Becky Manicone is a shareholder in the firm and a member of the Tax, Trusts and Estates, and Wealth Management Groups. Becky's practice concentrates on the transmission and preservation of wealth for high net worth individuals and closely held business owners. 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.
In the course of structuring plans to transfer wealth in the most tax-efficient manner possible, Becky encourages her clients to consider the non-tax implications their planning will have on their families and business partners. She 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.
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. She's been an active member of the Washington Area Women's Foundation's Rainmaker's Circle since the program was launched in 2003.
Areas of Concentration
· Sophisticated estate planning
· Business succession planning
· Nontraditional couples and families
· Estate and trust administration
· Federal and State estate tax filings
Professional & Community Involvement
· Member, Washington Area Women's Foundation, Rainmakers Circle
· Past President and Board Member, Society of Financial Service Professionals, National Capital Chapter
· Member, Maryland Bar Association, Estates and Trusts Section
· Member, Virginia Bar Association, Sections of Taxation and Trust and Estates
· Member, DC Bar Association
· Member, Washington, D.C. Estate Planning Council
Awards & Recognition
· Recipient, "Best Practical Article" Award, American Bar Association's Probate & Property magazine, 1999
· Rated, AV Preeminent® 4.9 out of 5
Publications & Presentations
Articles, Lectures & Publications
· 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)
· Co-author, "Flip Unitrusts: A Target of the Proposed Section 664 Regulations," Estates, Gifts & Trusts Journal (BNA)
· Author, "New York State Conference of Blue Cross & Blue Shield v. Travelers Insurance Co.: The Supreme Court Clarifies ERISA Preemption," Catholic Univ. L. Review
· 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.
· Lectures to individuals and organizations on various estate planning topics.