CPA - medium firm
CPA - large firm
Enrolled Agent
Other
After the death of a family member, the surviving spouse and/or the children have many tax and financial issues to deal with. Because of their expertise and their knowledge of the family’s financial situation, CPAs and other financial advisors are ideally situated to assist in these matters.
Course Objectives:
- Review the process of distributing a decedent’s assets with a particular emphasis on the distinction between “probate” and “non-probate” assets and a discussion of disclaimer opportunities.
- Discuss the potential estate and income tax impact of death including the tax filing responsibilities and important tax elections.
- Consider the rules regarding distributions from retirement plans, including IRAs, with a view toward properly counseling the beneficiary(ies).
- Discuss necessary updates to the estate plans of the survivors including will updates and beneficiary designation changes.
Martin Finn
Lavelle & Finn LLP
Founding Partner
marty@lavelleandfinn.com
(518) 869-6227
Martin S. Finn, an attorney, and certified public accountant, is a founding partner of Lavelle & Finn, LLP. Mr. Finn counsels clients on estate, financial, tax, business, and elder law issues, including personal and corporate tax planning, business counseling, structuring of business transactions, estate administration, and estate and business succession planning.
Mr. Finn earned a B.B.A. from Siena College (1980), a J.D. from Albany Law School (1983), an LL.M. in Taxation from New York University (1989), is an AICPA-credentialed Personal Financial Specialist (2016) and is a National Association of Estate Planners & Councils Estate Planning Hall of Fame® Accredited Estate Planner® (Distinguished) Nominee (2019). He is a member of the American, New York State, Albany County, and Schenectady County Bar Associations; the American Institute of Certified Public Accountants; the National Academy of Elder Law Attorneys, Inc.; and the New York State Society of Certified Public Accountants.
Mr. Finn is a frequent lecturer and, with law partner John H. Lavelle, is a co-author of Cents & Sensibility: The Practical Guide to Money & Aging (iUniverse, 2006), and Estate Planning Techniques for Mid-Sized Estates (PESI, 2005).
Mr. Finn is Chair of the AICPA Conference on Tax Strategies for the High-Income Individual; Chair of the AICPA Sophisticated Tax Conference; Financial Officer of the Elder Law and Special Needs Section of the New York State Bar Association; Past Chair of the Board of Directors of the Capital Region Chamber Foundation; Chair of the Supervisory Committee and member of the Board of Managers of CAP COM Federal Credit Union; Member of the Board of Directors of The Schenectady County Community College Foundation; and Former Schenectady County Legislator (District 3), 2008-2013.
He is also an Adjunct Professor at Schenectady County Community College and past Adjunct Professor at Siena College, Albany Law School, and the University at Albany.
Mr. Finn is the 2005 recipient of the Fr. Benjamin Kuhn Award for his contribution to Siena College, the 2001 recipient of the Schenectady County Bar Association’s Lawyer in Service to the Community, the 1998 recipient of Professional Education System, Inc.’s Excellence in Education Award.
About Our Presenter
- CPE Credits
- Support and FAQs
- Terms and Conditions
- Privacy Policy
- CPAwebengage, Inc.