As part of the Wilmington Trust Emerald Family Office & Advisory team, Rachael is responsible for managing client relationships, providing ongoing support and communication. She continually assesses the needs of her clients and recommends appropriate strategies designed to meet their current and long-term objectives. She provides tax consulting and compliance services for complex individual and trust income tax returns, gift tax returns, returns for nonprofit entities and private foundations, and corporate and partnership tax returns. She also assists successful individuals and families with comprehensive planning, helping to incorporate tax strategies through trusts and flow-through entities.
Prior to joining Wilmington Trust in 2015, Rachael worked in public accounting for more than 12 years and specialized in working with high-net-worth individuals as well as small businesses to provide tax planning and tax preparation services.
She holds a bachelor’s degree in accounting from Wilmington University where she graduated magna cum laude and 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.
Taxes may not be your clients’ top priority when you are helping them through their divorce, but many decisions made during this time can affect their situation. Sometimes these decisions can be costly. Listen as Rachael Leberstien, senior wealth relationship manager, discusses the 10 Tax Considerations in Divorce with Sharon Klein, president, Family Wealth, Eastern U.S. Region and head of the National Divorce/Matrimonial Advisory Practice.
Tax issues clients and their advisors should discuss before a divorce is finalized.Taxes may not be the top priority of your clients when you are helping them through a divorce.There are many decisions made in a divorce that can impact your clients’ tax situations for a long time.These decisions can be costly and if you are not aware of the tax implications, then any additional tax costs may not be accounted for in the divorce settlement.
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.
