Estate and Probate Administration
Course Number: ABA
Course Code: ABA
Describes the steps in the estate settlement process and matters requiring immediate attention. Explains factors that determine if probate is required and identifies parties with an interest in the estate and documents to be filed. Describes fiduciary responsibilities in estate administration, including deadlines, protecting assets, paying claims against the estate, asset management, income tax obligations, and distribution responsibilities.
What You’ll Learn
After completing this course, students will be able to:
- Describe the estate settlement process and the matters that require attention before opening an estate
- Determine if probate is required and identify documents to be filed
- Explain duties of a fiduciary professional in estate administration
Audience: Trust officers with at least three years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs.