Rebecca S. Manicone is a shareholder in the firm and a member of the Tax, Trusts and Estates, and Wealth Management Groups. Becky concentrates her practice on creating and implementing tax efficient, values based legacy plans for high net worth families and business owners and assisting clients' families upon the passing of loved ones. She works with a diverse group of clients, including corporate executives, entrepreneurs, families with complex dynamics (including special needs children), and nontraditional couples. She also serves as counsel to a multi-family office.
In designing and implementing estate and business succession plans, Becky focuses on her clients' goals and strives for practical solutions to the tax and non-tax problems associated with the transmission of wealth. She employs a wide variety of planning techniques, from traditional estate planning tools such as wills, revocable trusts, grantor retained annuity trusts, and irrevocable life insurance trusts, to more complex planning techniques, including sales to intentionally defective grantor trusts structured as dynasty trusts for the benefit of future generations, family limited partnerships, buy-sell arrangements and private family foundations.
Becky enjoys working with clients to uncover the deeper motivations that initially led them to engage in the legacy planning process and encourages her clients to consider both the tax and non-tax implications their planning will have on their family and business partners. Becky transforms intricate tasks into efficient processes and provides clarity to complex planning techniques. This allows her to partner with clients to create practical tax efficient solutions that convey family values in a manner that incentivizes junior family members while preserving family harmony. She also guides clients through the estate administration process and federal and state tax filings with an appreciation for the emotional issues involved upon the loss of a loved one. Her clients describe her as responsive, trustworthy, thorough and customer-centric.
Becky served for many years on the Board of Directors for the National Capital Chapter of the Society of the Financial Service Professionals, where she also served as President from 2007- 2008. A founding member of the Washington Area Women's Foundation's Rainmaker's Circle in 2003, Becky is still actively engaged in local organizations that support women and girls.
•Multi-generational estate planning
•Business succession planning
•Nontraditional couples and families
Articles, Publications, & Lectures
•Co-author, The Private Trust Company - A Fiduciary Services and Asset Management Alternative for High Net-Worth Individuals
•Co-author, Restricted Management Accounts: An Alternative to the Family Limited Partnership
•Author, Making a Code 645 Election, Probate & Property (ABA), 1999
•Co-author, Flip Unitrusts: A Target of the Proposed Section 664 Regulations, Estates, Gifts & Trusts Journal (BNA), 1997
•Author, New York State Conference of Blue Cross & Blue Shield v. Travelers Insurance Co.: The Supreme Court Clarifies ERISA Preemption, Catholic Univ. L. Review , 1996
•Co-author, Estate Planning for the High-Tech Executive presentation for the National IAFP Success Forum 1999
•Contributed articles to the Washington DC's National Capital Chapter of the International Association of Financial Planners monthly newsletter, including article on distributions from a deceased spouse's IRA.
•Contributed to articles in the Suburban Maryland Life Underwriters Association's Monthly Newsletter, Lifenotes.
•Speaker, “WRMarketplace Live!,” AALU, May 2, 2016
•Speaker, “WRMarketplace Live!,” AALU, May 4, 2015
•Speaker, Business Succession Planning, The Feinman Group, June 2014
•Speaker, Year-End Tax Planning Opportunities, AALU, September 2012
•Speaker, Planning Opportunities under the New Tax Act, Capital Fiduciary, April 2011
•Speaker, Estate Tax Reform Proposals, Signature Financial Partners/Freedom Brokers Services, October 2009
•Speaker, Estate Planning in a Low Interest Rate Environment, AXA Advanced Study Group, September 2008
•Speaker, Estate Planning 101: Insurance Trusts & Charitable Planning Strategies, Freedom Brokers Services, September 2008
Awards & Recognition
•Recipient, Best Practical Article Award, American Bar Association's Probate & Property magazine, 1999
•Rated, AV Preeminent 4.9 out of 5
AV , AV Preeminent , Martindale-Hubbell Distinguished and Martindale-Hubbell Notable are certification marks used under license in accordance with the Martindale-Hubbell certification procedures, standards and policies.
Associated News & Events
01.07.08 Greenberg Traurig, LLP Names New Shareholders: Class of 2008 is More than 50 Percent Minorities/Women
05.23.00 Greenberg Traurig Adds Estate Tax Department to its Northern Virginia Office and Expands its Corporate Department
12.01.06 Death of Private Annuities? The IRS and Treasury Department Issue Proposed Regulations on the Taxation of Certain Private Annuity Transactions
12.01.06 The Pension Protection Act of 2006 - New EOLI Legislation Potentially Taxes Typical Insurance Arrangements
03.01.06 The Private Trust Company - A Fiduciary Services and Asset Management Alternative for High Net-Worth Families
10.01.05 Final Regulations Issued Regarding Distribution of Life Insurance from Qualified Plans
10.01.05 Restricted Management Accounts: An Alternative to the Family Limited Partnershi