Clark Hill Chicago Attorneys Mary C. Downie and MacKenzie A. Hyde Publish Chapter in IICLE’s 2012 Edition of “Retirement Benefits Issues in Estate Planning”

Feb 2, 2012

CHICAGO, IL – Clark Hill attorneys Mary C. Downie and MacKenzie A. Hyde co-authored a chapter in the 2012 edition of “Retirement Benefits Issues in Estate Planning,” published by the Illinois Institute for Continuing Legal Education.

Downie and Hyde discuss how to create a Roth IRA, the advantages and disadvantages of a Roth IRA compared with a traditional IRA, converting various retirement assets to a Roth IRA and the tax implications and distributions requirements related to the same, and estate planning strategies utilizing Roth IRAs in the chapter. The 2012 edition of “Retirement Benefits Issues in Estate Planning” can be purchased through the IICLE website at http://www.iicle.com.

IICLE® is a not-for-profit 501(c)(3) organization dedicated to supporting the professional development of Illinois attorneys through Illinois-focused practice guidance.

Downie is a Member in Clark Hill’s Personal Legal Services practice group, working in the firm’s Chicago office. She concentrates her practice in sophisticated estate and tax planning, complex estate and trust administration, advising owners of closely held businesses, tax controversy matters, and estate and trust litigation. Downie is a Fellow of the American College of Trust & Estate Counsel, the preeminent organization of trust & estate planning attorneys in the country. In addition, Downie has been named an Illinois Super Lawyer annually since 2010 in the area of Estate Planning & Probate, and has received an "AV®" Rating from Martindale-Hubbell, representing the highest possible rating by her peers in the legal profession.

Hyde is an associate attorney in the Litigation Practice Group of Clark Hill’s Chicago office. Hyde concentrates in contested guardianships and estates, as well as fiduciary litigation and estate administration. Hyde represents individuals, medical institutions and financial institutions in all areas of her practice. Hyde is frequently appointed by the Probate Court to serve as Guardian Ad Litem in guardianship cases.