Trust & Estate Settlement Professional

LPL Financial•Cleveland, OH

About The Position

We are looking for a Trust & Estate Settlement Professional that will be responsible for administrative and operational duties associated with many facets of the Trust and Estate Settlement Process.

Requirements

2+ years of experience in the trust, legal, brokerage, investment management or accounting fields
2+ years of experience in trust and estate settlements.
Strong paralegal acumen related to trusts and estates
General knowledge of the administrative and operational components of trusts and estates

Nice To Haves

Bachelor's degree preferred
Organized and detail oriented
Strong verbal and written communication skills to tactfully and professionally interact with grieving families
Ability to work in a fast paced, complex environment and maintain own deadlines
Paralegal certificate preferred

Responsibilities

Responsible for a book of business
Gathering full inventory of estate and trust assets
Retitling bank accounts and other personal assets
Valuing and appraising marketable securities and illiquid assets as of date of death
Managing the sale of real and personal property
Paying specific bequests
Coordinating documentation for income and estate tax returns
Preparing distribution schedules to fund beneficiary distributions and sub-trusts
Manage court accountings
Responsible for executorships filed in multiple jurisdictions
Shepherd complex processes to clear contingencies related to acceptance of trust accounts
Collaborate with internal and external parties, consisting mostly of advisors, attorneys, and the outgoing trustee on trust matters.
Manage time sensitive matters relating to trust beneficiaries; our primary clients
Direct communication with beneficiaries
Fiduciary duties include but not limited to decisions relative to partial distributions