Abbey Farnsworth practices in the areas of estate planning, gift and estate tax, probate, trust and estate administration and business formation and structuring. Her main focus is on domestic estate planning, estate administration, and estate, gift, and generation-skipping transfer tax planning for high net worth individuals.Abbey also advises executors and trustees in matters involving estate and trust administration. Her work also includes charitable gift planning.
Abbey’s practice also includes international income and transfer tax planning for non-U.S. individuals, families and trusts. Abbey has experience assisting in the design and implementation of structures that address multijurisdictional tax challenges, information reporting (including FATCA and CRS), and other issues confronted by both U.S. and non-U.S. clients.
Prior to joining Parr Brown, Abbey worked as an associate at McGuireWoods, LLP, and in a New York law firm, advising clients on various estate and gift taxation matters and international estate planning and tax compliance.
Abbey is licensed to practice in New York and Virginia. She holds an LL.M. in Taxation from New York University School of Law and a Juris Doctor from Michigan State University College of Law, where she was an Editor for the Michigan State Law Review. She received a B.S. in Kinesiology from the University of Michigan.
Abbey Farnsworth is licensed in U.S. Tax Court, New York and Virginia only at this time.
Publications & Speaking Engagements:
-
Author, Recent Cases of interest to Fiduciaries: November 2021
McGuireWoods Legal Insights, November 11, 2021
-
Speaker, "2021 Federal and Virginia Updates to Trust and Estate Law"
New Developments in Tax and Wealth Planning: Private Wealth Services Annual Fall Seminars, October 2021
-
Author, Recent Cases of interest to Fiduciaries: April 2021
McGuireWoods Legal Insights, April 30, 2021
-
Author, Recent Cases of interest to Fiduciaries: September 2020
McGuireWoods Legal Insights, September 2, 2020
-
Author, Recent Cases of interest to Fiduciaries: June 2020
McGuireWoods Legal Insights, June 18, 2020
-
Author, Recent Cases of interest to Fiduciaries: October 2019
McGuireWoods Legal Insights, October 31, 2019
-
Author, Recent Cases of interest to Fiduciaries: August 2019
McGuireWoods Legal Insights, August 12, 2019
-
Author, Recent Cases of interest to Fiduciaries: April 2019
McGuireWoods Legal Insights, April 23, 2019
-
Author, Recent Cases of interest to Fiduciaries: July 2018
McGuireWoods Legal Insights, July 24, 2018
-
Co-Author, Tax Reduction Opportunities for Non-U.S. Families, Family Offices and Trusts after Tax Reform
Steve Leimberg’s International Tax Planning Newsletter #23
-
Author, Recent Cases of interest to Fiduciaries: January 2018
McGuireWoods Legal Insights, January 2, 2018
-
Speaker, "Developments in Tax Law"
University of Mary Washington Estate Planning Council, December 7, 2017
-
Co-author, "Intricacies of the Uniform Principal and Income Act – Part 3
Estate Planning, July 2017
-
Co-author, "Intricacies of the Uniform Principal and Income Act – Part 2"
Estate Planning, June 2017
-
Co-author, "Intricacies of the Uniform Principal and Income Act – Part 1"
Estate Planning, May 2017
-
Author, Tax Implications of Arbitration, Trusts & Estates
August 2015
-
Co-author, "The U.S. Foreign Account Tax Compliance Act: American Legal Imperialism"
ILSA Journal of International & Comparative Law, 2015
-
Author, "Cleaning Up the Blood, Sweat, and Tears of the Super Bowl [Sex Trade]: What Host Cities Must Do in Preparation for Major Sporting Events to Combat Sex Trafficking"
Virginia Sports and Entertainment Law Journal, 2013
Publications & Speaking Engagements:
-
Author, Recent Cases of interest to Fiduciaries: November 2021
McGuireWoods Legal Insights, November 11, 2021
-
Speaker, "2021 Federal and Virginia Updates to Trust and Estate Law"
New Developments in Tax and Wealth Planning: Private Wealth Services Annual Fall Seminars, October 2021
-
Author, Recent Cases of interest to Fiduciaries: April 2021
McGuireWoods Legal Insights, April 30, 2021
-
Author, Recent Cases of interest to Fiduciaries: September 2020
McGuireWoods Legal Insights, September 2, 2020
-
Author, Recent Cases of interest to Fiduciaries: June 2020
McGuireWoods Legal Insights, June 18, 2020
-
Author, Recent Cases of interest to Fiduciaries: October 2019
McGuireWoods Legal Insights, October 31, 2019
-
Author, Recent Cases of interest to Fiduciaries: August 2019
McGuireWoods Legal Insights, August 12, 2019
-
Author, Recent Cases of interest to Fiduciaries: April 2019
McGuireWoods Legal Insights, April 23, 2019
-
Author, Recent Cases of interest to Fiduciaries: July 2018
McGuireWoods Legal Insights, July 24, 2018
-
Co-Author, Tax Reduction Opportunities for Non-U.S. Families, Family Offices and Trusts after Tax Reform
Steve Leimberg’s International Tax Planning Newsletter #23
-
Author, Recent Cases of interest to Fiduciaries: January 2018
McGuireWoods Legal Insights, January 2, 2018
-
Speaker, "Developments in Tax Law"
University of Mary Washington Estate Planning Council, December 7, 2017
-
Co-author, "Intricacies of the Uniform Principal and Income Act – Part 3
Estate Planning, July 2017
-
Co-author, "Intricacies of the Uniform Principal and Income Act – Part 2"
Estate Planning, June 2017
-
Co-author, "Intricacies of the Uniform Principal and Income Act – Part 1"
Estate Planning, May 2017
-
Author, Tax Implications of Arbitration, Trusts & Estates
August 2015
-
Co-author, "The U.S. Foreign Account Tax Compliance Act: American Legal Imperialism"
ILSA Journal of International & Comparative Law, 2015
-
Author, "Cleaning Up the Blood, Sweat, and Tears of the Super Bowl [Sex Trade]: What Host Cities Must Do in Preparation for Major Sporting Events to Combat Sex Trafficking"
Virginia Sports and Entertainment Law Journal, 2013