WHY A DIVORCED PARENT SHOULD CONSIDER A TRUST

Say you have minor kids, you pass away, and you leave money to be used for the benefit of your children (who are now under the full care of your ex). One option is, of course, to leave the money to your kids such that your ex manages the funds while the children are minors.Continue reading “WHY A DIVORCED PARENT SHOULD CONSIDER A TRUST”

OVER YOUR DEAD BODY! (YOUR EX GETTING YOUR MONEY – THAT IS)

There are multiple ways that people leave money to ex spouses, and some may surprise you. Leaving your ex in your will after you are separated. You decided the marriage needs to end, but you haven’t divorced yet, so you are separated from your spouse. You die. Surely the court knows that you don’t wantContinue reading “OVER YOUR DEAD BODY! (YOUR EX GETTING YOUR MONEY – THAT IS)”

MISCONCEPTIONS ABOUT DIVORCE AND PROPERTY IN VIRGINIA

You might not think about estate planning when you are in the middle of a divorce – but you should. Remember, one of the primary purposes of estate planning is to make sure that your property goes where you want it to go, while you are alive and after you die. You can’t do thisContinue reading “MISCONCEPTIONS ABOUT DIVORCE AND PROPERTY IN VIRGINIA”