REAVESCOLEY assists clients in planning for both death and disability by developing a comprehensive estate plan, which incorporates business succession planning, trust funding, and non-probate transfers where appropriate. A comprehensive estate plan assists clients with planning the control and disposition of their property, business, and wealth at death or during a period of disability. REAVESCOLEY works with clients to identify and implement personal and family goals while also counseling clients to consider a plan that encompasses several other objectives such as:
Protecting and preserving an inheritance from future creditors or divorce;
Providing for a spouse during his or her lifetime while protecting a child’s future inheritance;
Providing for minor children;
Naming guardians for minor children;
Designing trusts for professional management of assets; and
Developing a plan to effectively avoid probate and probate taxes.
We combine our knowledge and expertise of corporate and business law with estate planning to help business owners design a custom plan to facilitate a smooth transition at death or during a period of disability. We enjoy helping clients ensure their business is protected and passes smoothly after their death.
REAVESCOLEY also assists clients through the complicated and difficult times after a loved one has passed away. We offer legal representation and counsel to family members and friends who are appointed to serve as the trustee of a trust or executor of an estate. We understand and are experienced in advising clients through the technical issues necessary to guide fiduciaries through the estate and trust administration process. We assist clients from the court appointment through the marshaling of assets, court required inventories, accountings, and final distributions while navigating the issues of spousal claims, creditor claims, and non-probate transfers.
Southeast Virginia Office 505 Independence Parkway, Suite 103 Chesapeake, VA 23320