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...
Estate Planning
Trusts can provide greater protection
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...
SECURE Act may affect retirement fund estate planning
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...
An estate plan isn’t complete without a health care directive
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...
The importance of digital assets in an estate plan
When Virginia residents create estate plans, they may be wise to ensure that they do not overlook their digital assets. Important information today is often found on electronic rather than paper records, and not including usernames and passwords in an estate plan can...
6 mistakes to avoid with your beneficiary designations
Estate planning is about beneficiaries; who you want to name and what kind of assets you want to leave to them. When you discuss important estate planning matters with your attorney, the subject of heirs will come up often. Here are six mistakes to avoid regarding...
Ignoring estate planning is a mistake many people make
Virginians who have yet to craft even a basic estate plan should consider the various reasons why it is beneficial to do so. This is true for people of any age. Many people ignore the reality of needing an estate plan. This can cause problems for their loved ones if...
Few Americans have estate plans in place
Many Texas residents agree that it is important to plan for the future when it comes to protecting their assets and making sure their loved ones are taken care of. This is in harmony with recent surveys showing that the majority of Americans understand how important...
Using a pour over-will with a trust
When asked if a couple needed both wills and a trust, one attorney with an estate planning background provided answers. Virginia residents might have questions about estate planning documents and want to know more about this piece of advice.Due to testamentary...
Chronic illness and estate planning
Almost 157 million people in the United States will have some form of chronic illness. For people in Virginia who have a chronic illness or has a loved one who is chronically ill, it is essential that they have an estate plan that adequately addresses their health and...


