I have over 10 years of experience in estate and trust administration. I continue to... more
I have over 10 years of experience in estate and trust administration. I continue to be in demand to speak before legal, accounting, and business groups. I am Co-Chair of the Wills, Trusts and Estates Section of the Fairfax Bar Association. I am Secretary of the McLean Estate Planning Council. I am a Member of the National Academy of Elder Law Attorneys. I am licensed by the bar associations of... view profile
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
Mr. Smolen has gained recognition over the past 31 years for his knowledge of... more
Mr. Smolen has gained recognition over the past 31 years for his knowledge of complex business transactions, trusts and estates. He incorporates both his business and financial acumen and estate experience to formulate integrated plans for the benefit of his clients. Mr. Smolen has appeared as a guest expert on television programs and has had articles published in various forums.Mr. Smolen is a... view profile
Everyone needs some form of estate planningwhether youre starting a family or... more
Everyone needs some form of estate planningwhether youre starting a family or retiringa comprehensive estate and asset protection plan allows you to make important decisions about your finances, family and health care during your lifetime.
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.
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.