IN MEMORIAM: Nancy G. Fax

Estate Planning

Estate and Trust Administration

Premarital Agreements

Education

B.A., Case Western Reserve University

J.D., Georgetown University Law Center

LL.M in Taxation, Georgetown University Law Center

Bar Admissions

Maryland

District of Columbia

Virginia

Our mentor, colleague, and treasured friend Nancy Fax, who served for many years as our firm’s Managing Partner, died on June 4, 2018, after a brief struggle with pancreatic cancer.  Nancy was a recognized expert in the field of estates and trusts law and served her community generously, serving on several nonprofit boards over the years.  While Nancy is irreplaceable, we are committed to ensuring that her clients continue to receive the exceptional service for which Nancy was known.  Please contact us at our main number or info@pasternakfidis.com to learn more about finding an attorney to update your estate plan.

Presentations

  • “Current Local Developments, D.C. Maryland and Virginia,” Advanced Estate Planning Institute, Georgetown University Law Center
  • “Qualified Personal Residence Trusts,” District of Columbia Bar, Section of Taxation, Washington, D.C.
  • “Using and Drafting Trusts in Estate Planning,” Maryland Institute for Continuing Professional Education of Lawyers
  • “Planning for $5 Million to $10 Million Estates,” District of Columbia Bar, Section of Taxation
  • “Uniform Trust Act,” D.C. Estate Planning Council
  • “Practical Drafting Under the New D.C. Uniform Trust Law,” District of Columbia Bar, Section of Estates, Trusts and Probate Law
  • “Estate Planning for the Next Generation(s) of Clients,” Hecklering Institute on Estate Planning
  • “Difficult Clients, Difficult Situations: Practical Ways to Manage Professional Conversations,” American College of Trust & Estate Counsel
  • “Decoupled Estate Tax Exemptions: What’s An Estate Planner To Do?” American College of Trust & Estate Counsel
  • “Ten Things Your State Legislature Should Know About The Uniform Trust Code,” American College of Trust & Estate Counsel
  • “Premarital Agreements: Planning for Death and Divorce,” D.C. Bar (March 2018)

Recognition

  • Best Lawyers – Trusts & Estates Law (Maryland, 2006-2018)
  • Best Lawyers – Lawyer of the Year in Trust and Estates (Washington, DC, 2017)
  • Chambers & Partners, High Net Worth, Notable Practitioner (Washington, DC, 2016-2018)
  • Super Lawyers – Estate Planning & Probate Law (Washington, DC, 2007-2018)
  • Super Lawyers – Top 50 Women Lawyers (Washington, DC, 2017)
  • Super Lawyers – Top 100 Lawyers (Maryland, 2012-2014, 2017)
  • Super Lawyers – Top 50 Women Lawyers; Estate Planning & Probate (Maryland, 2009, 2012-2017)
  • Washingtonian – Top 30 Lawyers in the Washington, D.C. Metropolitan Area
  • Washingtonian – Top Financial Planners in the Washington, D.C. Metropolitan Area
  • Bethesda Magazine – Top Wills & Estates Lawyers in Montgomery County
  • ACTEC Observer, Uniform Law Commission, Premarital and Marital Agreements
  • Super Lawyers – Estate Planning & Probate Law (Maryland, 2007-2018)

Books

Publications

  • “Community Foundation Donor-Advised Funds: Efficient and Effective Charitable Giving,” Maryland Bar Journal
  • “Practical Drafting Under the Uniform Trust Code,” Wealth Strategies Journal
  • “Beyond Traditional: Domestic Partners Can Use Trusts to Fulfill Their Estate-Planning Needs,” Legal Times
  • Editor, District of Columbia Developments, Washington, DC Estate Planning Council Newsletter, 1995–2003

Blog Posts

April 1, 2013

American Taxpayer Relief Act and Estate Planning

The American Taxpayer Relief Act of 2012 (the “Act”), which includes a variety of changes to the Internal Revenue Code, will affect most American taxpayers.  In this article, we will address the key estate tax, gift tax and generation-skipping transfer (GST) tax elements of the legislation.

Prior to passage of the Act, the federal estate tax, gift tax and GST tax laws were scheduled to change dramatically as of January 1, 2013.  For example, although the gift tax exemption was $5,120,000 in 2012, it was scheduled to be reduced to $1,000,000 in 2013. The gift tax rate (for amounts above the exemption) was a flat 35% in 2012, but was scheduled to revert to a graduated tax with a top rate of 55% in 2013…. MORE >