Estate Administration Process: A Practitioner’s Guide
Includes a Live Event on 09/24/2020 at 2:00 PM (EDT)
Learn what to expect when you or a client loses a loved one and takes on the responsibility of administering the estate. We will review the types of estates, typical deadlines, and common assets you will encounter during the administration process with a specific focus on tax elections and forms related to the taxpayer’s death.
After this webinar you will be able to:
- Recognize how to advise clients on tax reporting obligations for a decedent and the estate and how to correspond with the IRS on behalf of a decedent
- Differentiate between the types of estates and common deadlines associated with a decedent's estate
- Recognize how to analyze the assets of the estate and identify proper techniques for claiming assets depending on titling and tax consequences
- Identify the importance of properly administering an estate in light of potential transferred tax liability to the executor
IRS CE: 1 Hours/Federal Tax Law
NASBA CE: 1 Hours/Federal Tax Law
CTEC CE: 1 Hours/Federal Tax Law
NSA ConnectED Webinar CPE Bonanza
Program Level: Basic
Advance Preparation: None
Delivery Method: Group-Internet Based
No refunds or exchanges for cancellations. For more information regarding refund, complaint and/or program cancellation policies, please contact NSA toll-free at 800-966-6679.
NSA is approced by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.
Klaralee R. Charlton
Klaralee Charlton is a Shareholder with Katz, Look & Onorato, P.C. She practices fiduciary tax, estate administration, and business transactional law. As part of her practice, Ms. Charlton guides clients through the process of administering a loved one’s estate including the collection, valuation, management and transfer of assets including financial accounts, real estate, and business interests with a focus on minimizing estate and income tax liability. She also works closely with trustees of ongoing trusts to ensure compliance and prepares clients’ fiduciary income tax returns annually. Klaralee has written and lectured on topics including estate and gift tax, fiduciary income tax reporting and U.S. regulations governing the valuation of small family businesses. She is an active member of the Colorado Bar Association, Tax Section and the Greater Denver Tax Counsel Association. She earned her J.D. in 2011 from the University of Utah, S.J. Quinney College of Law, her LL.M. in Tax Law from the University of Denver in 2013, and her B.A. in political science in 2009 from Bryn Mawr College. She is admitted to practice in both Colorado and Montana.