Winter 2017                                                                                                                  Like us on Facebook Follow us on Twitter View our profile on LinkedIn
 

Dear Friends,  

During 2018 we will continue to offer r efresher workshops on how your trust works and how changes in the law may affect your estate plan, as well as our educational public workshop entitled, Wills Vs. Trusts. These are a great opportunity to educate your friends and family about the advantages of various types of estate plans. Please view our full schedule by visiting  www.carrellblanton.com/seminars.  Dates and times vary by location.  

As always feel free to schedule an appointment in the office to review or update your estate planning documents. In the meantime, please take a moment to read a couple of articles that we felt would be helpful at this time of the year.  

We hope you and your family have a safe and joyous holiday season!  

The Attorneys at Carrell Blanton Ferris & Associates, PLC  

804-285-7900
In This Issue
The Best Holiday Gift
Who Should Serve as Your Successor Trustee?
Trump's Christmas Wish
The Best Holiday Gift: Passing Down Financial Wisdom

With the holidays wrapping up and New Year's Day right around the corner, now is a great time to reflect on your ever changing family dynamics. As you look around your holiday dinner table at your loved ones, you cannot help but remember how much they have grown over the years. It is hard to believe that since you set out as a young adult trying to make your way in the world, so much has changed and came to be this family you see in front of you.

 
We present educational seminars on estate planning on a regular basis.  If you need a refresher or have friends and family who have not completed their estate planning, please share this with them.  For a full list of dates and locations, visit our website.  

 

LEGACY FIDUCIARY SERVICES, PLC

 

Are you struggling with whom to name as your Successor Trustee?
Perhaps you're concerned about whether any of your family members can handle all of the duties and responsibilities of administering your trust when you die. Or, perhaps you want to lift this burden from their shoulders altogether. Legacy Fiduciary Services, PLC (LFS) may be the solution. LFS was established by Carrell Blanton Ferris & Associates, PLC to serve as trustee of trusts created and governed pursuant to the laws of Virginia. LFS attorneys are experienced fiduciaries who are dedicated to ensuring that your careful planning will be implemented. We make it our job to stay current with changing trust laws and regulations, and will work closely with your financial advisor to help ensure that the needs of your loved ones will be met after your passing. For more information click here .
 
Please note: LFS does not manage the investment of trust assets but works with your financial advisor, who continues to manage your assets while we administer your trust. 
 
T rump's Christmas Wish

It appears President Trump's Christmas wish to have a tax reform bill on his desk by Christmas Day has come true. In the early hours of December 20, 2017, the Tax Cuts and Jobs Act was approved by both houses of Congress. Since this is the most extensive reform to the tax code in almost 30 years, you may be wondering how this will affect your bottom line. Which is a great question for your accountant. But what you may not have realized yet, is how much of an impact this may have on your estate plan.


Information provided by WealthCounsel.
 
We

We would like to acknowledge Advisors Forum and WealthCounsel, LLC for their contribution to material included in this newsletter.  The contents of this publication are for informational purposes only. Neither this publication nor the lawyers who authored it are rendering legal or other professional advice or opinions on specific facts or matters, nor does the distribution of this publication to any person constitute the establishment of an attorney-client relationship. Carrell Blanton Ferris & Associates, PLC assumes no liability in connection with the use of this publication.
© Carrell Blanton Ferris & Associates, PLC

 

CIRCULAR 230 DISCLOSURE:

U.S. Treasury Department Regulations require that we advise you that unless otherwise expressly indicated, any federal tax advice contained herein is not intended or written to be used, and may not be used, for the purpose of (i) avoiding tax related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax related matters addressed herein.

 

Carrell Blanton Ferris & Associates, PLC