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.