Paralegal, Trust & Estates

New York, NY

Summary

The Legal Assistant, Trust & Estates works with the Trust & Estates lawyers in administering client estates, estate planning and trust accounting. 

Responsibilities

• Administer Estates, including identifying, valuing, collecting and distributing Decedent’s assets; preparation of estate tax returns and fiduciary income tax returns; maintaining accountings for estates and revocable trusts and preparing final accountings with receipts and releases; communicating with clients directly as well as with their banking representatives, investment advisors and accountants
• Prepare documents for probate and other Surrogate’s Court filings
• Prepare estate and gift tax projections and calculate available generation-skipping transfer tax exemption and CLAT, GRAT and QPRT illustrations
• Prepare spreadsheets reflecting alternative estate planning options
• Compile voluminous exhibits for tax filings and legal proceedings
• Prepare clients’ billing statements on a monthly basis
• Prepare incapacity documents
• Maintain Trust & Estates department client documents database and locked filing cabinets containing original documents, including Wills of clients
• Meet with clients and assist with execution of documents 

Qualifications

• Bachelor’s degree
• Minimum of 3 years’ relevant experience
• Substantial experience administering trusts and estates for ultra-high net worth individuals
• Strong interpersonal skills, including the ability to work effectively with all levels of staff
• Knowledge of Word and Excel computer programs
• Experience managing and mentoring staff
• Excellent written and verbal communication skills
• Excellent organizational and research skills
• Ability to manage multiple projects
• Strong operational, leadership, organizational, technical, and interpersonal skills
• Strong work ethic and flexibility to meet the demands of the position

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice. 

Compensation: $90,000.00-$120,000.00, plus overtime and bonus. 

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