RALEIGH, NC – Raleigh attorney John R. Cella, Jr. recently presented an educational teleconference on Roth IRA conversions to BB&T Wealth Management professionals.  BB&T Wealth Management sponsors monthly educational programs for its trust officers, financial planners, financial planning advisors, and wealth management client advisors located in eleven states. 

John, an estate planning attorney with Manning Fulton & Skinner, P.A., spoke on the income tax, estate planning, and procedural aspects of Roth IRA conversions, a planning technique under consideration by many taxpayers in the current investment, income tax, and legal environment.  Beginning in 2010, Roth IRA conversions will become available to substantially more taxpayers.  John’s presentation also included discussion of The Worker, Retiree, and Employer Recovery Act of 2008 and its impact on tax-qualified retirement plans and IRAs. 

John’s background in employee benefits and compensation law is useful when counseling clients in estate and business planning matters.  Active in the Estate Planning and Fiduciary Law Section of the North Carolina Bar Association, John is a frequent author and speaker on estate planning matters, particularly those involving deferred compensation, qualified retirement plans, and IRAs. 

About Manning, Fulton & Skinner, P.A.

Since 1954, Manning Fulton has worked with clients to build their futures.  The firm partners with clients to structure their businesses, defend their interests, and protect their wealth.  Manning Fulton lawyers have extensive experience in formulating estate and business continuation plans for owners of closely held companies with consideration of the owners’ personal, business, and tax objectives. 

Manning Fulton has one of the largest estate planning and administration practices in North Carolina.  Within the practice are two Fellows of the American College of Trust and Estate Counsel, one Fellow of the American College of Tax Counsel, three North Carolina State Bar Board Certified Specialists in Estate Planning and Probate Law, and three Certified Public Accountants.  Firm clients include family and closely-held businesses and owners, executives, professionals, and individuals and families.

For more information, please visit www.manningfulton.com. 

About BB&T Wealth Management

With more than $10 billion in assets under management, the BB&T Wealth division’s primary focus is on affluent individuals and their financial and wealth transfer needs. BB&T Wealth serves as a one-stop provider of financial advice, investments, fiduciary, insurance and traditional banking. In the 2009 Luxury Institute survey of ultra-high-net-worth customers, BB&T was the No. 1 ranked regional wealth manager and No. 3 nationally.