Benetta Y. Park is a Managing Director and Senior Fiduciary Counsel at Bessemer Trust based in Palm Beach, Florida, where she assists clients with the development of comprehensive, multi-generational wealth transfer and tax planning strategies and she guides the firm on fiduciary issues. Prior to Bessemer, Benetta was the President of a family office in the Midwest, after being a Managing Director and Midwest Wealth Advisor at J.P. Morgan Private Bank based in Chicago. She also previously was a partner in the Private Client Department of the law firm of McDermott Will & Emery in Chicago. She serves as a national resource in many areas, including Corporate Transparency Act, family office structuring, family governance, international estate planning, planning for business owners, including Qualified Small Business Stock, sustainable investing, Qualified Opportunity Zones, and planning with cryptocurrencies and non-fungible tokens.
Benetta is a Fellow of the American College of Trust and Estate Counsel (ACTEC) and was invited to join the College as part of its inaugural class of Fiduciary Counsel Fellows. She serves on ACTEC’s Board of Regents and as a member of the Board of Directors of the ACTEC Foundation. She is a member of the Business Planning and Charitable Planning and Exempt Organizations Committees of ACTEC. She also has been elected as Chair-Elect of the American Bar Association’s Section of Real Property, Trust and Estate Law for the 2023-2024 bar year and will become Chair of the Section for the 2024-2025 bar year.
Benetta also frequently speaks and writes nationally on trust and estate planning topics. Benetta is a former Adjunct Professor at Northwestern University’s law school LL.M. tax program and taught “International Estate Planning,” and she has served as faculty for the national estate planning conference, the Heckerling Institute on Estate Planning, the Notre Dame Tax & Estate Planning Institute, and for various courses at the Illinois Institute for Continuing Legal Education (IICLE). She has been quoted in news periodicals, including CNBC, Morningstar and Tax Analyst’s Tax Notes.
She also serves on the professional advisory councils of several non-profit organizations.
Benetta earned her J.D. from Loyola University Chicago School of Law and her Bachelor of Business Administration degree from the University of Wisconsin at Madison.
