Estate planning often covers the business after death, but preparing for your or another's twilight years is also important. This includes options for advanced medical directives but also covers the everyday choice of your needs and long-term care. When considering...
Month: April 2023
Understanding the probate process
When someone dies in Virginia, probate refers to proving the validity of the decedent's will. Once the court validates it, formal administration refers to the appointment of an executor, management of the estate and transfer of assets to the beneficiaries. The...
When should you update your estate plan?
Having a solid estate plan is very important, but it is just as important to review your estate plan regularly to make sure that it meets your current wishes. In addition to reviewing your plan every three to five years, you should also review and update your plan...
Should you involve your adult children in your estate planning?
More and more parents are making the choice to involve their adult children in their estate planning to ensure that their wishes are respected and that their children understand their desires. Benefits of involving your children Involving adult children in your estate...