Just as no one can predict death, no deceased individual could have anticipated leaving debts that their estate’s assets would not be able to cover. As unfortunate as it is for creditors and heirs, it is only realistic for the law to have the estate pay what it can to...
A prenuptial agreement is an agreement that two people make before getting married regarding how they will split up their finances if they end up getting divorced. For example, maybe one person is independently wealthy and they want to ensure that they don’t lose...
Family heirlooms hold not just monetary value, but also sentimental worth that can bind generations together – or tear them apart, if the recipients of those heirlooms can’t agree on how such items are to be handled. Deciding how to distribute family heirlooms in your...
You can draft estate planning documents at any age, provided you are above 18 years and are of sound mind. It’s a common misconception that estate planning is only for the elderly or the gravely ill. But, starting your estate plan early in adulthood can provide...
Entering guardianship is a serious matter. It happens when an incapacitated individual or a ward relinquishes vital responsibilities and decision-making capabilities to another person or a guardian. Guardians should be looking out for their wards. However, they might...
When planning for your end-of-life care, you may want to consider different options before choosing the one that best fits your needs. There are several resources that can help, but with so many available, it can be challenging to pick one. Before making a decision,...
Will challenges are unusual in Virginia probate proceedings, but they do happen sometimes. One allowed reason to claim a will submitted in the decedent's name is invalid is known as "undue influence." Like any other legal document, the party signing their will must...
Having a properly executed will can give you peace of mind in knowing that your assets will pass down to the people you love according to your wishes when you die. This estate planning document specifies how you wish to have your estate preserved, managed and...
Making decisions on how to best care for your ageing parents can be really difficult. Not only is it tough emotionally to have to think about your parents no longer being able to take care of themselves, it can also be really confusing to know just exactly what is the...
Estate planning is not just for the rich. You need an estate plan if you have investments, assets or anything of value. In addition, an estate plan is crucial if you have people who depend on you. It doesn’t matter how much you have; having an estate plan will help...
