What are the responsibilities and job description for the Estate and Trust Settlement Officer position at Glenmede?
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.
This position will operate in a hybrid work environment, 3 days per week in the office and is open to candidates in all Glenmede offices.
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
- Prepare and / or review fiduciary income tax returns, gift tax returns, federal estate tax returns and state inheritance tax returns where Glenmede is executor or agent for executor, and review and assist in filing of same
- 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
Firm Engagement
REQUIRED QUALIFICATIONS :
PREFERRED QUALIFICATIONS :
Headquartered in Philadelphia, PA, Glenmede has 9 office locations in the US. For further information, please visit
Our Benefits Overview :
Glenmede is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind : Glenmede is committed to the principle of equal employment opportunity for all employees and applicants and to providing employees with a work environment free of discrimination, retaliation, and harassment. All employment decisions, including hiring decisions, at Glenmede are based on business needs, job requirements and individual qualifications in full compliance with all local, state and federal laws prohibiting discrimination on the basis of any status protected by the laws or regulations in the locations where we operate. Glenmede will not tolerate discrimination or harassment based on any of these characteristics.
LI-Hybrid
