Palloaro, best known for his critically-acclaimed features "Hannah" and "Medreas", has also penned the screenplay with Orlando Tirado, reported Deadline. The story is about a transgender woman (Lysette) who returns home to the Midwest to care for her dying mother (Clarkson).
The movie will also feature Oscar winner Anna Paquin and veteran actor Adriana Barraza in pivotal roles. "Monica" will be produced by Christina Dow, Eleonora Granata, Marina Marzotto, Gina Resnick, Christina Sibul and Karen Tenkhoff.
The project will start production at the end of the year..