Most of us associate the estate planning process with thinking ahead for what will happen to your assets or even care for your minor children after you pass away. But end of life care considerations can also raise critical questions that affect you an ...
Purchases To Potentially Avoid After Inheriting a Lot of Money
If a loved one has informed you that you will inherit a lot of money from their estate, it may be smart to speak to a financial professional now. This can help you avoid many of the most common problems associated with inheriting money and losing that ...
Safely Storing Your Virginia Estate Plan
If you spend the time creating estate planning documents to protect your interests, you need to take the extra step of safely securing these materials. Too often, it can be difficult for loved ones to find your items in a timely manner, which adds unn ...
Maximizing Year-End Tax Planning with Your Estate
Now that the end of the year is quickly approaching and it's a good reminder to set up a meeting with your CPA or estate planning attorney to discuss any major changes in your life this year. Getting these changes documented or a strategy in place bef ...
What Medical Treatment Decisions May Be Outlined in a Living Will/Advanced Directive?
A living will, called an advanced directive in Virginia, helps to protect your plans and respects your health care wishes if you become unable to speak about them in the future. An advanced directive or living will is a formal and legal document that ...
Should I Create a Charitable Estate Plan?
Estate planning involves connecting your individual goals and intentions for your assets with clear plans. But one aspect that can easily be overlooked is what happens to your assets if you decide to include gifting them to charity. Depending on how y ...
What Does It Mean to Say That Someone Is Incapacitated?
The process of estate planning includes thinking about what happens to your property and care of your pets and minor children after you pass away, but also puts in motion plans or the people who will help facilitate things if something happens to you. ...
Putting Off Will Writing Could Leave Your Family at Risk
If you've put off the process of estate planning, you are not alone. People of all ages tend to ignore the opportunities available with estate planning. Some may change that tune when they experience the lack of estate planning or even proper estate p ...
What Are the Most Popular Estate Planning Trusts to Use in Virginia?
Estate planning tools vary, and different people will use different documents and strategies to accomplish their goal. Perhaps you've heard about the concept of trusts and the purpose they can serve in your overall estate plan. Recognizing various ...
What to Do if You’re Not Ready to Make Long-Term Decisions for Your Estate Plan
Many different myths lead some people to ignore their estate plan. These myths, such as not being worth enough money, or assuming that estate plans only apply much later in life, could make things very difficult for your loved ones if something happen ...