and professional satisfaction from helping families achieve their objectives, protect their assets, and cope during times of family crisis. I am also proud of the fact that we have become one of the most respected Elder Law, Special Needs, and Estate Planning firms in the country. Every day offers me a new opportunity to use my experience and knowledge to help families during difficult times." In this episode of Hilary Topper on Air, Hilary interviews Marie Elena Puma, partner at the Russo Law Group, P.C. Learn how Marie Elena got her start, her areas of concentration, and why she loves working where she does now. About Marie Elena Puma Marie Elena is a Partner of Russo Law Group, P.C. The firm is located in Garden City, Islandia, and Lido Beach, NY. Marie Elena joined the firm in 1991. Her areas of practice include Trust and Estate Administration, Elder Law, Special Needs and Estate Planning, Guardianships, and Real Estate. Marie Elena is a member of the New York State, Nassau and Suffolk County Bar Associations, the Academy of Special Needs Planners, ElderCounsel, and has served as a member of the Executive Committee of the Elder Law Section of the New York State Bar Association (NYSBA) from 2004-2011. She is a former Co-Chair of the Legal Education Committee, former Chair of the Trusts and Estates Administration Committee, former Chair of the Estate Tax Planning Committee, and former Co-Chair of the Trusts and Estates Administration Committee for the New York State Bar Association's Elder Law Section. Marie Elena was also the Chair of the 2010 Annual Meeting for the New York State Bar Association's Elder Law Section. In addition, Marie Elena is a member of the National Academy of Elder Law Attorneys (NAELA). She was a former Chair of NAELA'S Member Relations/Membership Committee, a former Chair of NAELA'S Academic Committee, and continues to be actively involved with NAELA. She also moderates monthly Alzheimer's/Dementia Caregiver Support Groups through the Alzheimer's Disease Resource Center at the firm. In 2010, Marie Elena was nominated to the Board of Directors of NAELA National. She has also served as a member of the Board of Directors of the New York Chapter of NAELA. She earned her law degree at St. John's University School of Law and is admitted to the New York State Bar. About the Russo Law Group, P.C. The Russo Law Group has been serving the Long Island community for more than 35 years. They concentrate their practice on Elder Law, Estate Planning, Special Needs Planning, Trust and Estate Administration, and Real Estate Law. If you are looking for peace of mind, The Russo Law Group is here for you. Their asset protection plan and recommendations on elder law, special needs, and estate planning will protect you and your family. For more information about their services and areas of practice, check out this FREE Planning Guide. The Planning Guides offers information on some of the many Legal and Financial issues that families are facing. It will also provide you with some answers and show you how they can help. Please request their free planning guides and they will send them through email or regular mail or visit www.vjrussolaw.com for more information.

This week on Hull on Estates, Jonathon Kappy and Sara Moledina discuss three changes to the purchasing and taxation of real estate that come into force in 2023, and how they might affect Estates. Namely, the Vacant Home Tax, The Prohibition on the Purchase of Residential Property by Non-Canadian's Act, and the Anti-Flipping Tax. Follow us on Social Media.

Dr. Dani Gordon the founder of Resilience Clinic is a double board-certified medical doctor, author and world-leading expert in integrative and cannabinoid (yes as in cannabis but the legal kind for medical use by prescription!) medicine. She has over 10 years expertise treating 1000s of patients first in North America and now in the UK,...

Jacqueline assists clients with non-contentious cross-jurisdictional probate and estate administration legal matters, as well as estate planning and drafting wills for high net-worth individuals. Learn more about her: https://www.hugillandip.com/solicitors/jacqueline-cheng/

