Estate Planning

Estate planning is often associated with old age. However, it’s never too early to have an estate plan. Given the unpredictability of life, you are better off with a proper arrangement of how your affairs should be handled if you become incapacitated or no longer...

A will is a key component of any estate plan. It can designate who will inherit assets once its creator has passed away. It can also serve other functions such as naming a legal guardian to look after young children after the deaths of their parents. However, a will...

Nobody relishes the prospect of talking about death, and this is why many people avoid estate planning. Some people attempt to avoid the stress of confiding in family members and seeking assistance by drafting a will on their own. While this is legal in Virginia, is...

When you hear the term “estate plan,” you may think it’s only for older people or those with a high net worth. However, you may not realize that this couldn’t be further from the truth.  The truth is, there are a lot of misconceptions floating around about estate...

If a family member or friend has asked you to be the executor or trustee of their estate, you know that means they trust you with a big responsibility. But do you know if you should take it on? Even if the person is developing a clear, detailed estate plan with the...

If you create an estate plan, it means you have done the responsible thing and planned for your family’s future. However, you may not realize that estate plans aren’t “set-it-and-forget-it” documents. Because of this, regular updates are needed to keep things...

Estate planning isn’t listed on most wedding planning checklists in books or on websites, and it’s probably not in your top 10 to-do list right now. It’s more likely you want to focus on kicking up your heels on your honeymoon, settling into your new routine as...

It is a scenario that is unfortunately all too common: A loved one dies, and before the funeral arrangements are even complete, family members are arguing about who gets what. This family tension can add significant stress to an already painful situation. The fighting...

Estate planning can be a daunting prospect, with many not knowing where to start. Typically, nobody wants to think about death, at least not for any significant amount of time. Despite this, the benefits of estate planning are undeniable. Security can be offered for...

Parents who have children still living at home have probably thought about a lot of things related to the future -- including what might happen to their kids if they aren’t there to raise them for whatever reason. Setting up an estate plan and naming a guardian for...