Estate Planning

135+
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Practicing Areas
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Cross-disciplinary
Attorneys
Estate Planning

LET OUR ESTATE PLANNING ATTORNEYS  HELP GUIDE YOUR FUTURE

Planning for the future is important, no matter your age or the value of your estate. Without a plan for your enjoyment of life and future protection of assets or interests, you risk burdening your loved ones incurring unnecessary expenses, and distributing your estate to be distributed contrary to your wishes. Without a well-thought-out estate plan, your posthumous desires may not be met.

DEPEND ON ANY OF OUR SERVICES

We understand the importance of having a clear and detailed estate plan that will take care of you and your loved ones should you become incapacitated and upon your death. For this reason, we proudly guide our clients with the following:

  • Health Care Power of Attorney
  • Advance Medical Directives (“Living Wills”)
  • Powers of Attorney
  • Wills
  • Testamentary Trusts
  • Revocable Trusts
  • Family Trust
  • Family Limited Liability Companies
  • Business Succession Planning

PRESERVE WEALTH FOR FUTURE GENERATIONS

We assist clients with planning for future generations. Our attorneys will help you with your will and the establishment of one or more trusts, including Family Trusts, Qualified Terminable Interest Property (QTIP), Qualified Domestic Trusts (QDOT or QDT), and “Dynasty Trusts.

SIMPLICITY IN AN OTHERWISE COMPLICATED PROCESS

Here at Vandeventer Black, we know that managing your assets is not always a simple process which can have costly tax ramifications. Our estate planning attorneys will work with you to make it as uncomplicated as possible. We start by reviewing an inventory of your assets to ensure that nothing is left unattended and that your plans are coordinated and clear. Then we discuss your lifetime and testamentary goals, your family situations, and any special needs. From there, we work to outline a plan for you to review and approve. We may recommend that you discuss your decisions with loved ones, and involve them as appropriate. Finally, we will discuss income and estate taxes and how best to hold title to your assets.

SCHEDULE A CONSULTATION

If you would like to speak to someone about your personal estate plan and options, please give us a call. We’ll schedule an initial consultation for you to meet with one of our estate planning attorneys who can answer your questions and help you get started on the planning process. We are proud to extend our services to clients living in North Carolina, as well as Richmond and Norfolk, Virginia.

Articles
VIRGINIA LAW ALLOWS FOR THE FIXING OF ERRORS IN THE TERMS OF A WILL OR TRUST
Gaela R. Normile
Crisis potentially averted, Virginia law now allows a court to reform the terms of a deceased person’s trust or will. Although the issue of mistaken estate planning was first addressed by the Virginia General Assembly in 2005, the legislation only specified the reformation of mistaken trusts. However, similar legislation was ...
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THE NEW TAX ACT AND MY ESTATE PLANS: NOW WHAT?
Patrick W. Herman
Great news: the new “Tax Cut and Jobs Act” (“TCJA”), doubles the estate tax exemption amount from $5.49 million per individual (the 2017 exemption amount) to $11,180,000 million. (For convenience, this article will use the $5.6 million projected exemption amount for 2018 before TCJA and $11.2 million).  The new higher number ...
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Virginia Law Provides Avenue To Save Imperfectly-Executed Wills
W. Thomas Chappell
It could be a family’s nightmare.  A deceased relative tried to make his or her will, but it was improperly executed.  Therefore, the relative’s estate will be distributed pursuant to an old will or, if there is no other will, the intestate laws of the Commonwealth.  Such a result could ...
Read More

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