Note: The information given on this website does not constitute legal or accounting advice or opinion, and should not be relied upon for any planning purposes. it is provided solely and exclusively for general, non-specific educational purposes and to advise the reader of the nature of the services offered individually by my law firm. Planning of this nature is necessarily very circumstance-specific and therefore it would be dangerous to apply the very general rules described herein to any singular fact-pattern. Prudence demands that you consult with an experienced professional licensed in Virginia before attempting any of the planning techniques described herein. Additionally, the information given is not meant to be a substitute for legal representation. It provides general legal information to help people understand their legal rights but is not a substitute for personal legal advice from an attorney. however, laws change and individual circumstances vary. – Billy J. Seabolt, Esq.