I am often asked “Why don’t people seriously plan their estates?” I’ve heard many different reasons over 40 years as an Estate and Trust Planning attorney. The most common reason, I believe, is at one time or another, we tend to PROCRASTINATE. Why? Because we think that acting – doing something now – will produce more pain (and cost) than not doing anything.
As I explain to clients, look at estate planning as LIVING PLANNING – just as you would plan a vacation, retirement or wedding. In fact, it is your attempt to use your creative ideas and your resources to develop an environment (and a plan) for yourself and family that will extend far beyond your life. It is your opportunity to share your values, guiding principles, spiritual beliefs with your family and make sure your wealth is left to YOUR loves ones, at the RIGHT time, in the RIGHT way; minimizing administration costs and avoiding death taxes.
Dick has authored many articles on Estate Planning, including publication in the Virginia State Bar’s Trusts and Estates. In addition, Dick is a frequent speaker before civic, social, and professional groups. He has co-authored three books on Estate and Trust Planning: LEGACY—Plan, Protect and Preserve Your Estate, GENERATIONS—Planning Your Legacy and LOVE, MONEY, CONTROL—Reinventing Estate Planning. Dick also serves as Chairman of the Board of Principals for the firm and in this role gives guidance and direction for the firm and its’ attorneys.
Principal, Ferris & Associate, A Division of Carrell Blanton Garrett & Van Horn, PLC, 2011 to present
Founder, Ferris & Associates, P.C. Law Practice in Williamsburg, Virginia focused on estate, business & trust planning and estate, probate administration, 1993 – 2011
Senior Vice President, Aetna Life and Casualty, Estate, Tax and Trust Administration Division, 1971-1992
Assistant Attorney General Ohio Attorney General’s Office,Tax Section, 1970-1971
American College of Financial Planners, Masters of Science in Financial Services, Chartered Life Underwriter and Charter Financial Consultant, 1986
Boston University Tax Program, LL.M. in Taxation, 1978
Ohio Northern University, College of Law, Juris Doctor 1970
University of Dayton, Bachelor of Science, 1967
Virginia Bar Association
Williamsburg Bar Association
Ohio State Bar Association
District of Columbia Bar
American Bar Association
U. S. Tax Court – D.C.
National Network of Estate Planning Attorneys
Society of Financial Service Professionals (CLU, ChFC)
Peninsula Estate Planning Council – Board of Directors
Williamsburg Chamber of Commerce