Estate and Trust Settlement Advisor

Empowering Financial Futures.

For more than 65 years, Glenmede’s independent ownership, innovation and unwavering commitment to our clients have made us a trusted partner for private wealth, endowment & foundation, and investment management clients.

Our people are invaluable. Through a team-oriented environment, your knowledge, expertise and varied backgrounds contribute to thoughtful innovation. Our culture fosters opportunities for continuous career growth and development in all areas of the organization. Working at Glenmede, you will experience the infrastructure and resources of a large firm combined with the client and employee focus of an independently owned boutique.

Private Wealth: Empowering the confident pursuit of purpose, passions and legacy through integrated wealth management.

To us, wealth is not static or one-dimensional. The complexities of wealth management require an integrated approach to anticipating, understanding and addressing unique client circumstances. Our team of experts partners with every client to personalize solutions that lead to exceptional outcomes. Our success is determined by the success of our clients.

This position will operate in a hybrid work environment, 1 day per week in the office (Philadelphia, PA).

OVERVIEW:

This role is responsible for supporting the Estate and Trust Settlement Group with a range of tax preparation and administrative tasks to facilitate the settlement of estates and related trusts. This role reports into the Director of Estate and Trust Settlement.

RESPONSIBILITIES:

Trust and Estate Expertise

• Monitor and address tax notices.
• Research various estate, gift, and trust related tax issues including generation-skipping tax issues.
• All facets of trusts and estate administration, including identification of assets, coordination of valuation, appraisal and collection of assets, identification of obligations and administration expenses, monitoring filing deadlines, preparation of spreadsheets and client communication.
• Ability to interpret wills and trusts to assure proper implementation of document terms.
• Understanding of fiduciary accounting principles.
• Provide expert analysis of our acts as trustee or executor on matters including, but not limited to, account fundings, receipts and disbursements.

Team Collaboration and Support

• Ability to perform death tax reviews and flag potential tax or administration related issues for relationship teams.
• Collaborate with relationship teams and provide advice regarding post-death administration of trusts.
• Liaise with Operations, Tax and Relationship Managers to ensure proper tax and statement reporting for accounts impacted by a client’s death.
• Support the estate settlement function with special projects as assigned including collection of assets, payment of estate expenses, statement reconciliation, assembly, and analysis of information necessary for completion of estate inventory, death tax returns, audits of tax returns and court accountings.

Firm Engagement

• Active engagement in department-specific and firm-wide initiatives to expand capabilities, create solutions to unmet business needs, improve client experience, or enhance processes.
• Ability and willingness to contribute to the advancement of team, office, and growth of the estate settlement practice at Glenmede.

REQUIRED QUALIFICATIONS:

• Bachelor’s degree or solid trust & estate paralegal experience.
• A minimum of 5-7 years of experience in trust and estate settlement administration, including the preparation and/or review of federal estate tax returns, state inheritance and estate tax.
• Experience assisting counsel and tax preparers in collecting information needed to prepare returns and experience in reviewing Fiduciary returns (e.g. Tax returns, Gift Tax returns, Federal Estate Tax returns, and State Inheritance and Estate Tax returns).

PREFERRED QUALIFICATIONS:

• Law degree, CPA, or significant experience as a paralegal in a Trusts & Estates practice group.
• Highly proactive attention to detail, dependable, and extremely organized.
• Excellent problem solving and analytical skills.
• Excellent proofreading skills and clear and concise communication skills.
• Commitment to providing an exceptional client experience.
• Strong knowledge of Microsoft Windows, Word, Excel and Power Point.
• Prior experience with Global+, CRM, tax software, or ability to learn software.

Headquartered in Philadelphia, PA, Glenmede has 9 office locations in the US. For further information, please visit http://www.glenmede.com.

Our Benefits Overview:

• Competitive health and welfare benefits, including company HSA contributions
• Numerous voluntary benefit choices available
• Superior 401k match
• Tuition reimbursement
• Company subsidized commuter benefits
• Generous paid time off, including parental leave
• Plus more!

Glenmede is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to any legally protected characteristics. To learn more about Glenmede’s policy on equal employment opportunity, please visit https://www.glenmede.com/equal-opportunity-employer/.

** We are not seeking agency assistance with this role. No agencies, third parties, or phone calls, please. Glenmede is not accepting unsolicited resumes from search firms. All resumes submitted by search firms to any employee at Glenmede via-email, the Internet, or directly without a valid written search agreement will be deemed the sole property of Glenmede, and no fee will be paid in the event the candidate is hired by Glenmede.

#LI-Hybrid