The IRS recently released news that is important for those who have retirement savings. In late June, the IRS expanded the relief that was provided by Congress in the CARES Act, which allows for the return of unwanted required minimum distributions. In ad ...
Is There Any Property That Should Be Left Out of a Will?
Not all property will be passed on as a result of what's listed in your last will and testament. You'll need to consider including and excluding the right assets by partnering with a trusted estate planning lawyer to help you. There are several different ...
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 s ...
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 ...
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. E ...
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 ...
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 ...
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 o ...
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 ...
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 ...