Monthly Archives: September 2025
Medicaid Planning: Protecting Assets While Qualifying for Long-Term Care
Paying for long-term care is one of the greatest financial challenges facing Virginia families today. A private room in a nursing home can run you more than $100,000 a year. Assisted living facilities or in-home care services can also be prohibitively expensive. For a lot of folks, Medicaid provides critical financial assistance. However, qualifying… Read More »
Guardianships versus Conservatorships in Virginia: What Every Family Needs to Understand
If a loved one can no longer make decisions on their own behalf due to illness, disability, or advanced age, families often face the difficult decision of how to step in and provide legal authority for their care. In Virginia, there are two primary tools you can use for this purpose—guardianships and conservatorships. While… Read More »
Digital Estate Planning: Securing Your Online Assets
While you’re probably used to estate planning involving houses, bank accounts, and family heirlooms, it can also include digital assets. A large part of our lives and our legacies exists online. Your email account, social media profiles, online banking, cloud storage, and even digital investments are also a part of your estate. Without proper… Read More »
What is a Trust Restatement?
In plain English, a trust testament is a legal process of completely rewriting an existing trust document, replacing all of its provisions with a new trust document. It is a means of making substantial changes to a trust while keeping its original name and date. This avoids the need to retitle assets in the… Read More »
What is a Conditional Gift in Estate Planning?
In estate planning, a conditional gift involves setting specific requirements that a beneficiary is required to meet before they inherit a specific piece of property, money, or assets. Such conditions are typically outlined in a will or trust. They can range from reaching a specific age to achieving educational milestones or demonstrating specific behaviors…. Read More »