Rachael is a director in the Family Office group, providing tax consulting and compliance services for complex individual and trust income tax returns, gift tax returns, returns for nonprofit entities and private foundations, corporate, and partnership tax returns. Rachael also assists affluent families and high-net-worth individuals with comprehensive planning , helping to incorporate tax strategies through trusts and flow-through entities.
Prior to joining Wilmington Trust Company in 2015, Rachael worked in public accounting for more than 12 years and specialized in working with high-net -worth individuals and small businesses to provide tax planning and tax preparation services.
Rachael holds a bachelor’s degree in accounting from Wilmington University where she graduated magna cum laude. She earned her CPA designation in 2005. Rachael is a member of the American Institute of Certified Public Accountants and the Delaware Society of Certified Public Accountants.
Don’t leave money on the table or with the tax man. Determining the proper division of retirement assets in a divorce and the actual distribution of these assets is very complex.Learn about the importance of the QDRO in splitting retirement plan assets in divorce.Each type of retirement asset must be handled in a different manner, so it’s important to consult with your tax advisor.
Don’t overlook this important element of divorce planning. While not typically top of mind during divorce, taxes are an important consideration, especially completing your tax return.Consult with an attorney or advisor who understands the tax laws so that planning can be done before you agree to a settlement.Being equipped with information regarding divorce and tax returns early on can help you work towards a reasonable divorce settlement agreement.
