Call Today:
703-794-5630
Providing Peace Of Mind
For You And Your Family
You have spent years nurturing and providing for your children as a parent. But what happens when circumstances force you to consider disinheriting a child? This is not easy, yet sometimes it becomes necessary. Below are reasons you might consider this option and the...
Probate can be lengthy and costly and can eat away at the value of your estate. Many people want to ensure their assets go to their loved ones without the hassle of probate. That is why understanding which assets bypass probate in Virginia can make estate planning...
Creating an estate plan is essential for anyone looking to safeguard their assets and ensure their wealth is distributed according to their wishes. Here’s how an estate plan can protect your wealth in Virginia. Minimizing estate taxes One of the primary benefits of...
Virginia's inheritance laws determine how a deceased person's assets are distributed to heirs. These laws govern situations with or without a valid will, ensuring fair property transfer. Here’s an overview of how inheritance works in Virginia. Inheritance with a will...
Estate planning encompasses more than just arranging for the distribution of assets after death. It also involves protecting your wealth during your lifetime. One often overlooked tool in this regard is Virginia's Homestead Exemption. This legal provision can play a...
For some people, estate planning is synonymous with drafting a will. Their main concern is setting aside property for beneficiaries and determining what happens with their resources when they die. Others may recognize the importance of planning for changes in their...
Wills are among the most important estate planning documents. For some people, they are the only document that they create. A will can name the person who oversees estate administration, designate specific beneficiaries and provide children with a guardian if anything...
It is important to think about future medical decisions when you are making your estate plan. You don’t know what the future holds, but there is a chance you could be incapacitated. This could happen if you suffer serious injuries in a car accident, for example, or if...
A payable-on-death account, or a POD account, is a financial account that has a beneficiary. As such, it is often used as part of the estate planning process. If you are working on drafting your estate plan, you can choose a beneficiary for this account and add them...
Trusts are one of the must-haves of a well-crafted estate plan. Revocable living trusts are particularly recommended thanks to their flexibility and ability to bypass probate. However, revocable trusts are just one of the many trusts you can add to your estate plan....