Peggy D. Willis, CPA, CFP®

Cell Phone (317) 650-0417 Indianapolis, In  46240

Peggy@peggywillis.com LinkedIn.com/in/Peggy Willis

 

 

 

Financial Services Professional

 

Results driven, successful professional with a demonstrated commitment to customer service.  Recognized leader with strong management, coaching, and communications skills.  Extensive knowledge of estate settlement and fiduciary practice. 

·         Solid Work Ethic ·         Detail Oriented ·         Microsoft Applications ·         Team Player ·         Self Starter ·         Excellent Risk Manager

 

Professional Experience

 

JPMorgan Chase Bank, N.A.                                                               12/1992 – 01/2011

Private Wealth Management

 

Vice President & Senior Fiduciary Officer – Estates                       02/2008 – 01/2011

Lexington, KY & Indianapolis, IN

 

Estate Settlement Officer, Lexington, KY                                            01/1998 – 01/2008

Administer increasingly complex estate settlement accounts for Indiana, Kentucky and West Virginia.  Coordinate delivery of services.  Build relationships with professional advisors and beneficiaries.  Communicate actively with heirs to understand needs.   Manage risk through prudent administration and adherence to regulatory and firm policies.

 

·        Analyzed complex estate planning documents. Dissolved unnecessary Family Limited Partnerships and educated family in operation of remaining entities.  Family very satisfied and more able to manage financial affairs.

·        Educated Indianapolis Estate Settlement Unit staff on KY probate procedures, resulting in enhanced teamwork and policy understanding while becoming valued point person.

·        Collaborated with estate’s attorney and personally met with Department of Revenue to successfully reverse disallowed deduction resulting in $229,000 inheritance tax savings.

·        Partnered with trust officers, bankers and investors on asset retention and new business development. 

·        Provided professional guidance and mentored Estate Settlement Assistants resulting in increased competence and more effective communication.

·       Conveyed tax options regarding expired estate taxes for 2010 deaths resulting in payouts of specific bequests with appreciated stock, reducing potential capital gains taxes by $21,000.

·        Performed post mortem tax planning and death tax return review resulting in accurate return filings and tax savings.

 

 

Tax Accountant - Lexington, KY                                                          12/1992 – 12/1997

 

Prepared tax returns related to trusts and estates, including federal/state death taxes, federal/state fiduciary income taxes, charitable taxes, and federal/state individual income taxes.  Interpreted provisions of trust documents and wills.

 

·         Collaborated with trust officers and attorneys to reduce estate and inheritance taxes.

·         Restructured tax season work processes, resulting in improved efficiency and achievement of production goals. 

·         Abrupt year end departure of tax staff required hiring eight temporary preparers.  Trained and monitored their performance, resulting in timely filing of income tax returns.

 

 

 

Education

 

Bachelor of Science, Accounting, Indiana University

National Graduate Trust School, American Bankers Association

 

 

 

Certifications

 

Certified Public Accountant (CPA)

Certified Trust and Financial Advisor (CTFA)

Certified Financial Planner (CFP®)