William Onorato Email & Phone Number

Lancaster, Pennsylvania Area

-Collaborated with multiple services lines across RKL to develop a comprehensive family education offering highlighted in a Private Wealth Workshop in August 2024.-Developed a comprehensive financial reporting and accounting offering for families in conjunction with internal and external partners, including Mirador, Knowledger, Sage Intacct.

Lancaster, Pennsylvania Area

-Collaborate with UHNW families' advisor teams to design and implement complex estate planning strategies.-Manage a wealth strategy team to deliver planning and tax services to families.-Annual speaker at the RKL annual tax update with 500+ attendees.-Write white papers and oversee the production of the Private Wealth section of the RKL Annual Tax.

Baltimore, Maryland Area

• Led a redesign of the estate plan for business owner worth $40 million. The plan involved the balancing of multiple and often-conflicting client goals across a blended family. Plan was implemented over the course of a.
• Led the planning design for family with an $80 million concentrated stock position. The family did not want to liquidate the position so planning instead revolved around creating a family investment entity that.
• In 2018, worked with legacy trust clients to fully utilize their estate tax exemptions and put assets in a position to receive a step-up in basis through decanting trusts and/or trust principal distributions.

Lancaster, Pennsylvania Area

Provide highly complex estate planning and tax advice to a small number of ultra high net worth families ($50M+). Work closely with the family's advisors to design, draft and implement sophisticated wealth planning strategies. Draft to materials to explain such strategies in a way that clients can understand. Oversee day-to-day administration of family's.

Central Pennsylvania

Advised high net worth clients on wealth planning including retirement planning, sophisticated estate planning strategies and tax planning. Focus was primarily on estate planning for clients with a net worth in excess of $10M. Developed relationships with attorneys, accountants and other professionals in the Central Pennsylvania region. Provided updates on.

• Draft complex estate planning documents for high net worth individuals, including: ILITs, GRATs, QPRTs, CRATs, and generation skipping trusts.
• Prepare documents for the creation of family entities.
• Prepare Federal estate and gift tax returns and fiduciary income tax returns.
• Manage complex probate matters, including an estate with over $100 million in assets.
• Manage the development of a document assembly system for streamlining the preparation of estate planning documents.
• Manage the redesign and implementation of the department’s intranet site.

• Managed all estate administration matters for the firm.
• Handled numerous large estates from $5 million to $100 million in assets.
• Prepared Federal estate and gift tax returns.
• Drafted complex estate planning documents.
• Conducted legal research on various tax issues.
• Developed a client database that was used for various marketing projects.

• Responsible for the preparation of U.S. Gift Tax returns for trust department clients.
• Responsible for all aspects of estate administration for high net worth individuals, including preparation of all probate documents, administration accountings, inheritance tax calculations and Federal Estate Tax.
• Developed databases in Microsoft Access to improve document preparation, information sharing and the overall efficiency of the department.
• Participated in various committees regarding technology use and development.
• In-house trainer for Microsoft Office programs.

Mba, Accounting And Technology

J.D.

Select coursework: Partnership Income Tax, Corporate Income Tax, Estate and Gift Tax; Federal Income Tax; Tax Research; Estate Planning.

B.B.A., Finance

Activities and Societies: Vice-President, Beta Gamma Sigma (National Honor Society for Business Students)