Job Description
Job Description
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. Hybrid role 3 days on site and 2 days working remotely.
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.
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 ProS
- Experienced Attorney's will also be considered.