Create A Living Legacy With A Dynasty Trust

A trust doesn’t have to stop with your children or your grandchildren. If you so choose, your legacy can be passed on from generation to generation. Creating a dynasty trust is well within the reach of many of our clients. Dynasty trusts are specifically designed to hold your assets for generations. While your beneficiaries may […]

Manage Change With C.A.R.E.

From possible revisions to the tax code to a federal hiring freeze to travel restrictions, the one thing we know to expect from any new Administration is change. These changes and changes to your family – graduations, grandchildren, retirement, and health issues – are exactly why we created our C.A.R.E. program. The C.A.R.E. program ensures […]

How The New Administration Will Affect Estate Planning

In January, Republican Donald Trump will become President and the Senate and House will convene with Republican majorities. How you update and manage your estate and financial plan under the Republican-controlled Congress and Presidency can make a significant difference in your tax burden and how your wealth accumulates. Proposed Changes Donald Trump has proposed across-the-board […]

Act Now To Avoid Higher Estate Taxes

The IRS recently published recommended changes to section 2704 regulations. This will affect those with taxable estates, near taxable estates, closely-held businesses, and other family entities. Specifically, this impacts valuation discounts and the ability to devalue the gross estate. Proposed changes could increase taxes for those with assets that exceed – or are likely to […]

Music & Medicine Gala Raises $400K for Area Hospital

The second annual, combined benefit in support of Virginia Hospital Center and Arlington Pediatric Center (APC) was held on Friday, June 17, 2016. With generous support from donors, they raised more than $400,000 to fund important patient care initiatives in the Hospital and APC that ensure that high quality medical care is available in our community. MORE about […]

Article: 5 Things Bitcoin Owners Must Do When Estate Planning

“When it comes to estate planning, very little has been mentioned about bitcoin. While bitcoin is subject to wills and revocable living trusts like any other asset, there are some special considerations. Most seasoned holders of bitcoin are aware of IRS Notice 2014-21. For those unaware, the notice holds that for US tax purposes, bitcoin […]

NEWS: Supreme Court Ruling on Gay Marriage

June 26, 2015 – Today, in a historic decision, the U.S. Supreme Court declared that denying same-sex couples the freedom to marry violates the U.S. Constitution – a decision that extends the freedom to marry to all same-sex couples nationwide. The Justices ruled in six cases from Tennessee, Kentucky, Michigan and Ohio (known as Obergefell v. […]

NEWS: Virginia Signs ABLE Act into Law

Virginia has become the first state to approve the ABLE Act legislation. The ABLE Act, passed with overwhelming bipartisan support at the close of 2014, allows people with disabilities to open special accounts, similar to 529 plans, where they can save up to $100,000 without risking eligibility for Social Security and other government needs-based programs. […]

Planning for Families

YOUNG FAMILIES Young couples can name a number of reasons to put off estate planning: Too Young! Too Busy! Too Healthy! Not Rich! But we know those aren’t good reasons. Putting an estate plan in place now is being prudent and responsible, and it shows your family how much you care. One of the biggest […]

Fund. That. Trust.

So you created your trust… Great job! How’s that funding going? Remember, a trust only avoids probate if it is properly funded.  Any assets that are not owned by your trust, or any assets that do not name the trust as your beneficiary, could very well create problems if something happens to you. Why talk […]