Recent Blog Posts
Can My Executor Change My Will?
Your will is referred to as a “last will and testament” for a reason: so long as it’s legally valid, in the vast majority of cases, it cannot be changed by an executor after you pass away. Your will is your opportunity to share your plans and intentions so that they can be handled… Read More »
What Is Guardianship in Relation to Estate Planning?
Guardianship is often referred to, in conjunction with your plans inside your will, to the process of naming another person to take responsibility for your minor children if something happens to you and your partner. Guardianship, however, is not limited to children alone. It is a legally recognized status that is used when a… Read More »
Should You Use a Funeral Planning Declaration with Your Estate Planning Documents?
Do you want to make things as easy as possible for your loved ones? While it’s an uncomfortable topic to think about your own mortality, an easier way to approach these concepts includes thinking about how you want to help your family members adjust. Estate planning involves all of the different documents that help… Read More »
Why Women Have to Take Control Over Their Finances and Their Planning
Women hold significant power when it comes to finances in some respects and yet many of them defer plenty of decisions to their spouses. Failing to take control of your finances as a woman means that you couldn’t neglect important long-term care planning opportunities and many of the important financial issues that surround the… Read More »
What Does It Really Mean to Be a Fiduciary?
The financial and estate planning world is filled with important terms that must be properly understood in order to make educated decisions to protect your interests. The concept behind a fiduciary is relatively simple but very important to understand. A fiduciary is a corporate entity or a person who has been appointed to act… Read More »
New Study Shows People More Interested in In-Home Care
Do you know how you’ll get support if you have healthcare needs or day-to-day living needs that extend beyond what you can provide for yourself? These issues should be incorporated into your Virginia elder law plan in accordance with state laws and your own preferences. Going to a nursing home is not the only… Read More »
Do I Really Need to Be Concerned About Probate?
You might have heard other people mention probate and their desire in engaging with the right estate planning attorney to avoid it. Probate might also be referred to as estate administration and references the different types of tasks that must be done in order to close out your estate. A probate case can be… Read More »
How Should I Choose My Trustee?
You know that a trust empowers you to accomplish a broader range of your estate planning goals, but a trust is only helpful as a tool when it’s been funded the right way and is managed by a knowledgeable trustee. It’s an important decision to select the person who will be responsible for managing… Read More »
Study Shows that Some of America’s Wealthiest People Are Ready to Transfer Their Assets
The tax overhaul from 2017 has prompted many people to rethink their overall estate and tax strategies. The coronavirus pandemic has also made it easier for some of America’s wealthiest families to pass on assets to their grandchildren and children tax free. Volatile markets and plunging interest rates have created a unique opportunity just… Read More »
How Do You Account for Loans and Gifts to Your Children in Your Estate Plan?
Most parents want to do everything they can to minimize the possibility of conflict among their loved ones after the parents pass away. Unfortunately, conflicts can arise if you have loaned or gifted money to certain children and not others. Having a solid strategy inside your estate plan can minimize the possibility for conflict… Read More »