Grow Your Business Grow Your Wealth Podcast Show Notes    The Grow Your Business and Grow Your Wealth podcast with Gary Heldt  Episode 111 Attorney Candance Dellacona   For the last 20 years, Offit Kurman Principal Candace Dellacona has focused her law practice on Estate Planning, Asset Protection Planning, Elder Law, Estate Administration, Special Needs Planning and advocacy.    Ms. Dellacona maintains a robust Elder Law practice in which she advises families whose loved ones require long-term care while protecting their life savings. As an advocate for the elderly, Candace strives to assist her clients in remaining independent for as long as possible and living their remaining years in comfort and dignity.     Ms. Dellacona also works closely with families to navigate the complicated probate and estate administration process to ensure that a loved one's estate is administered efficiently and properly.    Listen to this informative Grow Your Business and Grow Your Wealth. Podcast Episode 111 with Guest Attorney Candace Dellacona on the importance of asset protection.   Here are some of the beneficial topics covered on this week's show: ●     Don't assume a will addresses all your asset protection needs. ●     Why a Will necessitates probate. ●     Common mistakes people make before speaking to an estate planning attorney. ●     Having a difficult conversation about death is essential to protecting your family. ●     Why you should regularly update your documents.       Connect with Guests Name: Website: https://www.offitkurman.com/ Twitter: https://twitter.com/OffitKurmanLaw Instagram: https://www.instagram.com/offit_kurman/ Facebook: https://www.facebook.com/offitkurman LinkedIn: https://www.linkedin.com/company/offit-kurman-p-a- Connect with Gary: Website: sbadvisors.cc/ Facebook: facebook.com/SmallBusinessAdvisors LinkedIn: linkedin.com/in/gary-d-heldt-jr-388a051/ Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's episode, I speak with Cheryl L. Katz Erato, who is a trusts and estates litigator and senior associate at Cona Elder Law. Cheryl shares some interesting stories about family disputes. We also talked about wills, trusts, probates, litigations much more. You can reach Cheryl via email at cerato@conalaw.com Or contact her at 1-631-390-5000 Cheryl's website page is https://conaelderlaw.com/about/attorneys/cheryl-l-erato-esq/ Cheryl's LinkedIn is https://www.linkedin.com/in/cheryl-l-katz-erato-6312b55a/ My email is gbcoyle@thecoylegroup.com Please contact me if you have an interesting story you'd like to tell on this podcast.

I spoke with Leah Del Percio, the co-founder and CEO of Trustate, an estate administration platform. We discussed the genesis of Trustate, how it helps lawyers and law firms with their probate and estate administration practices, adapting the skills of a lawyer to the role of CEO of a legal tech company, and the opportunities for growth in legal technology.

Simon Wright, Managing Director of The Honey Group, a company that he helped to create upon entering the legal sector in 2009. The Honey Group is one of the largest estate planning companies in England and Wales. Since 2016, Simon's company, The Honey Group has recorded over £12 million in legacy donations to U.K charities...

One will or two? The impacts of forced heirship on assets in civil law jurisdictions and benefits of EU Succession Regulation in cross-border estate planning. The American College of Trust and Estate Counsel, ACTEC, is a professional society of peer-elected trust and estate lawyers in the United States and around the globe. This series offers professionals best practice advice, insights and commentary on subjects that affect the profession and clients. Learn more in this podcast.

Kevin Daisey chatted with Cornelius (“Neil”) J. O'Reilly, the Managing Partner at The O'Reilly Law Firm in Staten Island, New York. Neil is an attorney whose practice is focused in the areas of Estate Planning, Estate Administration, and Business Succession Planning. He is a proud member of the American Academy of Estate Planning Attorneys, a national organization comprised of attorneys concentrating on estate planning and dedicated to providing clients with the highest quality legal service and finest client experience. He is also a member of the New York Bar Association and New Jersey State Bar Association. Learn from his expertise and what trends are helping grow his firm on this episode of The Managing Partners Podcast! —- Array Digital provides bold marketing that helps managing partners grow their law firms. arraylaw.com Follow us on Instagram: @array.digital Follow us on Twitter: @thisisarray Call us for a FREE digital marketing review: 757-333-3021 SUBSCRIBE to The Managing Partners Podcast for conversations with the nation's top attorneys.

DISCLAIMER: THIS SHOW IS FOR INFORMATION PURPOSES ONLY AND DOES NOT SUBSTITUTE LEGAL ADVICE, EACH CASE IS DIFFERENT FOR ADVICE PLEASE CONSULT AN ATTORNEY. Nick Khalifeh Esq Practice Areas Real Estate, residential and commercial transactions Estate Planning, Trusts, and Estates. Probate and Estate Administration. https://www.luriestrupinsky.com/attorney/khalifeh-nick-esq/ Contact Nick at: Nick@LurieStrupinsky.com Phone #:917-717-5007 DISCLAIMER: THIS SHOW IS FOR INFORMATION PURPOSES ONLY AND DOES NOT SUBSTITUTE LEGAL ADVICE, EACH CASE IS DIFFERENT FOR ADVICE PLEASE CONSULT AN ATTORNEY.

