Trust & Estate; Estate Planning

Virginia Law Provides Avenue To Save Imperfectly-Executed Wills

Last Will and Testament with Fountain Pen

07/16/2018Chappell, W. Thomas

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 lead to that person’s estate… Read more »

ESTATE PLANNING FOR FAMILY HELD BUSINESSES: AN UPDATE ON THE NEW IRS PROPOSED REGULATIONS TARGETING “DISCOUNTING”

Young Attorneys Keep Moving Forward

02/20/2017Herman, Patrick W.

Last August, the IRS launched its latest offensive against parents who want to transfer closely held family-owned business interests to younger family members free from estate tax. Here is the typical scenario: Mom and Dad inherited and then successfully grew a small business, “Soup to Nuts”, a small town hardware store with a small bakery… Read more »