Founded in 1956 by the Pew family to manage their charitable assets, Glenmede is among the nation's leading investment and wealth management firms. The company oversees $44.2 billion of assets under management (as of 12/31/2023), for high-net-worth individuals, families, family offices, endowment, foundation and institutional clients. Headquartered in Philadelphia, the firm has offices in Delaware, Florida, New Jersey, New York, Ohio, Pittsburgh and Washington, DC. For further information, please visit
http://www.glenmede.com.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
- 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.
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.
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.
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.
