Arlington Law Group
Q: Why is a team approach important for estate planning?
A: Everyone is different, but the goals of estate planning are usually the same: Our clients want to make sure they will be taken care of if they become incapacitated. They want their assets to be transferred to their chosen beneficiaries upon their death as quickly and efficiently as possible.
My partners and I educate our clients on the legal rules, including how assets can be titled and transferred; how income, capital gains, and estate taxes apply; how government benefits work; and how beneficiaries can be protected from creditors. Each area overlaps with accounting, financial planning and insurance issues, so we coordinate our planning with the other professionals serving our clients. By taking this wholistic approach, our clients save time and money and are better prepared for the future, bringing significant peace of mind.
Q: But I already have a trust, so I’m all set, right?
A: A well-drafted estate plan covers the assets, wishes, beneficiaries, and tax rules that the client and the planner know or that they can reasonably anticipate. If your estate plan is several years old, it may be time for a review.
When clients bring in their old estate plan for us to review, I always ask: “What is in the trust?” Making sure your legal documents coordinate with the title and beneficiary designations on your assets, current tax laws and your other wishes can ensure your legacy primarily goes to your beneficiaries and not to unnecessary taxes or expenses.
Arlington Magazine Top Attorney Business/Corporate (2019, 2021), Nonprofit (2019, 2021), Tax (2019), Trusts & Estates (2019, 2021)
Super Lawyers® Rising Stars, Estate Planning & Probate, 2016 – 2020
Northern Virginia Magazine Top Lawyer, Financial Law, 2019
Leadership Center for Excellence, “40 Under 40” Recipient, 2018
Juris Doctor, Magna Cum Laude, George Mason University School of Law, 2006