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Divorce is often a time of uncertainty and personal upheaval. People are often uncertain about what may happen with their family relationships and personal resources. It is common for adults to focus so much on the immediate legal concerns that they face that they...
People often feel so overwhelmed by the emotional responses to a death in the family that they overlook practical issues. Even intelligent, organized individuals may let their grief dictate their conduct in the early days after someone's passing. Unfortunately, legal...
The more valuable a specific asset is, the more important it becomes to have a plan for what will happen to it when someone dies. Assets may require probate oversight to transfer to new ownership. They can be worth a lot of money, which means that they can affect the...
Going through estate administration while grieving the loss of a loved one can be overwhelming. Nonetheless, it is vital for involved parties to understand the process, especially if they are beneficiaries of the decedent’s will. If you are a beneficiary of a will, it...
It can be a difficult prospect for other people to make decisions about an adult's medical needs in an emergency. Other people may have a hard time recalling someone's wishes, and their prior conversations on the topic may no longer reflect someone's desires. An...
Family dynamics have undergone a substantial shift in recent decades. Approximately 40% of families in the United States are blended. This creates some unique situations regarding estate planning. Virginia has laws regarding heirs, and failing to account for those can...
You have spent a significant amount of time building your business, and now you are enjoying the fruits of success. And if you’re like many business owners, you hope it continues growing far into the future. Therefore, it’s crucial to outline a clear plan to safeguard...
Losing a loved one is a heartbreaking experience. Amidst your grief, you have a serious duty when you are named as the will executor. Being responsible for administering will comes with a lot of responsibilities. You have the crucial role of identifying and organizing...
A special needs trust (SNT) is a valuable tool for ensuring the financial security and well-being of a loved one with disabilities. It is an integral part of the estate plan for many families with dependents who have special needs. If you care for someone who depends...
When developing your estate plan, you’re essentially directing how your estate will be managed and distributed after your passing. While a traditional estate plan is suitable for managing physical assets and financial affairs, digital estate planning is essential for...