Profile

Vance represents family business owners, executives, professionals, and retirees in estate planning, business succession planning, and estate and trust administration. He provides advice on estate, gift, and income tax planning, long-term wealth preservation, and charitable planning.

He takes a holistic approach to planning and collaborates with clients and their various professional advisors, including accountants, financial advisors, and family offices. He provides advice on the preparation of wills, succession planning, life insurance planning, and revocable and irrevocable trust planning.

Many of Vance’s clients are business owners, so he often represents them in transactional planning, entity selection and formation, buy-sell arrangements, and the structuring of asset sales, stock sales, outside investments, and mergers. This work often involves planning prior to a business exit to maximize tax benefits. Vance works with clients in a variety of industries, including manufacturing and distribution, technology, real estate, construction, professional services, agriculture, healthcare, and auto dealerships.

Vance serves as the co-chair of the firm’s Estate Planning Group. He is also chair of the Lancaster Bar Association’s estate planning and probate law section and is a member of the Pennsylvania Bar Association.

EDUCATION

Georgetown University Law Center, LL.M., taxation, with distinction

Dickinson School of Law, J.D.

  • Dickinson Law Review, Editor-in-Chief

Millersville University, B.A., cum laude

HONORS/AWARDS

The Best Lawyers in America®, 2025

Readers’ Choice Top Author Award, JD Supra, 2016

Pennsylvania Rising Stars®, Super Lawyers, 2007-2008, 2010-2011, 2013-2014

Select Lawyers, 2014

Forty Under 40, Central Penn Business Journal, 2013

MEMBERSHIPS

Pennsylvania Bar Association

Lancaster Bar Association, Probate Section Chair

EXPERIENCE/REPRESENTATIVE CASES

GRAT Planning: Structured a series of Grantor Retained Annuity Trusts that resulted in the savings of significant federal estate tax for a family-owned business.

ESOP Sale Planning: Represented a group of selling shareholders of a distributor to avoid income tax on sale and to engage in trust planning post-closing to maximize estate tax avoidance.

Succession Planning: Created succession plans for owner exits (both by sale and gift) to ensure financial security for the exiting generation and long-term viability for the succeeding generation.

Grantor Trust Sales: Represented business owners in various businesses with sales of minority interests to intentionally defective grantor trusts and beneficiary defective inheritors trusts.

Life Insurance Planning: Represented numerous clients in the creation and funding of irrevocable life insurance trusts, including split dollar arrangements and premium financing arrangements.

Business Restructurings: Represented clients in various industries (manufacturing, distribution, entertainment) in restructuring their businesses to maximize income tax planning and estate tax planning opportunities.

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

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