Making the decision to become an organ donor is a generous and potentially life-saving choice. It’s important to take the right steps to better ensure that your wishes in this regard are respected after your death. In Virginia, like in most states, there are specific...
Estate Planning
Estate planning as a newlywed
As a newlywed, you are likely focused on building a life with your spouse. You likely have dreams of shared goals and a bright future ahead. Amidst the excitement of your new life together, however, it’s important to take practical steps to protect your financial...
How can a Virginia executor pay for an attorney?
An executor or personal representative agrees to manage estate administration out of respect for a decedent or testator. Some people agree to accept the role when a loved one creates an estate plan. Others step up during the early stages of probate court after a loved...
Do you need to update your will?
Writing a will is not something that people look forward to doing. The very thought of it can bring up some uncomfortable feelings because writing a will brings you face-to-face with your own mortality. Yet, as much as you may dread it, writing a will is necessary to...
Common myths about estate planning
Estate planning is crucial to managing assets and ensuring your wishes are known after you pass. However, many misconceptions surround this process. Here, we debunk some of the most common myths about estate planning. Myth 1: Estate planning is only for the wealthy...
So, you’ve made a will. What next?
A will is intrinsic to most people’s estate planning. So much so, that it has almost become a byword for an estate plan. That can leave some people thinking that once they have made their will, they are finished with their estate planning. Unfortunately, it is not...
Seeing these changes? It may be time to update your will
A will is a crucial component of any Virginia estate plan, especially as you age and begin to consider the assets you want to leave behind. But with age comes change: to your family, your finances and your goals. Updating your will as the circumstances of your life...
The basics of probate
Probate is the legal procedure used to validate and authenticate a deceased person's will. The procedure is conducted via the courts. The process involves settling the deceased's outstanding taxes and debts, ascertaining the worth of their assets and transferring any...
3 benefits of asset protection planning while estate planning
Many people have an overly-simplistic concept of what should transpire during estate planning. Creating a will is important, but it is far from the only step necessary for the protection of an individual later in life and the support of their loved ones after their...
What is digital estate planning?
More and more, the digital world is intertwined with the physical. From the photos you keep of important events to your credit card statements – you have a wealth of digital assets. That’s why you need digital estate planning. In fact, a digital estate plan may be the...