Overview

Cynthia Gausvik is a Tysons private wealth services attorney who concentrates her tax and estate planning practice on advising high-net-worth families and closely held business owners.

Ms. Gausvik advises real estate owners and developers, construction company owners, retail company owners, technology entrepreneurs and government contractors in connection with their estate, gift and generation-skipping tax planning.

As part of her services, Ms. Gausvik structures the ownership of closely held businesses using trusts, limited liability companies and family-limited partnerships to reduce the transfer taxes associated with various transactions, including preliquidity event planning.

In addition, she advises executives, personal representatives, trustees and beneficiaries regarding probate, estate and trust administration. She also represents public charities and private foundations in establishing and maintaining tax-exempt status.

Ms. Gausvik is well-versed in helping clients achieve a variety of financial objectives, such as minimizing tax, retaining control over assets, providing for the special needs of family members, and managing charitable giving and asset protection. She strategically positions her clients by employing innovative planning techniques, such as generation-skipping and perpetual dynasty trusts, partnership freezes, split-interest purchases, qualified personal residence trusts, grantor retained annuity trusts, charitable trusts, sales to grantor trusts and family-limited partnerships. She also routinely implements traditional estate planning techniques, including revocable living trusts, wills and irrevocable life insurance trusts.

Credentials

Education
  • Georgetown University Law Center, LL.M., Taxation
  • American University, Washington College of Law, J.D.
  • University of Virginia, B.A.
Bar Admissions/Licenses
  • District of Columbia
  • Maryland
  • Virginia
Memberships
  • Northern Virginia Estate Planning Council
  • Washington, D.C. Estate Planning Council
  • University of Virginia Gift Planning Council
  • The Langley School, Finance Committee
  • George Mason University College of Science, Ambassadors Advisory Board
  • Community Foundation for Northern Virginia, Board Member
Honors & Awards
  • The Best Lawyers in America guide, Trusts and Estates in Washington, D.C., 2012-2019; Virginia, 2014-2016, 2020; Baltimore, 2013
  • Virginia's Legal Elite, Virginia Business magazine, 2015

Publications

News