Wednesday, March 28, 2018 | 6:00 pm – 9:00 pm
Program Co-Chairs:
Regina Kiperman
RK Law PC
Bridget LaRosa
Fox Rothschild LLP
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This program is an introduction to the probate process in NYS and will include a review of the probate process, requirements, forms and pre-mortem preparation as well as to typical issues that arise in administering estates. There will also be a brief discussion of probate contests and 1404 depositions. Finally, there will be a review of why and how to avoid the probate process using revocable trusts and other legal entities.
Live Program & Webcast: $199 Member | $299 Nonmember
Small Law Firm: $99 Member -
David Goldstein
Shearman & Sterling LLPArlene Osterhoudt
Skadden Arps Slate Meagher & Flom LLP -
6:00 pm – 6:40 pm Probate Proceedings - Due Execution of Wills and Codicils
- Proof of Attesting Witness in Affidavit or Testimonial Form
Proceeding to Compel Production of Original Will & Lost Will Proceeding - Persons Who May Propound Will
Persons to Whom Letters Testamentary May Be Granted - Qualification or Renunciation of Nominated Executor
- Probate Petition
- Process or jurisdiction
- Notice of Probate
- Return Date, Decree and Letters
Bridget LaRosa
6:40 pm – 7:15 pm Contesting the Probate Proceeding - When is a guardian ad litem appointed.
- What if somebody has an issue with the Will? Guardian ad Litem
- (ii) Dealing with possible SCPA 1404 Examination of Witnesses and Attorney Draftsman
- Standing to Object to a Will
- SCPA 1404 Examinations
- Witnesses can render opinions
- Witnesses can render opinions
- Objections
Regina Kiperman
7:15 pm – 7:45 pm Administering the Estate - Spouse’s Right of Election
- Collecting Assets
- Claims and Administration Expenses
- Fiduciary’s Account and Distributing the Estate
David Goldstein
7:45 pm – 8:00 pm Break 8:00 pm – 9:00 pm Avoiding Probate - A Will vs. a Trust (capacity issues)
- Trusts
- Revocable Trust with a Pour Over will
- Advantages
- Privacy
- Management of Assets
- Avoid Probate/Ancillary Probate
- Limit Court Involvement
- No tax implications/Maintenance of Control
- Anatomy of a Revocable Trust
- Lifetime funding
- Advantages
- Irrevocable Trusts
- Revocable Trust with a Pour Over will
- Joint Tenancies / Joint Accounts
- TOD Registration/POD Designation
- Lifetime Gifting
- Clawback Issue
- IRA and Retirement Plan Benefits / Beneficiaries
- Digital Asset Planning
- Life Insurance Trust
Sample pour over will and Sample Revocable Trust
Arlene A. Osterhoudt - Due Execution of Wills and Codicils
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CLE Credit
NY: 3.0 skills
NJ: 3.3 general
CA: 3.0 general
PA: 2.5 general -
Sponsoring Association Committee: Trusts, Estates & Surrogates Court | Andrew S. Auchincloss, Chair
Sponsorship Opportunities are Available! Please Contact:
Maricela Alfonso | Membership and CLE Relations Associate | (212) 382-6608 | MAlfonso@nycbar.org______________________________________________________________