Virginia Beach Estate Planning lawyers
When you pass away, the court reviews your estate planning documents, including a will and any trust established to determine what happens to your property. If you pass away without a will, the state then determines what happens to your property. A ...
Most people understand the general concept behind life insurance. When you pass away, your chosen beneficiaries receive a payout from the life insurance company. This can be purchased on a term basis such as 10, 15, 20 or 30 years, or as permanent lif ...
Estate planning often leads many people to seek experienced assistance in the form of an estate planning lawyer. However, there may be other professionals you should include in all your discussions about planning your estate and future retirement, suc ...
Multiple estate planning strategies and documents can be used to outline your wishes and to protect your interests. One common question asked of Virginia Beach area estate planning attorneys is, what is the difference between a living will and a will? ...
With no will to review, each state sets laws for how someone’s property will be distributed when they pass away. You’ll have more control over this process by working with a lawyer to create your own estate plan, but many families find themselves in t ...
It can be challenging to contemplate the uncertainties that lie ahead, but tackling estate planning now can make it simpler to take proactive measures or provide assistance to your loved ones down the line. Unfortunately, numerous individuals dismiss ...
You can't create a comprehensive estate planning without knowing what you own, what you owe and how you intend to address those various issues in documents and planning. Start by making a list of your assets which can include many differe ...
If something happens to you, you may want a loved one or a friend to get immediate access to your bank accounts. This helps prevent that asset from being tied up in the probate process and allows that loved one the chance to use those funds much soone ...
If you have a spouse and multiple children, there is a good chance you may want to account for each of them in your estate plan. It is hard to divvy up assets in an estate plan if you don't first start by creating an inventory of all of your assets an ...
Every asset you own should be planned for accordingly in your estate plan. If you’re not familiar with this process or want the insight of someone familiar with your options, finding an area estate planning lawyer is crucial. If you don't properly ...