The Changing Virginia Code: When You’ll Do Nothing And Like It

July 26, 2012

Today, we will discuss a fairly unique circumstance that has emerged as a result of the pending changes in the Virginia Code.  Many existing Virginia wills and trusts reference specific sections of the current Virginia Code.  Since many Code sections will be renumbered this October, will your existing estate documents thereafter be referring to obsolete…

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The New Virginia Title 64.2: A Whole Greater than the Sum of 5 Parts

July 23, 2012

In recent years, one’s estate planning considerations are touching upon an increasing range of issues.  In Virginia, a thorough estate plan must include consideration of the laws relating not only to wills and trusts, but also to fiduciaries, guardianship of minors, adult guardianships and conservatorships. The fact that these topics are presently covered in no…

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One’s a Scum-Sucking Bottom Dweller and the Other’s a Blogger

June 27, 2012

In case you were unaware, the title to today’s post is a twist on an old joke:  What’s the difference between a catfish and a lawyer?  One is a scum-sucking bottom dweller and the other is a fish.  Read more...

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In Appreciation: A Tribute to My Dad, 10 Years Later

June 23, 2012
Carl K. Zucker, Esq. (1934-2002)

It was the first week of law school, Torts class.  We were studying negligence, and on this day, the question was whether or not a witness to a car accident should be able to recover damages for emotional distress from the party at fault.  Read more...

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2012 Changes in Virginia Trust Law (Part 2): Decanting & Directed Trusts

June 22, 2012

Last week, we discussed in Part 1 of this topic how Virginia recently passed several bills that will revise state trust law on July 1, 2012.  Today, in Part 2, we will continue our discussion about these changes in the law. As a reminder, while these rules are currently the law in a minority of…

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2012 Changes in Virginia Trust Law (Part 1): Asset Protection Trusts

June 14, 2012

Virginia recently passed several bills that will revise state trust law on July 1, 2012.  In this post and the following post, I will attempt to briefly describe these changes in the law, define key terms and discuss the effects of each.  Some of these rules are already in place in other states, but the…

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Why Should Estate Planning Be A Priority For Me?

June 8, 2012

Excuse me; may I interrupt your self-imposed blog posting hiatus? Sure, what’s up? You once said that every adult needs an estate plan.  Isn’t that a bunch of hooey?  I mean, if you go to a financial planner, you hear “everyone needs a financial plan.”  If you go to an insurance salesman, you hear that…

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