DUBLIN--(BUSINESS WIRE)--The "Florida Rules on Closing the Estate and Filing the Final Tax Return" webinar has been added to ResearchAndMarkets.com's offering.
Learn steps to properly administer the closing of a probate estate and tax return.
Many estate administration professionals are able to prepare the opening pleadings and documents and know how to take the beginning steps to commence administration; however, many find that closing the estate can be a daunting process they are left with unresolved issues and are not sure of the next steps. Estates are open far longer than necessary or are administratively closed before the professional can help the fiduciary conclude administration and be properly discharged. This topic helps the persons responsible for closing the estate to understand what steps need to be taken in order to have the fiduciary discharged from further liability to the estate. This material will provide practical guidance on navigating the closing process and ensuring that all tax returns are timely filed.
Learning Objectives
- You will be able to describe the steps necessary to close a probate estate.
- You will be able to identify issues that need to be resolved in order to close the probate proceedings.
- You will be able to discuss the required tax returns and common issues in filing the final returns.
- You will be able to explain the importance of being properly discharged to the estates fiduciary.
Who Should Attend:
- Attorneys
- Estate & Financial Planners
- Accountants
- Presidents
- Vice Presidents
- Controllers
- Enrolled Agents
- Lending Professionals
Key Topics Covered:
- Tax Returns
- Income Tax Returns- Forms 1040/1041
- Estate Tax Returns-Form 706
- Gift Tax Return- Form 709
- Business Returns-Form 1065/Form 1120
- Other Issues
- Closing the Court Proceedings
- Payment of Debts, Expenses and Taxes
- Receipts and Reimbursements
- Proof of Same
- Distribution of Probate Assets
- Resolution of Outstanding Issues
- Litigation
- Valuation
- Fiduciary Misconduct
- Newly Discovered Assets
- Accounting
- Local Rules
- Completing the Matter
- Ongoing Administration
- Ensuring Payment of All Professionals
- Dealing With Non-Probate Assets
- Accounting
- Disclosure to Appropriate Parties
- Obtaining Releases/Discharges for Fiduciaries
For more information about this webinar, visit https://www.researchandmarkets.com/research/7rttlt/florida_rules_on?w=4.
