Thomas C. Foster

Tom is a member of the McCandlish Holton Tax Section and Corporate Department with a primary emphasis on employee benefits. Regarding employee benefits, his clients include major financial institutions, employers in diverse industries, accountants and employee benefits consultants.

Additional areas of practice emphasis include: tax issues in business structuring, state and local taxation, payroll taxes (especially with international employees) and conservation easements.

Tom has been practicing law with McCandlish Holton since 1994. Prior to joining the firm, Tom had 20 years of related experience, primarily as an officer of a major bank employee benefit trust department.

Recognitions

• The Best Lawyers in America for 2010, Employee Benefits
• Virginia Super Lawers, Tax,  2012

Professional and Community Involvement

• American Bar Association, Taxation Section, Employee Benefits Committee, former Chair IRA Subcommittee)
• Virginia State Bar, Taxation Section
• Richmond Bar Association, former member Finance Committee
• Central Virginia Employee Benefits Council, former president
• Virginia Outdoors Foundation Easement Template Legal Advisory Panel
• Retirement Benefits Editorial Board of Trusts and Estates Magazine, the Journal of Wealth Management for Estate Planning Professionals

Publications and Presentations

• "Review of 'Designated Beneficiary Agreements: A Step in the Right Direction for Unmarried Couples,'" February 2012, Trusts and Estates Magazine, the Journal of Wealth Management for Estate Planning Professionals.
• "Review of 'A Testamentary Gift of Felony: Avoiding Criminal Penalties From Estate Firearms,'" July 2011, Trusts and Estates Magazine, the Journal of Wealth Management for Estate Planning Professionals.
• “Review of 'Formal Execution and Informal Revocation: Manifestations of Probate's Family Protection Policy,’” July 2010, Trusts and Estates Magazine, the Journal of Wealth Management for Estate Planning Professionals.
• “Client Considering Using His IRA For an Unconventional Investment?,” September 2008, Trust and Estates Magazine, the Journal of Wealth Management for Estate Planning Professionals.
• “Section 409A Alert,” September 2007, Trust and Estates Magazine, the Journal of Wealth Management for Estate Planning Professionals.
• “Keeping Benefits Safe From Creditors,” September 2005, Trust and Estates Magazine, the Journal of Wealth Management for Estate Planning Professionals.
• “New Legislation Changes Retirement Savings Rules,” September 2001, Trusts and Estates Magazine, the Journal of Wealth Management for Estate Planning Professionals.