Spinning circle Big letter B

Nathan R. Olansen is the Managing Shareholder in the law firm of Midgett Preti Olansen. His practice is focused on estate planning, probate and trust administration, IRS and state and local tax audit and tax collection cases, as well as individual and entity tax planning, asset protection and a variety of related transactional matters such as business succession planning, business entity start-ups and tax planning for divorce.

Nathan has extensive experience in drafting and implementing all types of basic and complex estate planning documents such as revocable trusts, irrevocable life insurance trusts (ILIT), grantor retained annuity trusts (GRAT), charitable remainder trusts (CRT), asset protection trusts, and generation skipping transfer tax trusts. Mr. Olansen also assists clients with the administration of trusts and estates, whether through the probate process or in private trusts, and often serves as the executor and/or trustee for clients seeking long-term, professional trust management. Mr. Olansen also has extensive experience in individual, gift, estate and trust income tax compliance and preparation (Form 1040, 1041, 706 and 709), and trust and estate fiduciary accounting preparation.

A significant part of Mr. Olansen’s tax practice is dedicated to representing individuals and businesses before the IRS, state, and local taxing authorities in tax disputes, audits, appeals and collection actions. Nathan’s tax collection practice helps clients by removing levies, garnishments and liens, amending and correcting previous tax returns, filing delinquent tax returns, negotiating with the IRS and state governments to establish payment plans, conducting Collection Due Process Hearings (CDP), and submitting Offers in Compromise (OIC) to settle taxpayer debts that cannot be repaid.

In addition to being an attorney, Nathan is also a certified public accountant, and served in the U.S. Marine Corps as a member of Delta Co., 4th Light Armored Reconnaissance Battalion.

Contact & Links
Location
  • 2901 South Lynnhaven Road, Suite 120
    Virginia Beach, VA 23452
Education
  • Regent University, J.D., graduated 2000
  • Old Dominion University, BS, graduated 1995
Bar Admissions
  • Virginia, 2000
  • North Carolina, 2019
Affiliations
  • American Bar Association Tax Section - Member
  • Hampton Roads Estate Planning Council - 2nd Vice President
  • Virginia State Bar Tax Section - Member
  • Hampton Roads Tax Forum - Board Member, Past President
  • Virginia Society of CPAs - Member
  • Virginia State Bar Trusts & Estates Section - Past President
Court Admissions
  • United States Ditrict Court, Eastern District of Virginia
  • United States Court of Appeals, 4th District
  • United States Tax Court
  • United States Supreme Court
  • Virginia Supreme Court

Recognized in The Best Lawyers in America® 2024 for work in:
  • Litigation - Trusts and Estates
  • Litigation and Controversy - Tax
  • Tax Law
  • Trusts and Estates
Awards:
  • AV® Preeminent ™ Peer Review Rating by LexisNexis Martindale-Hubbell
  • The Best Lawyers in America®, Litigation and Controversy–Tax

  • The Best Lawyers in America®, Litigation-Trusts and Estates
  • The Best Lawyers in America®, Trusts and Estates
  • The Best Lawyers in America®, Tax

  • Accredited Estate Planner®, National Association of Estate Planners & Councils
  • AVVO - Superb 10.0/10.0 rating
Additional Areas of Practice:
  • Corporate Governance Law

Areas of Concentration

Estate Planning

Estate and Trust Administration

IRS, State and Local Tax Audits and Collections

Transactional Tax Planning

Expert Witness Engagements

Burton, et al. v. Dolph, et al., Case No. CL13-6812, Circuit Court for the City of Norfolk, Virginia, 2013 (establishing de facto trustee and breach of fiduciary duties – case settled before trial).

Collier, et al v. Collier, et al, Case No. CL 11-1222, Circuit Court for the City of Virginia Beach, Virginia, 2012 (breach of fiduciary duties - case settled before trial).

Heikennen v. Delevan, consolidated Case Nos. CL09-8059; CL10-2381 and CL10-1828, Circuit Court for the City of Norfolk, 2009, 2010 and 2011 (breach of fiduciary duties – case settled before trial).

Presentations

Revocable Living Trusts, National Business Institute, May 2017

The Probate Process Explained, National Business Institute, October 2016

Understanding Sales and Use Tax, National Business Institute, September 2016

Uncovering the Laws of Intestacy, National Business Institute, August 2016

Determining if the Elective Share is Reasonable, National Business Institute, August 2016

Estate Planning for Small to Moderate Sized Estates in Light of Portability, Virginia CLE Annual Trusts and Estates Seminar, October 2013

Trusts Used for Tax Reduction, National Business Institute, May 2017, June 2015, June 2013 and October 2010

Estate Planning Basics, National Business Institute, April 2013 and December 2011

The Unrelated Business Income Tax, National Business Institute, December 2012

Basic Fiduciary Income Taxation, Virginia CLE Annual Trusts and Estates Seminar, October 2012

Estate Planning for Blended Families, National Business Institute, August 2012

Drafting Effective Wills and Trusts, National Business Institute, August 2011

Building, Preserving & Realizing Value in Your Privately Held Business, The SBI Owners Council Quarterly Symposium, March 2011

Trusts 101, National Business Institute, October 2010

Probate: Beyond the Basics, National Business Institute, July 2009

Spring 2009 Tax Update, Tidewater Builders Association, April 2009

Tax Traps for the Divorce Attorney, Virginia CLE, December 2004

Publications

Tax Legislation Update, Small Business Insight, October 2010

Protecting the IRA from the Claims of Beneficiary Creditors, Trusts & Estates Section Newsletter of the Virginia State Bar, December 2008

Tax Efficient Transfers of Qualified Accounts, The Quarterly Counselor, July 2008

From a Judicial Clerk’s Perspective: The Ten Most Common and Costly Mistakes Made in No-Fault Divorce Proceedings, General Practice Plus, December 2000

Your browser is not fully compatible with our automatic printer friendly formatting.

Please use the print button to print this profile page.

Spinning circle Big letter B