Monthly Archives: October 2023
What Medical Treatment Decisions May Be Outlined in a Living Will/Advanced Directive?
A living will, called an advanced directive in Virginia, helps to protect your plans and respects your health care wishes if you become unable to speak about them in the future. An advanced directive or living will is a formal and legal document that outlines your individual preferences regarding end of life care, and… Read More »
Should I Create a Charitable Estate Plan?
Estate planning involves connecting your individual goals and intentions for your assets with clear plans. But one aspect that can easily be overlooked is what happens to your assets if you decide to include gifting them to charity. Depending on how you structure these gifts, this could be a tax savvy plan that adds… Read More »
What Does It Mean to Say That Someone Is Incapacitated?
The process of estate planning includes thinking about what happens to your property and care of your pets and minor children after you pass away, but also puts in motion plans or the people who will help facilitate things if something happens to you. This primarily helps with issues of incapacitation, when someone is… Read More »
Putting Off Will Writing Could Leave Your Family at Risk
If you’ve put off the process of estate planning, you are not alone. People of all ages tend to ignore the opportunities available with estate planning. Some may change that tune when they experience the lack of estate planning or even proper estate planning through their own family when they’re named as beneficiaries. A… Read More »
What Are the Most Popular Estate Planning Trusts to Use in Virginia?
Estate planning tools vary, and different people will use different documents and strategies to accomplish their goal. Perhaps you’ve heard about the concept of trusts and the purpose they can serve in your overall estate plan. Recognizing various types of trusts will help you to have a conversation with your estate planning attorney in… Read More »