Thursday, November 2, 2023
10:15 AM
to
11:15 AM
Back to Event
Presented by the Business Law, Estates and Probate, and Tax Sections
About the Program
The Estate of the musician, Prince, was one of the most complicated probate proceedings that the State of Minnesota has ever seen. The presenters, who represented the personal representative of Prince’s estate through all stages of administration, will cover the following tax and non-tax topics:
- Paternity presumptions in parentage acts versus their application in the probate code
- Dealing with complicated family dynamics and difficult beneficiaries
- Identifying and valuing rights of publicity
- A walk-through the IRS’s notice of deficiency, highlighting various valuation issues of interest
- Issues relating to S corporations owned by estates
- Transfers of beneficial interests during an estate administration
- Mechanisms for distributing assets at termination of a complex administration
You Will Learn
- An understanding of a variety of estate administration topics through the lens of a high-profile, complex estate
- A variety of tax issues in administering an estate (including fiduciary income tax, S corporation tax issues, and estate tax issues)
Who Should Attend
Estate planners, accountants who work with estates, fiduciary litigators, corporate fiduciaries
Credit
CT: 1.0 CLE Credit (General)
NY: 1.0 CLE Credit (AOP
The Connecticut Bar Association/CT Bar Institute is an accredited provider of New York State CLE. This program qualifies for newly admitted and experienced attorneys CLE credits.
Attorneys seeking NY CLE credit who have been admitted to the New York State Bar for two years or less must attend the live seminar for skills or ethics credit, a fully interactive videoconference, or simultaneous transmission with synchronous interactivity. Diversity, Inclusion and Elimination of Bias CLE credits are only available as non-transitional credits. For further information please see the NYCourts.gov page on CLE: http://ww2.nycourts.gov/attorneys/cle/index.shtml.