Blog Posts
John T. Midgett
Experienced Estate, Corporate, and Tax Lawyers Serving Virginia and North Carolina.
How To Fund Revocable Trusts At Death And Avoid Probate
How property is titled determines in large part the manner in which that property will be transferred upon the owner’s de…
How Estate Planning Works
Life Insurance, Annuities & Trusts For most families, life insurance is an important tool in an estate plan. Its uses inclu…
What You Should Know About Limited Liability Companies
Who can benefit most from an LLC? Generally speaking, everyone who is engaged in business or in a professional practice as a so…
The Irrevocable Life Insurance Trust
Most clients are shocked to learn that the death proceeds of their life insurance are subject to federal estate taxation. They …
Dealing with Social Security during a Disability
People who have executed a durable general power of attorney think that “anything I can do, my agent can do as well”. Whi…
Setting Every Community Up for Retirement Enhancement Act
Key provisions affecting individuals: Repeal of the maximum age for traditional IRA contributions. Before 2020, traditional IRA…
Personal Liability for Debts of a Deceased Family Member
Are you worried about the financial implications of the death of a parent or other family member? Have you received a call from…
The Insolvent Probate Estate
One of the most important decisions to make after someone dies is how to administer their probate estate. Many times family mem…
Sometimes The Devil Is In The Details
Over the past 40 years I have prepared thousands of wills. Each time the wills are organized in articles and paragraphs, all of…