It can be difficult to approach the task of estate planning without confronting your own morbidity. Most people hope they'll live for many more years and be able to provide care for their family members or spouse along that period. However, sitting ...
Four Things to Consider Including in a Virginia Living Will
Do you have specific intentions about the medical care you do or don’t want at some point in your life? What if you’re not in the condition to be able to articulate these concerns for yourself? A Virginia living will is a medical directiv ...
What To Know About Avoiding Probate in Virginia
You may have heard horror stories about probate or potentially were appointed as an executor in someone else's estate and learned firsthand the difficulties of closing out someone's estate. Working with a qualified Virginia Beach estate planning lawye ...
What Is a Virginia Transfer-On-Death Deed?
Do you know what will happen to your home if you were to pass away? If you have loved ones or specific intentions for your home, this needs to be documented in an estate plan. There are many different estate planning tools available to you and a co ...
What Duties Does an Attorney in Fact Have?
When you appoint someone else to make decisions for you under a power of attorney, this other person may be referred to as an attorney in fact. Virginia follows the Uniform Power of Attorney Act. A basic power of attorney is durable in nature unless the d ...
How Often Should I Audit My Estate Plan?
Auditing your estate plan sets you up to review your existing strategies, tools, and documents, ideally with the help of a knowledgeable estate planning attorney to discuss what's still relevant and what may require updates. Many different circumstances m ...
When Will a Court Appoint Financial Conservatorship in VA?
Financial guardianship refers to the appointment of a chosen individual to take financial actions on someone else's behalf. Financial guardianship may be necessary when the individual in question is no longer able to handle their finances on their own and ...
Does Real Estate Get a Step Up in Basis When Put Inside A Trust?
Whether you own primary property or a vacation property in Virginia Beach, you need to plan for its future. The transfer of property can happen in a variety of ways and you should discuss your options with an estate planner. Many estate planning tools ...
Is Outright Disinheritance the Right Choice For An Estranged Child?
Many people have significant changes in their relationship with their children that unfold in later years. The estate plan that you established when these children were born, or even when they went off to college, may no longer align with your individual ...
What Other Important Papers Should My Executor Be Able to Find?
The documents and instructions left for your loved ones explain your wishes and help them find critical details they need in the aftermath of your death. If your loved ones or appointed executor can't find these materials, this could delay the administrat ...