The birth of a child is one of the greatest moments in a new parent’s life. Becoming a parent brings many responsibilities to ensure the child is protected, well cared-for and loved. One step new parents in Northern Virginia should not put off in protecting their...
Our readers in Virginia know that drafting an estate plan needs to be a comprehensive effort. That means including a will, power of attorney documents, healthcare directives and potentially even a trust in most, if not all, estate plans. However, every person’s family...
Trusts are a valuable estate planning tool that may sometimes be less understood than other estate planning tools. As a consequence, estate planners should understand the different types of trusts and how they can help them. Trusts manage the property of the estate...
Your expectations for the future can drastically change at a moment’s notice. This can make it difficult and even uncomfortable to plan for the future you cannot predict. While the world is always changing, there is something that you can be comfortable knowing – your...
Knowing what it takes to make a will valid is an essential part of the estate planning process. Because of the critical role a will plays in a comprehensive estate plan, it is important that any will executed by the estate planner is valid so it can protect and honor...
Estate planning does not last forever in many cases. If you do it well before you need it, don't assume that the plan will stand the test of time. It may need to get updated. The truth is that life changes, sometimes dramatically, and your plan needs to change as...
As a young adult, your major concerns until recently may not have revolved around what would happen to you, your assets or your family in the event of your death. After all, you, like most young Virginia residents, likely believe that you have decades of life ahead of...
When Virginia residents think about their mortality, they often want to make sure that their assets can be disbursed according to their wishes. They also frequently want to pass on the vast majority of their assets to their heirs, rather than seeing a large portion...
For many people in Virginia, their retirement funds are an important part of their estate plans. After the original owner of a retirement account passes away, the remainder of the fund generally passes directly to a named beneficiary without going through the probate...
Although addressing one's mortality through estate planning could be uncomfortable, it is important for anyone who wants control over what happens to their body as well as their assets immediately before and after their death. Most people know they need a will and...
