Joined Ice Miller in 1995. Partner since 2004. Focuses on corporate, governance and tax issues for tax-exempt entities and gift, estate and trust taxation, estate planning, estate and trust administration, and charitable giving.
Ms. Giacone regularly works with tax-exempt entities on corporate governance and federal tax matters, advanced planned giving and endowment management. Ms. Giacone advises colleges and universities on issues relating to unrelated business income tax (UBIT), sponsorship agreements, the use of affiliated entities (e.g., taxable subsidiaries, foundations and other tax-exempt subsidiaries), general corporate and tax-exempt compliance, grant agreements and donor intent and charitable contributions.
In her work with private foundations and donors, Ms. Giacone assists clients in developing philanthropic priorities, making and documenting charitable grants, assessing various vehicles for accomplishing their charitable purposes (e.g., direct grants, private foundations and donor advised funds) and advising with respect to the excise taxes applicable to private foundations and donors and how to structure transactions in an effort to avoid these taxes.
Ms. Giacone advises health care organizations regarding Form 990 compliance, physician compensation, joint ventures, UBIT, governance and structuring issues and the community benefit standard and Code Section 501(r) compliance. Ms. Giacone advises hospitals regarding permissible structures available for the use of restricted proceeds arising from the sale of hospital assets and all other aspects of the transfer, including maintenance of donor intent.
Ms. Giacone also advises tax-exempt entities with respect to Form 990, reasonableness of executive compensation (including the application of the intermediate sanctions regulations), navigating conflicts of interest, UBIT, corporate and tax structuring issues, and all aspects of operations beginning with entity formation.
In addition to her work with tax-exempt organizations, Ms. Giacone also advised individuals on a wide range of issues involving federal estate, gift and generation skipping tax planning, preservation of wealth and charitable planning.
Admitted to practice in Indiana (1995). Graduated magna cum laude from Southern Illinois University with a bachelor of science degree in accounting.