Estate Advisor

Job Summary

The Estate Advisor will be responsible for all phases of the administration of a specific book of assigned estates in accordance with Department and Firm policies and procedures.

Job Functions

• Estimates value of all assets of the estate, debts of the decedent, costs of administration and estate taxes to determine cash needs for estate.
• Collects all assets of the decedent and arranges payment of debts of the decedent and federal and state estate taxes, income taxes and other expenses of administration.
• Prepares federal, Massachusetts and other state estate tax returns.
• Participates in federal and/or state estate tax audits with the responsible attorney.
• Arranges for the distribution of the estate assets in accordance with the terms of the estate plan, applicable statutes and/or beneficiary designations, and originates trust-funding plan.
• In coordination with Estate Coordinator, prepares and files all probate forms and accountings for the estate with the applicable Registry of Probate.
• Consults with the responsible attorney on a continual basis to ensure the attorney is informed on all aspects of the administration and all procedural deadlines are met.
• Establishes and maintains an effective working relationship with the clients and related advisors and other professionals to obtain and provide information and respond to any concerns or questions.
• Participates in training and development initiatives, including outside and in-house educational programs, consultation with attorneys and colleagues.
• Maintains complete file for each assigned estate.
• Reports the status and issues relating to the administration of their assigned estates to the Trustee and/or Department Manager.

Essential Competencies

• Works proactively with others to support efforts within a department or function of the Firm.
• Organizes and prioritizes assignments and serves as a department liaison to ensure collaborative efforts result in meeting or exceeding goals and standards.
• Maintains current knowledge of trends and developments affecting the area of specialization.
• Uses innovative thinking and exercises sound judgment to achieve results.

Qualifications

• Bachelor’s degree in Finance or related field required or equivalent work experience.
• Five years of estate settlement experience.
• Exceptional written, oral, and interpersonal communication skills.
• Proven ability to think quickly in a fast-paced environment. Strong organizational, problem solving and analytical skills.
• Ability to work in a multi-task environment with minimum supervision.
• Proficient use of various software packages, including Excel, Word, Outlook, and PowerPoint. Knowledge of SE2 Trust Accounting System or similar, SEI/SWP, GEMS, TrustEase, CCH ProSystem FX, Zane Software, CCH ViewPlan, ZCalc, or similar systems beneficial.

Work Authorization

• Applicants must be legally authorized to work in the United States without the need for sponsorship by the Firm (either now or in the future).

Compensation And Total Rewards Package

Choate offers a comprehensive Total Rewards package to our business professional team members. The firm also offers comprehensive health and well-being benefits, personal and professional development, career growth opportunities and a collegial and supportive culture. The anticipated pay range for this role is listed below and represents our good faith and reasonable estimate of the salary range for this specific position at the time of posting. In addition, this role is eligible for a discretionary bonus based on performance. The actual offered rate for this position will be determined based on job-related, non-discriminatory factors, including but not limited to qualifications and experience, education, external market data and consideration of internal equity.

$125,000 - $175,000