Blog Posts
John T. Midgett
Experienced Estate, Corporate, and Tax Lawyers Serving Virginia and North Carolina.
Posts by John T. Midgett
Tax Benefits from Charitable Contributions Without Itemizing
The number of people who itemize could fall by more than half in 2018 because of changes made by the Tax Cuts and Jobs Act (TCJ…
Are Irrevocable Trusts Truly Irrevocable?
From 1987 through 2003, the federal estate tax exemption amount was between $600,000 and $1,000,000. This prompted many people …
Planning Your Estate: It’s Not Just About Taxes
So many people I have talked with have expressed some concern for my career as an estate planner. They felt that the increase …
How To Find A Competent Estate Planning Attorney
The following questions were designed to help individuals find competent tax and estate planning counsel in states such as Virg…
How Much Does A Simple Will Cost?
We are frequently asked “How much do you charge for a Simple Will?” Unfortunately, there is no simple answer. Askin…
Wills, Trusts & Estate Planning: Frequently Asked Questions
Where should I keep my will? Where you keep your will is not of great importance as long as it is in a safe place. Many people …
Family Limited Partnerships & How They Work
In 1953, Sam and Helen Walton put what little assets they had into a family partnership that included their four children. They…
Understanding Charitable Trusts
People with financial savvy look at wealth on a broad scale. They understand the need to acquire as well as to preserve and rec…
The Use Of Disclaimers In Estate Planning
Disclaimers are very useful estate planning tools. However, in order to use disclaimers effectively, it is essential to underst…