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Grandparents often feel a deep sense of responsibility to ensure their grandchildren's financial security. Many choose to leave money behind to support their grandchildren as they grow older, whether for education, a new home, or other significant life milestones....
Long-term care planning is one of many things people must worry about later in life. And, in today’s blog post, we shed light on how you can strategically plan for LTC while considering Medicaid eligibility. Understanding Virginia Medicaid Long-Term Care Programs Our...
As your parents age, you might find yourself worried about the future of their health care, their financial decisions and the distribution of their assets upon their passing. Ultimately, figuring out how to deal with those issues falls on your parents, but if they’re...
Many Americans are in good shape well into their 80s and even beyond, but the longer we live, the more likely we are to develop mobility problems and other health issues that require extensive care. In fact, according to one widely-cited statistics, 70% of Americans...
A quick Internet search will uncover countess self-help resources related to estate planning. That might give you a sense of relief and control over the process, giving you an opportunity to save time and costs, but you have to be careful when you embark on DIY estate...
Absolutely! The estate planning process gives you wide discretion in how you leave your assets to your loved ones. If you want to motivate your loved ones to graduate from college, get married or have children, then you can mold your estate plan to suit your goals....
Deciding to have a will drafted is a good idea. You have taken a positive step which will ensure your property is distributed to the people you want after you pass away. You will also have peace of mind knowing your family will be taken care of when you are gone....
Estate planning is a complex and sensitive process that involves legal and personal decisions. One question that comes up when creating a will is whether they can disinherit a family member, like a child. Disinheriting a spouse In Virginia, it is nearly impossible to...
You don’t want to wait too long to develop your estate plan. If you pass without an estate plan, your assets could be distributed according to state law, which could significantly deviate from what you want for your assets and your loved ones. But for some, creating...
When formulating an estate plan in Virginia, people are well-advised to ensure that it complies with the law. For those writing a will, it is particularly important. This is key to it being completed as the testator wants and that their objectives laid out in the...