Trusts And Estates Paralegal in Long Island, NY| LawFirmStaff

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Title : Trusts And Estates Paralegal

Location : New York - Long Island
Refer to Job # JXSZ729549


Trusts and Estates Paralegal Duties: In-depth understanding of probate and estate administration. Handle all aspects of trust and estate administration, including: marshaling assets and arrange for their valuation as necessary; maintaining and analyzing financial records; bill payment and checkbook balancing; computing and implementing the distribution of income and assets to beneficiaries and trust; and computing executor and trustee commissions. Surrogates Court practice: review and interpret wills and trust agreements; prepare and file all documents required to prove Wills; draft receipt and release agreements, disclaimers, affidavits, petitions; handle issuance and revocation of letters, trustee matters, settlement of judicial accountings and other miscellaneous proceedings including overseeing service on interested parties and charitable filings with the office of the Attorney General. Prepare federal and state tax returns and gift tax returns. Prepare judicial and informal fiduciary income tax returns and deadlines. Maintain familiarity with periodic changes in estate, trust and tax laws. Qualifications: Paralegal with 7+ years of trust and estate experience. Must be a well-organized, detail-oriented individual with the ability to prepare fiduciary accountings and tax returns. Familiarity with relevant property, tax, and trust and estate law concepts is a must, as well as post-mortem estate and income tax planning. Must have strong communication skills and be able to interface successfully with firm clients, partners, and associates as well as attorneys and professionals from other law firms, companies, financial institutions, foundations etc. Because work is frequently done with tight deadlines, must consistently produce an accurate work product while managing simultaneous projects and working independently to prioritize and complete assignments on time.
 
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