Making plans to transition your business to a new owner or manager means preparing for different eventualities. Even if you have someone in mind to take over for you, your business succession plan could still fail without a comprehensive strategy. According to The...
Month: July 2023
Why does personality matter for your choice in executors?
When dealing with your executor, you may have an idea in mind for the technical skills you want them to have. Part of these skills should include how they handle unexpected problems with other people and the courts. Learning more about why the person you choose for...
Dispelling 5 myths about estate planning
When you think about the future, considering your own mortality might be uncomfortable. However, estate planning is essential for ensuring the distribution of your assets according to your wishes upon your death. In Virginia, there are many misconceptions about estate...
3 FAQs about including a business in your estate plan
When it comes to estate planning, it can be tricky enough dealing with personal assets. But what if you own a business? How does that fit into your Virginia estate plan? Owning a business adds another layer of complexity to estate planning. However, with the right...