Role: Estate & Succession Planning Paralegal

Location: Troy, MI

Fulltime/Permanent

Description:

Provide support and assistance to the attorneys during all phases of probate, trust administration, estate, and gift tax planning & other estate planning matters.

RESPONSIBILITIES:
Estate Planning Matters
Generate estate planning documents for clients using HotDocs software, including Will, Trusts, and Durable Powers of Attorney.
Generate gift tax planning documents for clients, including irrevocable trusts and related documentation.

Trusts

Draft fiduciary income tax returns for trusts; inform trusts’ beneficiaries of the tax liability of their distributions via IRS Schedules K-1.

Draft gift tax returns

Prepare and maintain a calendar system for tax deadlines.
Evaluate assets (as of date of death and alternate valuation date); verify bank balances and prepare inventory.
Prepare accountings for estates and trusts.
Draft final settlement and order for final distribution.
Coordinate the transfer of assets into trusts, including bank accounts, stock transfers and real estate deeds.
Make income payments to trust beneficiaries.
Draft petitions and proposed orders as necessary.
Maintain financial records of trusts.

Guardianship/Conservatorship

Draft petitions to commence proceedings, personal well-being reports, notices of right to appeal annual and final accounts, restorations to capacity, and closing documents.
Prepare accountings for guardianship and/or conservatorship.
Conduct preliminary valuation of assets held by the ward/conservatee.

Estate Administration

Prepare and maintain a calendar system, noting important estate administration deadlines and court appearances.
Obtain the will and draft necessary documents to file will with probate court.
Draft documents to commence a probate proceeding; file the same with the probate court and act as liaison with court personnel while identifying interested parties by determining heirs, devisees, contingent beneficiaries and creditors.
Evaluate assets (as of date of death and alternate valuation date); verify bank balances and prepare inventory.
Arrange for notice to creditors to be published in a local newspaper.
Review creditor’s claims; present to estate representative for approval; transmit claims to the court.
File life insurance claims and other death benefit claims.
Obtain and review income tax returns and other financial records.

SKILLS AND ABILITIES:

Proficient in the use of on-line legal research services and legal resources
Excellent communication skills (both oral and written)
Must have sound judgment.
Must be able to work independently with minimal supervision.
Experience with tax software programs.

Job Type: Full-time

Pay: $65,000.00 - $77,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Free parking
• Health insurance
• Life insurance
• Paid time off
• Vision insurance
• Wellness program

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Work Location: On the road