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...
As Virginians prepare for the future by creating an estate plan, it is easy to forget about ancillary aspects that could be important. In addition to a will, a trust and other documents that will determine where their property will go after they have died, advanced...
A common misconception has it that estate planning is entirely focused on what happens to your property after you die. In fact, estate planning can be extremely important in protecting you and your property for the rest of your life. One example of this involves...
As a parent, you worry about your children every day. They are never far from your thoughts, and when you create your estate plan, you should consider what will happen to your minor children. Of course, this means using estate planning instruments like wills and...
