Estate Planning

Did you know that some people create several wills over their lifetimes? When the contents of a will no longer meet their needs, many people just make a new one. You do not need to make a new will every time your life undergoes significant changes. Instead, you can...

Making an estate plan is a responsible thing to do as an adult, especially if you have children. With an estate plan, you can ensure that your spouse and kids receive your assets when you pass away. However, things in life change. When they do, your estate plan needs...

Whether you started your company or inherited it from a family member, it may be more valuable than any other single asset included in your estate plan. Like any other particularly valuable asset, a business requires careful consideration. Do you want it to remain...

Estate planning is important at any stage in your life, but some people believe that it isn't as important when they have young children. A lot of this has to do with their own age. They assume that they have years to worry about how they will pass their assets on to...

You are certainly not on your own if you don't have a will or any other documents for your estate plan. Studies have found that most people in the United States do not have a plan in place. It is more common for older individuals to have an estate plan, but even a lot...

A typical estate planning scenario. You get together with an estate planning professional. It takes some time, but eventually, you create a sound plan that protects your loved ones and your assets. It sounds like a recipe for estate planning success except for one...

When most people think of estate planning, they think of things like making sure that the intended person gets the house. There’s another aspect to estate planning that you need to think about. You can provide instructions about your medical care and name someone to...

If you’re one of the many people living in the Northern Virginia area whose spouse is not (or at least not yet) a U.S. citizen, you may wonder if their immigration status affects your estate planning. Specifically, does it affect their right to an inheritance?  The...

Making an estate plan is often an involved process. You have to make a list of essentially all of your financial assets and your debts to decide how to structure your legacy. You have to analyze your relationships and consider issues like taxes. All of that careful...

When you die, you want your property to go to certain people in your family. You may want your children to inherit your real estate or your best friend to inherit the car you rebuilt together. Many people working on their estate plans become so focused on distributing...