DISCLAIMER: THIS SHOW IS FOR INFORMATION PURPOSES ONLY AND DOES NOT SUBSTITUTE LEGAL ADVICE, EACH CASE IS DIFFERENT FOR ADVICE PLEASE CONSULT AN ATTORNEY. Nick Khalifeh Esq Practice Areas Real Estate, residential and commercial transactions Estate Planning, Trusts, and Estates. Probate and Estate Administration. https://www.luriestrupinsky.com/attorney/khalifeh-nick-esq/ Contact Nick at: Nick@LurieStrupinsky.com Phone #:917-717-5007 DISCLAIMER: THIS SHOW IS FOR INFORMATION PURPOSES ONLY AND DOES NOT SUBSTITUTE LEGAL ADVICE, EACH CASE IS DIFFERENT FOR ADVICE PLEASE CONSULT AN ATTORNEY.

For this week's episode of Crossing Borders, we're revisiting one of our greatest hits episodes featuring Caterine Castillo, CEO and co-founder of Neivor.In Latin America, a building manager typically has to handle thousands of apartment units and tenants. This means simultaneously dealing with building maintenance, reconciling payments, and meeting tenant and landlord requests. Currently, this is done manually with pen and paper, maybe an Excel spreadsheet or through WhatsApp which leads to inefficiencies and unhappy residents. Caterine Castillo, Neivor's co-founder and CEO, is trying to make living in Latin America's apartment buildings and condos better. Neivor is a vertical SaaS platform that simplifies condo fee collections and streamlines management and communication between residents, property owners, and building managers. Neivor processes tens of millions of payments per month and help manage 3000+ apartment buildings in Mexico, Colombia, and Ecuador.I sat down with Caterine to talk about the pain points of property management in Latin America and the differences in Neivor's reception between the Colombian and Mexican markets. We also talk about her experience in finance before becoming a founder and what it was like fundraising for the first time.Growing Neivor's teamOne of the biggest lessons Caterine learned from working at corporations was managing large teams. These skills are extremely critical in Neivor's roadmap with a team that is currently growing from 18 employees to 75 in under a year. Caterine also explained that hiring won't solve a company's problems immediately. It's important to understand that people are managing a big learning curve when they join a new team. Listen to this episode of Crossing Borders to learn more about Caterine's main takeaways from her experience working in corporations. The importance of connections in VCCaterine's first fundraising experience was with Neivor. She explains that having a great solution and an underserved market with low-hanging fruit sometimes isn't enough. Having the right connections is key. She had connections in the corporate world, but not in the VC world. Besides funding, Caterine considers that those first warm introductions are game-changers for any entrepreneur that is new to the space.Learn more about Caterine's fundraising journey with Neivor and the connections that were key to their growth in this episode of Crossing Borders.Property management: Colombia versus MexicoExpanding to a new market in another country involves a lot of risks. Consulting with others who have done it before can be really helpful. However, there's so much more insight that can be gained from being on the ground and talking to clients before making a decision to expand. During her time in Mexico, Caterine discovered that their target market was much more receptive to Neivor's product, requiring a different marketing approach than in Colombia.Check out this episode of Crossing Borders to learn more about the differences between the Colombian and Mexican property management markets. Caterine Castillo brings her expertise in business development, sales, marketing to propel Neivor's solution forward in Latin America. Her innate passion for team building and creating solutions that disrupt the market will be key to Neivor's success. Outline of this episode:[2:34] - About Neivor[5:20] - Dealing with fraud[6:35] - Where Neivor operates[7:02] - Becoming an entrepreneur[8:20] - From fintech to founder[9:14] - Biggest lessons learned in fintech[10:24] - Growing Neivor's team [13:40] - Fundraising process[15:30] - Jumping to Mexico[18:00] - How to sell in Mexico[20:27] - Books, blogs, and podcast recommendations[21:20] - Caterine's advice to her younger self[22:09] - What's next for Neivor? Resources & people mentioned:Caterine CastilloNeivorBooks: The Hard Thing About Hard Things, Lean In

