Private Wealth Services (Trusts and Estates) Paralegal

Overview

McGuireWoods LLP has an opening for a Private Wealth Services (Trusts and Estates) Paralegal in our Charlottesville office.  The Paralegal prepares accountings and legal documents for multiple attorneys in the Tax & Employee Benefits - Private Wealth Services group and oversees trust and estate administration including probate court processes and procedures along with preparation of various tax returns related to estate administration/probate process. This position performs substantive accounting related legal work under the supervision of the attorneys and has frequent interaction with clients, court personnel and others.

McGuireWoods, one of the world’s leading law firms, has provided legal solutions to corporate, individual and nonprofit clients since 1834. Diversity and inclusion are essential to how we do business, informing how we recruit, retain and promote lawyers and staff to serve clients. Along with excellent benefits, McGuireWoods offers most employees a hybrid remote option allowing flexibility and work-life balance. Our Applicant Disclosures describe your rights. Our Privacy Statement describes how we will process and safeguard your personal data.

Responsibilities

• Provides highly customized and sophisticated tax planning and information assistance to high net-worth clients.
• Analyzes and researches complex issues to determine tax consequences and ensure tax compliance.
• Prepares complex estate tax returns, gift tax returns, and fiduciary income tax returns.
• Prepares probate court filings, inventories, and accountings.
• Conducts thorough analysis of financial reports and account statements.
• Ability to work on an estate from the time of client’s death; gathering information about assets and debts, through to distribution of assets from the decedent to the estate and beneficiaries.
• Prepares and updates status reports of estate administration for attorneys.
• Communicates with trust and estate beneficiaries regarding distributions.
• Interacts with trust and estate beneficiaries and attends meetings.
• Assists with retitling assets.
• Collaborates with accountants, trust officers, appraisers, and other professionals related to matters.
• Stays updated on changes in tax laws and regulations.
• Supports attorneys by providing tax and estate planning related insights and tax minimizing strategies.

Qualifications

• Bachelor's degree and at least 5 years of relevant estates/trusts experience preferred.
• Prior experience in a law firm, trust department, or accounting firm preferred.
• Familiarity with trust and estates accountings.
• Ability to deal professionally and communicate clearly and concisely with both internal and external constituencies on all levels.

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