Private Wealth Paralegal

Private Wealth Paralegal Chicago IL

Job ID : 20196

The Private Wealth Paralegal is responsible for providing paralegal support and assistance to attorneys in the management, coordination, and administration of all aspects of trusts and estates in probate within established administrative procedures. This position requires appropriate client and advisor contact. Maintains professionalism and strict confidentiality in all client and firm matters.

This role offers a hybrid work model, allowing the flexibility to work both on-site and remotely on a regular basis.

Essential Duties and Responsibilities include, but may not be limited to, the following. Other duties may be requested and / or assigned. Essential functions are primary job duties that an individual must be able to perform successfully with or without a reasonable accommodation. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Oversee all aspects of trusts and estates in probate.
• Prepare and file probate documents in order to open and / or close estates, as well as prepare all requisite documents relative to trusts and estates in probate.
• Collect and distribute estate / decedent's assets by contacting banks, brokerage houses, and appraisers. Prepare receipts and releases. Open, establish, and maintain estate checking accounts.
• Compile all information required to prepare gift and estate tax returns. Prepare and file Illinois state and federal estate tax returns including the court inventory. Review completed tax returns, prepare checks, obtain necessary signatures, and forward to the IRS. Forward executed tax returns to accountants; maintain archival files.
• Coordinate asset transfers and funding of trusts. If necessary, communicate with necessary parties relative to appropriate funding.
• Prepare for federal audit or state gift / estate tax audits.
• Research and investigate any requests, problems or issues, and resolve with appropriate parties.
• Prepare initial drafts of client correspondence and memos.
• Responsible for client contact and communication to clients.
• Perform file organization and maintenance.
• Maintain up-to-date time reports to ensure accurate client billing.

Supervisory Responsibilities

Knowledge, Skills and Abilities

For our Chicago Office, the annualized salary range for this position is $100,000 to $130,000. Actual pay will be adjusted based on experience and other job-related factors permitted by law.

We offer an outstanding benefit package which includes : medical / dental / vision, 401k with employer contribution, parental leave, transportation fringe benefit program, back-up care option, generous paid time off policy, and long-term and short-term disability policies.

If you are interested in this position, please send your resume, cover letter, and salary expectation to Naomi Muldowney nmuldowney@friedmanwilliams.com

Tagged as : Private Wealth Paralegal

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