Profile
Vance chairs the Estate Planning practice group and concentrates his practice in the areas of estate planning, business succession planning, and estate and trust administration. Vance is a trusted advisor to multiple generations of families and their businesses.
What is Vance’s Approach to the Practice of Law?
The hallmark of Vance’s practice is providing prompt and understandable advice to clients and to work collaboratively with their various professional advisors, such as accountants, financial advisors, and family offices.
How does Vance spend his free time?
In his free time, Vance enjoys spending time with his wife and three children, who keep him very busy with various activities. When not spending time with his family, you can find him on the golf course or rooting for his favorite Pittsburgh sports teams.
EDUCATION
Millersville University, B.A., 1996
Dickinson School of Law, J.D., 1999, Dickinson Law Review, Editor-in-Chief
Georgetown University Law Center, LL.M., Taxation, 2002, with distinction
HONORS/AWARDS
Central Pennsylvania Forty Under 40, 2013
Pennsylvania Rising Stars®, 2007-present
Select Lawyers, 2014
Readers’ Choice Award, 2016
MEMBERSHIPS
Pennsylvania Bar Association
Lancaster Bar Association, Vice Chair of the Probate Section
EXPERIENCE/REPRESENTATIVE CASES
Vance represents business owners, executives, professionals, and retirees in all phases of estate and tax planning. A sampling of his services include:
- Stock sale transactions to ESOPs coupled with the use of qualified replacement property to provide liquidity and income tax savings
- Planning with grantor retained annuity trusts and spousal access trusts to facilitate the transfer of family owned businesses and other assets
- Complex life insurance planning, including split-dollar planning, premium financing, and the use of Irrevocable Trusts
- The sale of business assets to Defective Grantor Trusts
- Creating charitable planning structures, including the use of Charitable Lead Trusts, Charitable Remainder Trusts, and the creation of private foundations
- Serving as “outside general counsel” to successful families and their businesses
- Providing advice on the structure of buy-sell agreements and succession planning
- Representing executors and trustees in the administration of estates and trusts
Bar Admissions
Pennsylvania
PUBLICATIONS
May 4, 2023 - Four Estate and Tax Planning Opportunities in an Uncertain Environment
The Legal Intelligencer
March 1, 2023 - Exploring Pennsylvania Inheritance Tax Exemptions for Qualified Family-Owned Business Interests and Agricultural Properties
The Legal Intelligencer
September 15, 2021 - Proposed Tax Law Changes
McNees Insights Newsletter - Estate Planning
August 19, 2021 - Tax Planning for 2021
McNees Insights Newsletter - Estate Planning
November 17, 2020 - Divided Government Should Prove Favorable
September 15, 2020 - Estate Planning and the Upcoming Elections
McNees Insights
March 13, 2020 - Estate Planning and Coronavirus
McNees Insights
March 2, 2020 - McNees Insights - Estate Planning
Reviewing Your Estate Plan | The Effect on the Secure Act on Trusts
March 27, 2019 - McNees Insights - Estate Planning News
Estate Planning for Real Estate Owners | Health Care Decision-Making in PA
January 7, 2019 - McNees Insights: Estate Planning Newsletter
Estate Planning After the Mid-Term Elections / Hold On (to the Original Will)
September 19, 2018 - McNees Insights Estate Planning News
IN THIS ISSUE: Modifying Irrevocable Trusts 101 | Estate Planning for Second Marriages | To Gift or Not to Gift
September 19, 2018 - McNees Insights Estate Planning News
IN THIS ISSUE: Modifying Irrevocable Trusts 101 | Estate Planning for Second Marriages | To Gift of Not to Gift
March 27, 2018 - Estate Planning for Millennials and the "Middle Class" | Business Succession Planning Under the Tax Cut and Jobs Act
McNees Insights - Estate Planning News
February 23, 2018 - A Taxing Transformation: Sponsored Roundtable
Central Penn Business Journal
January 16, 2018 - The Impact of the Tax Cuts and Jobs Act
McNees Insights Estate Planning
November 7, 2017 - The Tax Cuts and Jobs Act
McNees Insights News
July 14, 2017 - McNees Insights - Estate Planning Newsletter
Deducting Miscellaneous Itemized Deductions l Trust Modifications and Terminations by Agreement l Business Succession Planning in an Uncertain Tax Environment
November 11, 2016 - McNees Insights Newsletter - Estate Planning
IN THIS ISSUE: IRS Simplifies Rules for Correcting Late Rollovers l Controlling From the Grave - Incentive Trusts l Life Insurance Due Diligence In Estate Planning
June 24, 2016 - Estate Planning for Real Estate
June 2, 2016 - McNees Insights - Estate Planning June Newsletter
IN THIS ISSUE: Education Tax Credits l Dying Without A Will l The Future of Credit Shelter Trusts
May 4, 2016 - Life Insurance and Estate Planning
April 15, 2016 - Ten Tips for Preventing Feuds from Wrecking Your Family Business
March 1, 2016 - Ten Tips for a Successful Business Succession Plan
March 1, 2016 - Business Succession Planning
February 5, 2016 - Business Succession Planning
January 8, 2016 - Business Succession Planning
September 18, 2015 - McNees Insights- Estate Planning - Fall 2015
In this issue: Transferring The Family Business - Timing Is Everything l Have You Considered A Reverse Mortgage?
March 24, 2015 - McNees Insights- Estate Planning - Spring 2015
In this issue: In Defense of Probate l Life Insurance and Estate Planning l Who Will Get Your Assets - The Hazards of Beneficiary Designations
October 19, 2014 - McNees Insights - Estate Planning - Fall 2014
In this issue: Year-End Tax Planning 2014 l Pennsylvania Makes Significant Changes to Power of Attorney Law l Have You Reviewed Your Estate Plan Recently?
June 20, 2014 - McNees Insights - Estate Planning
- Summer 2014
In this issue: Transitioning The Family Business to the Next Generation l Charitable Trusts and Estate Planning l Recent Tax Developments
February 6, 2014 - The Use of Trusts in Business Succession Planning
November 7, 2013 - McNees Insights - Asset Planning and Federal Taxation - Fall 2013
In this issue: Timely Year-End Tax Planning Can Reduce Taxes l Income Tax Cost Basis Planning l Marriage and Taxes in 2013
July 9, 2013 - McNees Insights - Asset Planning and Federal Taxation - Summer 2013
In this issue: Qualified Family Business Exemption for Inheritance Tax l 3.8% Medicare Tax on Net Investment Income l Payable on Death Accounts – Pros and Cons
April 17, 2013 - Business Succession Planning
March 17, 2013 - McNees Insights - Asset Planning and Federal Taxation - Spring 2013
In this issue: ATRA 2012 – How Does it Affect You? l Planning and Paying for Long-Term Care l Obama Revenue Raising Proposals
