Rebecca N. Duffy
Becky is an associate in the firm’s business and litigation divisions. She practices primarily in the Trusts and Estates and Workers’ Compensation departments.
Trusts and Estates
Becky counsels families and individuals, including executives, professionals, and business owners, to develop comprehensive estate plans to transfer wealth in the most tax-efficient manner, while also considering each client’s unique needs, including family dynamics.
Becky’s ambition as an estate planning attorney is to coordinate each client’s wealth transfer goals with the mechanisms available to achieve those goals. She is particularly interested in estate and contingency planning for young families and closely-held family businesses, including family farm operations. Becky’s tax and estate planning experience includes:
- Estate plans to make use of available estate, gift, and generation-skipping transfer (GST) tax exemptions and qualified disclaimers.
- Planning for closely held business owners for business succession, buy-sell agreements, and deferred compensation arrangements.
- Utilization of Family Limited Partnerships (FLPs) and discount valuation mechanisms to decrease gift tax liability.
- Tax return preparation for individuals, estates, and trusts.
In her estate planning practice, Becky drafts the following documents for clients:
- Wills inclusive of the appointment of guardians for minor children
- Revocable trusts
- Irrevocable trusts
- Healthcare power of attorney/medical power of attorney
- Financial power of attorney
Becky has significant experience in the area of workers’ compensation. Prior to joining Davis Brown, Becky worked in Nationwide Agribusiness Insurance Company’s workers’ compensation department. She handled litigated and non-litigated workers’ compensation claims, including claims with multi-million dollar exposure. Becky:
- Has experience in analyzing client risk exposure based on factual findings unique to each case.
- Has vast experience with agricultural claims, ranging from field and grain elevator laborers to food processing and transportation.
- Interprets medical evidence and assists with addressing claims related to workers’ compensation matters per American Medical Association guidelines, including permanent impairment, physical restrictions, and return to work issues.
- Engages in problem solving with clients in order to minimize risk exposure and bring timely resolution to pending legal matters.
- Analyzes facts and circumstances regarding bad faith and penalty allegations and provides defense of these allegations under the parameters of Iowa law.
- Has experience in alternative dispute resolution and conflict resolution.