Trusts & Estates Paralegal

Summary

The downtown New York office of a premiere law firm seeks a Trusts and Estates Paralegal with about 2-3 years of experience.

Responsibilities

Trusts & Estates:

• Maintain Will and healthcare lists
• Maintain various ledgers for trusts.
• Maintain GRAT lists; update attorneys on deadlines.
• Assist Attorney’s in probate administration
• Estate duties arranging documentation necessary to maintain records
• Drafting of probate filings and all probate related documentation, including receipt and releases.
• Ensure that legal documents are processed and handled in a timely and efficient manner in order to comply with appropriate regulations and deadlines, correspond with courts re status of filings
• Gather tax information and prepare inheritance tax return
• Assist Fiduciary accountant in gathering financial information for accountings and tax returns.
• Responsible for the management, coordination, and administration of all aspects of trust accounts which include, but may not be limited to, revocable and irrevocable trusts under wills and other accounts
• Responsible for gathering information re insurance trust payments; updating trust ledger and preparing crummy notices for all insurance trusts
• Track and pay the quarterly estimated taxes for trusts.
• Request and forward payments from trust accounts

Foundation Duties

• Review requests, research charitable status of entities, prepare correspondence requesting check requests; forwarding checks.
• Maintain grant and pledge lists for each foundation; forward the same to President of foundation for review.
• Review all foundation mail
• Correspond with financial advisors refunds and update attorneys re the same.
• Gather information for 990PF return.

Requirements

The position is for a small department and under the supervision of a partner and senior associate. We need someone capable of keeping track of deadlines and meeting them on his or her own. A candidate must have a Bachelor’s degree and at least  2-3 years of experience in the practice area at a major law firm; must be proficient with Microsoft Word, Excel, Outlook, Powerpoint, e-filing, FileSite or DeskSite.