A will is a vital document that dictates how to distribute a person's possessions and property after their death. It gives instructions to loved ones and ensures they follow the person's wishes. Though many people consider a will as a single, uniform document,...
When you hear the words "estate planning," you might immediately think of older adults preparing for the later stages of life. However, estate planning is not just for older people or the wealthy. Young people, even those just starting their careers or families, can...
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...
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...
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...
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...
Your will and trust lay out whom you want to inherit your cash, home and investments after you pass away. You probably also included personal items like your car, record collection and family keepsakes. But did you remember to include your digital assets? In 2023,...
Perhaps the most significant decision you will make in your estate planning process is appointing a guardian for your children in the event of your death. Many younger adults underestimate the importance of naming a guardian, but you should do so if you have minor...
Drafting a will is an important step in estate planning. A well-drafted will ensures that one's property and assets get distributed according to personal wishes after passing. However, it is not enough to merely decide to create a will; understanding what to include...
A DNR is a do-not-resuscitate order that protects a patient’s choice to decline any medication intervention for the preservation of life. While a personal decision, the order is sometimes written in order to prevent prolonging a painful or vegetative condition that...
