Surgent's How to Settle an Estate - An Overview (PDF Download)

Overview

This course discusses the legal issues in probating and contesting a will, plus the practical issues involved when settling an estate - marshaling of assets, payment of creditors, and distribution and accounting to beneficiaries. Inventory of estate assets is also discussed.

Highlights

• Process of estate administration, including the basics of creating the estate, the role of the executor, and how to probate a will
• Steps to take immediately upon the death of the decedent and the importance of inventorying the estate assets
• Problems associated with the distribution of estate assets
• Utilizing family settlement agreements

Prerequisites

None

Designed For

Accounting and Financial Professionals who wish to assist in settlement of an estate, regardless of size

Objectives

• Describe the process of estate administration, including the basics of creating the estate
• Identify the steps to take immediately upon the death of the decedent
• State the problems and pitfalls associated with the distribution of estate assets
• Know what to do when faced with legacies of solvent and insolvent estates

Preparation

None