Shanelle Edmonds Esq is a family lawyer whose wise beyound her years. She breaks down today in this episode how to legally Sue the side chick for destroying your Marriage. Can I sue the ‘ side chick ' for destroying my marriage? Is that even legal? Shanelle Edmonds Esq, Family Lawyer Explains How To Sue the Side Chick. Good news is you may be able to sue the side chick and line your pockets with sweet revenge! Attorney Shanelle Edmonds shares about family law and what your rights are as a spouse. Who is Shanelle Edmonds Esq? Shanelle is an attorney in the Pittsboro, North Carolina area and surrounding counties. She believes in working closely with clients to advise, counsel, and represent them in various legal matters such as Family law, Estate Administration, Civil Litigation, and business needs. A strong supporter of mentorship and building up those in her community, Shanelle mentors incoming first-year law students to promote their academic success. She has also coordinated the annual HBCU Pre-law Summit at North Carolina A&T State University to engage minority students in their ability to achieve success in a law school environment. She has also spent time in Port Au Prince, Haiti with the North Carolina Bar Association's Haiti Committee to build a liaison between Haiti and North Carolina to strengthen Haiti's economic stability and business expansions. She is currently planning and engaging in various webinars to support and uplift young advocates trying to enter into the legal profession. Thinking about suing a side chick? Let us know

DISCLAIMER: THIS SHOW IS FOR INFORMATION PURPOSES ONLY AND DOES NOT SUBSTITUTE LEGAL ADVICE, EACH CASE IS DIFFERENT FOR ADVICE PLEASE CONSULT AN ATTORNEY. Nick Khalifeh Esq Practice Areas Real Estate, residential and commercial transactions Estate Planning, Trusts, and Estates. Probate and Estate Administration. https://www.luriestrupinsky.com/attorney/khalifeh-nick-esq/ Contact Nick at: Nick@LurieStrupinsky.com Phone #: 917-717-5007 DISCLAIMER: THIS SHOW IS FOR INFORMATION PURPOSES ONLY AND DOES NOT SUBSTITUTE LEGAL ADVICE, EACH CASE IS DIFFERENT FOR ADVICE PLEASE CONSULT AN ATTORNEY.

DISCLAIMER: THIS SHOW IS FOR INFORMATION PURPOSES ONLY AND DOES NOT SUBSTITUTE LEGAL ADVICE, EACH CASE IS DIFFERENT FOR ADVICE PLEASE CONSULT AN ATTORNEY. Nick Khalifeh Esq Practice Areas Real Estate, residential and commercial transactions Estate Planning, Trusts, and Estates. Probate and Estate Administration. https://www.luriestrupinsky.com/attorney/khalifeh-nick-esq/ Contact Nick at: Nick@LurieStrupinsky.com Phone #: 917-717-5007 DISCLAIMER: THIS SHOW IS FOR INFORMATION PURPOSES ONLY AND DOES NOT SUBSTITUTE LEGAL ADVICE, EACH CASE IS DIFFERENT FOR ADVICE PLEASE CONSULT AN ATTORNEY.

We spend a lot of time talking about creating a trust and estate plan, but what happens after the plan goes into effect, and how does it get administered?  Dave and Jessica from Monument Wealth Management host Leah Del Percio, founder of Trustate, to discuss the challenges of estate administration and what you can do now to help your loved ones. Check out www.trustate.com for more info, as well as Trustate's booklet on what to do when someone dies. Learn more about Monument Wealth Management at www.monumentwealthmanagement.com Important Disclosures:  https://monumentwealthmanagement.com/disclosures 

Jacqueline Cheng and Alfred Ip discuss the main steps in estate administration: collection of assets, payment of debts and liabilities and distribution of the estate assets to the beneficiaries. They also talk about essential considerations and recurrent complications related to different types of assets and the administration process, in Hong Kong as well as touching upon estates which include overseas components.   SHOW NOTES: 01:37 Identifying the assets of an estate 03:18 Bank accounts 05:40 Safe deposit boxes 06:59 Real estate 11:42 Public company shares 15:02 Company ownership 18:12 MPF accounts 20:20 Salaries tax 22:40 Insurance policies 26:31 Foreign estates 28:23 Liabilities of an estate 31:39 Distribution of estate assets 37:12 Foreign estates

This week on Financial Planning: Explained host Michael Menninger, CFP welcomes Stacey McConnell, Esq. Stacey is an Attorney and head of the Estate and Trust department at Lamb McErlane PC. Stacey and Mike discuss topics ranging from executors handling an estate, to steps to help your administration after death.