Estate Planning Services in Virginia Beach & Hampton Roads

Protect your legacy. Provide for your family. Minimize taxes and stress.

Estate planning isn’t just for the wealthy—it’s for anyone who wants to ensure their wishes are carried out and their loved ones are protected. By planning now, you can safeguard your assets, reduce taxes, and give your family clarity when it matters most.

Why plan your estate?

Without proper planning, your estate may be subject to unnecessary taxes, probate delays, and family disputes. Thoughtful estate planning ensures:

Your assets are distributed according to your wishes.

Heirs are protected from unnecessary financial or legal complications.

Healthcare and financial directives are clear if you become incapacitated.

Taxes and costs are minimized, preserving more for your loved ones.

Common questions we address

How do divorce, remarriage, or blended families affect inheritance?

What happens when heirs are too young—or not ready—to inherit?

How can you protect an inheritance from creditors?

What’s the best way to minimize estate and inheritance taxes?

Which documents do you need in place (wills, trusts, POAs, healthcare directives)?

How can charitable giving be part of your legacy?

How FasTax helps

Every family is different, and so is every estate plan. We’ll get to know your situation, guide you through your options, and work with your legal and financial team to create a plan that protects your family and honors your wishes.

Take control of your future today. Schedule your estate planning consultation with FasTax, Inc. and gain peace of mind for you and your family.

Ready to come in for an appointment?

Gain peace of mind knowing your wishes—and your family—are protected. Schedule your consultation today.

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Let Us Help:

Supporting Hampton Roads Charities? How 2026 OBBBA Charitable Giving Contributions Work

Quick Answer: Effective for the 2026 tax year, the One Big Beautiful Bill Act (OBBBA) establishes a new universal deduction allowing non-itemizers to deduct up to $1,000 ($2,000 for married couples) for qualified cash donations directly from their income. And...

Calculating Crypto Taxes Simplified For Hampton Roads Investors

Quick Answer: Crypto taxes are calculated by subtracting your cost basis from your gross proceeds for each taxable sale, swap, or purchase made with cryptocurrency. The IRS treats crypto as property, so selling crypto, trading one token for another, or earning...

How the Secure 2.0 Act Changes Beneficiary IRS Tax Rules For Your Hampton Roads Heirs

Quick Answer: Under the SECURE 2.0 beneficiary IRA tax rules, most non-spouse heirs must fully liquidate an inherited IRA within 10 years, with many also facing mandatory annual required minimum distributions (RMDs) if you pass away after age 73. Because the...

Who Can Claim the American Opportunity Tax Credit? Guidance for Hampton Roads Parents

Quick Answer: The American Opportunity Tax Credit (AOTC) must be claimed by whoever legally lists the student as a dependent on their federal tax return. If a parent claims the undergraduate, the parent gets the credit; if the student is independent, they claim...

Do You Get Better Tax Breaks For Being Married, Hampton Roads Couples?

Key TakeawaysMost married couples lower their tax liability by choosing the Married Filing Jointly status, which preserves access to deductions that separate filers lose. When there is a significant income gap between partners, combining earnings on a joint...

2026 Guide to Short-Term Rental Taxes for Hampton Roads Airbnb & VRBO Hosts

Key TakeawaysYou do not have to pay federal income tax on rental earnings if you rent your home for 14 days or fewer per year and use it personally for more than 14 days (or 10% of the rental period). You will only receive a Form 1099-K if you exceed $20,000 in...

Do You Have to Pay Taxes On Sports Betting? What Hampton Roads Bettors Need To Know

Key TakeawaysThe IRS considers all sports betting payouts as ordinary income, regardless of the amount or whether you received a tax form. For the 2026 tax year, you can only deduct 90% of your gambling losses against your winnings, even if you ended the year...

The Hampton Roads Taxpayer’s Guide: How Do I Calculate My Federal Tax Withholding?

Key TakeawaysA large refund is an interest-free loan to the government, while a big bill suggests you are at risk for IRS underpayment penalties. Updating your Form W-4 by late April allows you to spread adjustments across the majority of the year, minimizing the...

How Does Self-Employment Tax Work For Hampton Roads Taxpayers Leaving Their 9-to-5?

Key TakeawaysAs a W-2 employee, you pay half of Social Security and Medicare tax through withholding. As a self-employed taxpayer, you pay both halves through self-employment tax. Self-employment tax is 15.3% of your adjusted net earnings, and you also pay...

Mistakes Hampton Roads Taxpayers Should Avoid When Filing For a Federal Tax Extension

Key TakeawaysA federal extension provides six extra months to file, but all taxes owed must still be paid by the April 15th deadline to avoid penalties and interest. For 2026, the IRS assesses a 0.5% monthly failure-to-pay penalty plus 7% annual interest...