A Virginia attorney with nearly 40 years of experience in estate planning and in administering trusts was publicly reprimanded with terms for taking a $2,500 loan from a life insurance policy before changing the policy’s beneficiary while overseeing a trust agreement.
A three-judge panel of the Virginia Beach Circuit Court approved the agreed disposition for a public reprimand with terms for Kevin B. Rack, who allegedly violated Rules of Professional Conduct pertaining to fees and conflict of interest, according to the order signed Jan. 27 by Designated Chief Judge Paul W. Cella, of the Fourteenth Judicial Circuit. Judge Carson E. Saunders Jr., of the Sixth Judicial Circuit, and Judge Randall G. Johnson Jr., of the Fourteenth Judicial Circuit, also made up the panel.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
