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Closing the Estate: Guidance on Executor Responsibilities, Probate, Asset Distribution, Final Tax Returns

Note: CPE credit is not offered on this program

A live 60-minute CLE video webinar with interactive Q&A

BARBRI Practice-Ready Webinar

Tuesday, July 15, 2025

1:00pm-2:00pm EDT, 10:00am-11:00am PDT

Early Registration Discount Deadline, Friday, June 27, 2025

or call 1-800-926-7926
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This CLE webinar will provide trusts and estates counsel and advisers guidance for navigating the processes for closing an estate. The panel will discuss marshaling assets, final accounting, fiduciary duties, asset distribution, and other required steps and procedures to properly close an estate. The panel will also provide insight on federal and state taxation and required forms.

Description

The closing and settlement of an estate can be complicated with a multitude of items to consider by attorneys such as marshaling and settling assets and debts, valuation and final accounting issues, distributions, and handling challenges from beneficiaries. Attorneys must understand the estate closing and settlement processes and nuances in applicable federal and state law in order to properly close an estate.

Generally, settling and closing an estate after an individual's death requires the fiduciary to address certain issues and follow specific procedures to distribute the decedent's assets. This process can involve complications stemming from the marshaling, valuation, and distribution of assets which may result in claims from beneficiaries and creditors. Estate counsel must understand a variety of legal and procedural challenges to properly account for any potential issues in settling and closing an estate and avoid liability for fiduciaries and beneficiaries.

Listen as our panel discusses the steps in the estate closing and settlement process, the marshaling of assets, valuations, distributions, accounting and taxation, and other critical items that must be considered.

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Outline

  1. Fiduciary duties and liability
  2. Marshaling assets and making distributions
  3. Federal and state taxes and final tax returns
  4. Best practices and pitfalls to avoid

Benefits

The panel will discuss these and other key issues:

  • What are the fiduciary duties and pitfalls to avoid in closing an estate?
  • What issue may arise in marshaling assets and making distributions?
  • How do you manage issues or challenges from beneficiaries?
  • Navigating accounting and necessary tax forms and filings
  • What are the most common obstacles in closing an estate and methods in handling them?

Faculty

Bourque, Matthew
Matthew A. Bourque
Managing Attorney
RMO

Mr. Bourque serves as Managing Attorney of RMO LLP’s Dallas and Houston offices. He focuses his practice on...  |  Read More

Attend on July 15

Early Discount (through 06/27/25)

Cannot Attend July 15?

Early Discount (through 06/27/25)

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video