Estate Planning: An Overview
Planning for life after death can be an overwhelming experience. Having a lawyer who will help you think logically is key. At NOVA Estate Planning, PLLC, we have worked with clients throughout Virginia. Our founding attorney has drafted hundreds of estate plans for people over the years. This knowledge is crucial when thinking about the future. We are here to help you work through the issues you are most concerned about and find answers.
What Does An Estate Plan Consist Of?
An estate plan is unique to each individual. There are also many components that can be used based on your specific needs. A good place to start is to create a will. This is a legal document that clearly expresses your wishes. It can be updated anytime you wish, which is especially important during any significant life change. Establishing a trust is also a good option for some of the clients we work with. There are many different kinds, and they each provide different types of tax benefits.
Another good thing to do is to appoint a power of attorney. This person will be responsible for making decisions on your behalf, should you be unable to do so. This person, as well as the executor of your estate, has a lot of responsibility. It is important to mention that we don’t just help with the planning process, we also help the executor through the probate process. The probate administration process has a reputation for being lengthy and expensive. With our help, you can speed up this process and save money when possible.
For The Guidance You Need, Call Today
Be prepared in the event of an emergency and have your estate plan updated and ready to go. It is the best way to protect your assets and make sure your loved ones have clear guidelines when it comes to your wishes. To schedule a consultation, call our office at 571-800-1545 today. You can also fill out our online contact form.