The principal types of clients whom Toy regularly represents include families and individuals and their estates and trusts, financial institutions, manufacturers, U.S. subsidiaries of foreign corporations and charitable foundations.

    • Education

      • LL.B., University of Virginia, 1948
      • B.A., University of Virginia, 1942

      Professional Recognition

      • Virginia Law Foundation: Fellow
      • American Bar Foundation: Fellow
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    • Memberships

      • Virginia State Bar
      • American Bar Association
      • Virginia Bar Association: past President
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      • Virginia House of Delegates: former member (1954-1964)
      • Governor's Industrial Development Advisory Board: former member
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  • Handled tax planning for businesses, individuals and fiduciaries.
  • Practiced before IRS in protest of assessments and requests for rulings.
  • Litigated tax claims.

Trusts and Estates

  • Planned estates, paying special attention to the important analysis of the tax implications of the administrative process, including the consequences of tax elections.
  • Administered estates and trusts, especially those involving substantial assets, family businesses or benefit plans of corporate executives.

Business Planning

  • Experienced in the reorganization of businesses.
  • Executed mergers and acquisitions of publicly-held, close and family businesses.
  • Designed executive compensation agreements and programs.
  • Served as an advisor to management of numerous entities. Toy D. Savage, Jr. Member (1921-2017) Willcox & Savage, P.C. (757) 628-5500 (757) 628-5566
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