Foster Friedman concentrates on planning and controversy matters involving estates... more
Foster Friedman concentrates on planning and controversy matters involving estates and trusts. He has extensive experience advising clients on the transfer of wealth from one generation to another, including the orderly and tax-efficient succession of family owned businesses, through the preparation and implementation of Wills, Trusts, Family Limited Partnerships and Limited Liability Companies... view profile
Taxation, including estate and succession planning and representation of taxpayers... more
Taxation, including estate and succession planning and representation of taxpayers in material tax controversies. Advice and assistance with respect to establishment of different types of legal entitites and experienced representation with respect to business, corporate, and partnership matters.
Graduated from the College of William and Mary School of Law in May of 2013. While... more
Graduated from the College of William and Mary School of Law in May of 2013. While at the College of William and Mary, I focused primarily in the area of Family Law and Domestic Relations. I have previously clerked for a Juvenile and Domestic Relations Court Judge, interned for a Guardian ad Litem in Williamsburg, VA, worked with the Department of Justice on juvenile matters, provided pro bono ... view profile
A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.