Steady Steps Forward; NY Estate Administration Basics for Professionals
Join the EPC for our Annual Holiday program from 4-5pm followed by an hour of networking with other professionals while enjoying some light snacks and a cash bar. Program presented by; Caroline Cercone, ESQ from Woods Oviatt Gilman LLP and sponsored by Heritage Christian Services.
Families often turn to their trusted advisors before they ever call a lawyer. This presentation gives attorneys, accountants, financial advisors, and other professionals a practical roadmap to New York estate administration. It explains the difference between probate and administration, how to sort probate from non-probate assets, who the key players are, and what an Executor or Administrator can and cannot do before the Surrogate's Court issues Letters. We will walk through a first-weeks checklist, strategies for finding assets and debts, the handling of bills and creditors, the court process and 7-month creditor period, key tax deadlines and 2026 exemption levels, and the most common causes of delay. The session closes with fiduciary best practices, planning tips for your own clients, and time for questions.
