Clearly State Your Wishes With A Will
When it comes to estate planning, most people start with a will. However, it’s easy to become overwhelmed with all the decisions you are facing. Having an experienced lawyer who can clearly explain your options is key. NOVA Estate Planning, PLLC, has helped clients throughout Virginia. Our founding attorney, Jonathan D. Cox, has drafted hundreds of estate plans. Use this knowledge and experience to your advantage.
How Can A Will Help Me?
A will is a document that outlines the distribution of your assets after you pass away. It must be filed with the probate division of the Circuit Court in the county in which you lived at the time of your death. They also let you determine guardianship for any minor children of yours. Without a will, the guardianship selection process will be left up to judges and the courts. Another important thing to know is that a will allows you to choose whom you want to administer your estate after you have passed away. We know how important these decisions are and can offer you the legal advice you are looking for.
Wills are inexpensive to create in the short term. However, there are a few things to keep in mind. Because wills must be probated with the court, they forfeit the privacy that you maintain with a trust-based plan. Your entire will, including your list of beneficiaries and what you left to each of them, becomes public record and available to anyone who inquires, including your creditors. Furthermore, since wills must be administered through the courts, creditors have a ready forum to collect against your estate, and individuals who disapprove of your will’s disposition of property are provided an easier path toward contesting the document.
Don’t Wait To Learn More; Call Today
Understandably, estate planning can be difficult to navigate on your own. We are professional, communicative and honest. We will always tell you what we think will be in your best interest. To schedule a consultation, call our office at 571-800-1545 today. You can also fill out our contact form online.