Frequently Asked Questions
The estate planning lawyers of von Keller Thelin are conveniently located in Manassas, Virginia, and we serve all of Prince William County. We offer the following answers to some frequently asked estate planning questions:
What happens if I die without a will?
Dying without a will is known as dying intestate. If you die without a will in Virginia, your property is divided among members of your family according to Virginia laws.
What is the division of my estate if I die intestate?
If you have a spouse and no children or grandchildren, or if you had your children with your current spouse, your entire estate goes to your spouse. In the event you have a spouse and children who are not the children of your spouse, your spouse receives a third of your estate, and your children receive two-thirds of your estate. In the absence of a spouse, your children receive your entire estate. If you do not have a spouse or children, your entire estate goes to your parents.
What does a will do?
In a will, you can distribute your property, select a guardian for any minor children, and name an executor to manage the probate of your will and the distribution of your assets after death. By executing a will, you can avoid costly estate litigation.
Can I change a will?
You can change your will by making a new will that replaces or revokes the old one, or by making an addition to the will, called a codicil. In the event of any significant change such as a marriage, divorce, birth of a child or moving to another state, you are wise to review your will with an estate planning attorney.
What are the advantages of having a trust?
A trust can be advantageous for several reasons. Depending on the situation, a trust can avoid probate and can minimize taxes.
What are the typical elements that an estate plan includes?
Typical items that an estate planning attorney can help with include the following:
- Living wills
- Powers of attorney
- Advance medical directives
Contact Us To Speak With An Attorney About Estate Planning Today
For more information, please contact our law firm to speak to a skilled estate planning lawyer. The attorneys of von Keller Thelin are conveniently located in Manassas, Virginia, and we serve all of Prince William County.