Spring 2018                                                                                                                  Like us on Facebook Follow us on Twitter View our profile on LinkedIn
Dear Friends,  

As March Madness gives way to April (15th) Anxiety, we KNOW you will want to learn more about the new tax law that took effect January 1st, 2018.

Generally speaking the law covering estate and gift taxes has been liberalized. But this part of the law sunsets on December 31, 2025.

It's an ever-fluid situation, but read on to find out how things stand NOW.

Happy reading!

Eldridge Blanton, Esq.  

In This Issue
Wealth Transfer Taxes: 
Gift, Estate, Inheritance, and Generation Skipping Transfer Taxes

"In this world nothing can be said to be certain, except death and taxes."- Benjamin Franklin

It seems that one of the most common questions I get from clients is how will their estate be taxed when they pass. I anticipate that these questions will only increase with the attention brought by the most recent tax reform under the Trump administration.
This article will serve as a primer on the most common Wealth Transfer Taxes with updated information from the Tax and Jobs Act of 2017.

Estate Planning Seminars

We offer free educational seminars on the importance of estate planning throughout the month. We'd love to see your friends and family there! 

Do you belong to a community organization that would benefit from the same presentation? Contact us today!




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. 


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



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