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...
A revocable or “living” trust allows you to make changes to your trust’s documents up until your death. As reported by Entrepreneur.com, a living trust allows you to add or remove your assets and properties whenever you choose. Living trusts commonly hold real estate,...
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...
Estate planning provides you the opportunity to address your specific wishes and ease the confusion and uncertainty for your loved ones in the event of your death. Most people are familiar with the fundamentals of estate planning, though there are details that you...
As a business owner, you must plan for the future of your business through estate planning. If you own a business in Virginia, you may be wondering if you have the ability to choose the successor for your business in your estate plan. This article will explore whether...
