Virginia Beach Estate Planning lawyers
Owning a lot of assets presents unique estate planning challenges, a lesson that has left many potential heirs of celebrity estates with more questions than answers in recent years. James Brown, like many other celebrities who have become the subject ...
Research shows that Americans are now retiring as many as four years later in their life than they did when compared to 30 years ago. Gallup, the Center for Retirement Research and the American Enterprise Institute have all conducted research studies to f ...
Whether you are creating a trust for tax or non-tax purposes, it is extremely important to work with a qualified estate planning attorney. An appropriately drafted agreement can fulfill your intentions and ensure that you accomplish the goals you have str ...
Perhaps you're thinking about adding a layer of privacy and control to your estate plan and want to establish a trust fund in order to do so. If you want to leave a legacy behind for your beneficiaries, moving assets into a trust is one way to do it. Trus ...
When you sign up for a 401(k) plan administered through your work, you will be asked to name beneficiaries. These are people who would inherit the account if you passed away. It is often overlooked once someone has created this account because it is impor ...
It is important as with all other estate planning documents to conduct a regular review of your materials to ensure these strategies still align with your goals. Routine reviews of your comprehensive estate plan help you to identify problems before they b ...
A will is one of the most important components of your estate plan. You can accomplish many estate planning goals by creating a will, but you may also need to supplement it with other documents. One such example is a living will. You should always dis ...
Even if all your children get along now, there’s nothing like an unknown estate plan to cause anxiety and arguments within the family. Discussing your intentions in advance with your family members is one way to reduce future conflict. If your childre ...
In the last several decades, longevity has largely been increasing, particularly for women who may outlive their partners and need more funds set aside in retirement. The current mortality tables used by the IRS used life expectancy data from 2000, and ne ...
The COVID-19 pandemic has brought the importance of incapacity and estate planning front and center. But a new study indicates that some people who passed away from COVID-19 did not have an estate plan. The Caring.com research study found that 1 out of ...