Condolences, Gratitude and a Prayer for Light in the Darkness

#VBStrong We were stunned the afternoon of Friday, May 31st to hear news reports of a mass shooting at Building 2 of the Virginia Beach Municipal Center, which we soon learned had taken the lives of twelve of our neighbors.  All of us at Rack & Moccia join with our community in expressing condolences to … Continued


Congratulations Shareholders!

Kevin Rack was recognized for 10 consecutive years (2009 – 2019) on the list of Best Lawyers in America for excellence in the practice areas of “Trusts & Estates” as published annually by U.S. News & World Report. Kevin was also named to the list of Virginia’s Super Lawyers for 2019 in Estate Planning and … Continued


Estate and Gift Tax Exemption Amounts (2019)

  Estates: Decedents passing in 2019 may be subject to an estate tax, with an applicable exclusion amount of $11,400,000 and a marginal tax rate of 40%.     Gifts: For gifts made during 2019, the lifetime gift tax exemption is $11,400,000 and the marginal tax rate remains at 40%.   The gift tax annual … Continued


Estate Tax Exemption More Than Doubles in 2018

Estate Tax Advisory Alert   When the estate tax exemption amount was doubled to $11.2 million beginning this year, the estate planning strategies implemented in many of the trust documents prepared over the last 30 years became unnecessary.  While this tax relief is welcome news, it also presents the challenge to amend and restate those … Continued


Rack Named to JMU Board

Kevin B. Rack was named to the Alumni Advisory Board for the School of Liberal Arts at James Madison University for a three-year term.  Mr. Rack received his B.A. in English (’80) at JMU, and he later served as President of the Tidewater Chapter of the Alumni Association for several years.  He is proud to … Continued


2018 “Top Lawyers”

We are pleased to announce both shareholders, Kevin B. Rack and Jennifer L. Moccia, have made the 2018 “Top Lawyers” list for Coastal Virginia Magazine and CoVa BIZ Magazine. Look for their “Top Lawyers” listings in the upcoming year-end issues of CoVa BIZ and Coastal Virginia Magazine to see how their peers recognized them in … Continued


“Saving Our Racks”

“Saving Our Racks” – The attorneys and staff of Rack & Moccia, P.C. are so proud to recognize those who bravely participated in the fund-raising activities of the law firm team in the American Cancer Society’s 2017 “Making Strides Against Breast Cancer” campaign. As co-captains, Wanda Parsons and Tania Dilley organized a chili cookoff, hosted … Continued


Congratulations to Jennifer L. Moccia

Congratulations to one of our shareholders, Jennifer L. Moccia, who has once again been selected by her peers to be included in the combined category of “Taxes, Estates, Trusts, Elder Law” category of “Virginia’s Legal Elite” for 2017.


Latest Firm News & Announcements

Kevin B. Rack recently presented “Client Confidentiality in a Digital World: New ABA Ethics Opinion #477” as a part of the 36th Annual Trusts and Estates continuing legal education program hosted in Fairfax, Roanoke and Williamsburg in October.  Mr. Rack’s representation clarified for Virginia attorneys the implications of the “technology amendments” to the Rules of … Continued


Virginia Enacts Changes to Spousal Elective Share Rules (Effective 1/1/2017)

During its 2016 Session, the General Assembly of Virginia amended its elective share statutes (which allow a surviving spouse to claim a percentage of the augmented estate of the deceased spouse) to include new terms of the Revised Uniform Probate Code. While the previously enacted Code provisions for the determination of an elective share were … Continued