Wealth transfer planning and trust and estate administration have long been among the special strengths of Williams Mullen. For many years, the firm has been general counsel to major bank trust departments, and this relationship has provided a unique opportunity for experience and insight into practical considerations in planning and administration.
Our wealth transfer planning services include the following techniques:
- Generation-Skipping or Dynasty Trusts
- Irrevocable Life Insurance Trusts
- Family Limited Partnerships and Limited Liability Companies
- Charitable Remainder Trusts and Charitable Lead Trusts
- Qualified Personal Residence Trusts
- Grantor Retained Annuity Trusts
- Sales to Grantor Trusts
- Self Canceling Installment Notes
- Private Annuities
It is especially important to properly plan for the estate of an owner of a closely-held business. A family or closely-held business may be plagued with liquidity problems, difficulties in valuation, and conflicts associated with the transition of ownership or management of the business. We realize that every family is unique and, therefore, we have no "standard" answers. Our attorneys are skilled in counseling individual clients and helping them to create plans that are specifically tailored to their personal goals, while eliminating or minimizing adverse tax consequences. We offer a wide array of wealth transfer planning services. These include not only the preparation of wills and trust agreements but also a variety of more sophisticated planning devices for the disposition of family wealth and the sheltering of assets from income, gift, estate and generation-skipping transfer taxes.
In addition, we stand ready to assist individual and corporate fiduciaries in large and complex estate administration. Our attorneys are skilled in estate and trust administration, particularly with the tax considerations in administering estates and trusts holding business interests. In addition, we represent fiduciaries and beneficiaries in resolving will and trust disputes, and when required, we represent their interests in any related litigation.
News
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02.16.2023
Dan Durst Elected Chair of the Virginia Bar Association’s Wills, Trusts & Estates Section
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01.04.2023
20 Williams Mullen Attorneys Named to CoVa Biz Magazine’s Top Lawyers of Coastal Virginia 2023
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11.13.2020
A Look Back - Giving the Average Investor the Keys to the Kingdom
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11.05.2020
Bender Authors ABA Article on Generation-Skipping Transfer Tax
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08.03.2020
Williams Mullen Welcomes Tax Attorney Kevin Bender
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11.06.2019
Estate Planning Adjustments for Tax Year 2020
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11.30.2018
Gift and Estate Tax Update: Making Large Gifts Now Should Not Harm Estates After 2025
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09.28.2018
IRS Gets “Bageled” in Tax Court Over Family Office Expenses
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08.04.2015
Giving the Average Investor the Keys to the Kingdom
Events
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05.24.2023
Williams Mullen Tax Planning Roundtable
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05.17.2023
Hampton Roads Spring Tax Forum
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02.24.2023
14th Annual Fiduciary Focus
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02.25.2022
13th Annual Fiduciary Focus
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09.28.2021
Fall 2021 Tax Forum
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02.26.2021
12th Annual Fiduciary Focus
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01.27.2021
Winter 2021 Tax Forum
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08.05.2020
Virtual Tax Forum: Tax and Wealth Planning Updates
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10.22.2019
The Probate Process from Start to Finish
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07.11.2019
Wealth Transfer Planning with Qualified Opportunity Zone Fund Interests
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Farhad Aghdami
Partner- Phone:804.420.6440
- Email:Email
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Charles B. Alvis
Associate- Phone:434.951.5725
- Email:Email
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Kevin G. Bender
Senior Associate- Phone:804.420.6427
- Email:Email
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Daniel J. Durst
Partner- Phone:804.420.6465
- Email:Email
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Christine Nguyen Piersall
Partner- Phone:757.629.0703
- Email:Email