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M. Powell Peters

M. Powell Peters

Attorney
Location:
Virginia Beach, Virginia
Phone:
757-497-6633
888-341-7957 (Toll Free)
Fax:
757-687-3655
E-mail:
E-mail Me

M. Powell Peters' practice consists largely of advising clients with tax-advantaged ways to transfer wealth. Also, he works in the areas of trust administration, fiduciary income tax matters, fiduciary litigation and the administration of complex estates. Mr. Peters has represented many charitable trusts, public charities, foundations and trust departments. He has lectured on these subjects for the annual ODU Tax Conference, Virginia Society of CPA's, National Business Institute and others. An Elizabeth City, North Carolina native, he represents many clients in North Carolina as well as Virginia.

He was a Senior Tax Consultant at Ernst & Young from 1986 to 1991. Mr. Peters joined Payne, Gates, Farthing & Radd, P.C. in 1991. He was "Of Counsel" while he served as the Chief Financial Officer and General Counsel for Approved Financial Corporation. Mr. Peters joined Wolcott Rivers in 1995 and, through a merger, it joined with his prior firm to become Wolcott Rivers Gates.

Areas of Practice

  • Elder Law
  • Medicare and Medicaid
  • Non-Profit and Charitable Organizations
  • Probate
  • Taxation
  • Wills, Trusts and Estates

Bar Admissions

  • Virginia, 1992
  • North Carolina, 1986
  • U.S. District Court Eastern District of Virginia, 1992
  • U.S. Court of Appeals 4th Circuit, 1992
  • U.S. Tax Court, 1992

Education

  • Wake Forest University School of Law, Winston Salem, North Carolina
    • J.D. - 1986
  • Babcock Graduate School of Management, Winston Salem, North Carolina
    • M.B.A. - 1986
  • University of North Carolina, Chapel Hill, North Carolina
    • B.S. - 1982

Published Works

  • Trusts 101, National Business Institute, Inc., 2010
  • Top Estate Planning Techniques, National Business Institute, Inc., 2009
  • Fundamental Probate Procedures and Practice, National Business Institute, Inc., 2008
  • Estate, Financial and Health Care Planning for Elderly Clients, National Business Institute, Inc., 2008
  • Estate Planning and Recovery for Elderly Clients, National Business Institute, Inc., 2007
  • Probate: Beyond the Basics, National Business Institute, Inc., 2007
  • The Probate Process from Start to Finish in Virginia, National Business Institute, Inc., 2004-2008
  • Estate Planning & Probate for the Paralegal/Legal Assistant in Virginia, National Business Institute, Inc., 2004
  • Medicaid v. Long Term Care, Insurance Planning in Virginia, National Business Institute, Inc., 2004
  • Oddities and Challenges in Virginia Probate Law, National Business Institute, Inc., 2004
  • Basic Estate Administration for the Virginian Paralegal, National Business Institute, Inc., 2003
  • Virginia Elder Law: The Basics and Beyond, National Business Institute, Inc., 1993
  • Income Taxation of Virginia Corporations, National Business Institute, Inc., 1992

Classes/Seminars

  • Lecturer, Asset Protection, Charitable Gift Planning, Elder Law, Estate Planning, Estate Settlement, Medicaid Planning, Tax Planning and Trust Administration

Honors and Awards

  • Accredited Estate Planner, National Association of Estate Planners & Councils
  • Celtic Cross Award
  • Eagle Scout, Order of the Arrow
  • Emeritus Board Member, Jean Outland Chrysler Library
  • Outstanding Achievement in Support of Philanthropy Award, Tidewater Jewish Foundation

Professional Associations and Memberships

  • Hampton Roads Estate Planning Council, Past President
  • Hampton Roads Tax Forum, Past President
  • Hampton Roads Gift Planning Council, Director
  • National Association of Estate Planners and Councils, Past Board Member
  • Norfolk & Portsmouth Bar Association
  • North Carolina Bar Association (Elder Law, Estate Planning and Fiduciary Law and Tax Law)
  • North Carolina State Bar
  • Virginia Bar Association (Elder Law, Taxation, Wills, Trusts and Estates)
  • Virginia State Bar, Taxation Section, Past President, Board of Governors
  • Virginia State Bar, Taxation, Trusts and Estates

Pro Bono Activities

  • Bayside Presbyterian Church, Elder; Moderator Endowment Fund Committee
  • Chrysler Museum, Professional Advisory Committee
  • Cub Scout Pack 364, Past Committee Chairman
  • Elizabeth City State University Foundation, Professional Advisory Committee
  • Friends of the Jean Outland Chrysler Library, Past Chairman
  • Friends of the Adam Thoroughgood House, Past Secretary
  • Lead Hampton Roads, Class of 2001
  • Odyssey Hospice, Professional Advisory Committee
  • Portsmouth Community Foundation, Professional Advisory Committee
  • Thoroughgood Civic League, Past President
  • Tidewater Council, Boy Scouts of America, Past Vice President
  • Virginia Beach Foundation, Past Trustee and Professional Advisory Committee
  • Volunteer Hampton Roads, Past Training Chairman

Languages

  • English

Fraternities/Sororities

  • Pi Kappa Alpha
  • Phi Delta Phi