Understanding the Role of an Executor and Power of Attorney As a Virginia estate planning lawyer, I often receive questions about the roles and responsibilities of an executor and a power of attorney (POA). Better understanding what these roles require will help you determine who should be named as you make your own estate plan.Continue reading “Demystifying the Roles: Executor vs. Power of Attorney”
Tag Archives: Estate planning lawyer
It is National Make-A-Will Month, but a Will is Not Enough
Did you know that August is National Make-A-Will Month? Did you also know that a will is only one component of a proper estate plan? While wills are indeed a cornerstone of estate planning, they represent just one facet of a holistic approach that ensures the effective management and distribution of your assets according toContinue reading “It is National Make-A-Will Month, but a Will is Not Enough”
Does an LLC have to go through probate if you die?
As a Virginia estate planning attorney, I often hear concerns from clients about the probate process and how to avoid it. Probate can be a lengthy, costly, and often complex process in Virginia, and many people want to find ways to minimize its impact on their estate and their loved ones. For individuals who ownContinue reading “Does an LLC have to go through probate if you die?”
Announcing a New Service: The Guidance Meeting for Executors
We are excited to announce the launch of our new service, the Guidance Meeting for Executors. Estate Planning involves naming multiple decision-makers such as a financial agent, health care agent, personal representative to settle your estate, and trustee to manage your trust if you choose to create one. We know that once the time comesContinue reading “Announcing a New Service: The Guidance Meeting for Executors”
WHO ARE YOUR BENEFICIARIES?
Decided where your assets should go after you die is one of the primary purposes of an estate plan. One of the most common questions people have is who should be their beneficiaries. The good news is this decision is entirely up to you. Your assets can go entirely to one person, to multiple people,Continue reading “WHO ARE YOUR BENEFICIARIES?”
WHAT DO MY DECISION-MAKERS DO?
Your decision-makers will be responsible for ensuring your plan is followed and your wishes are honored. Here’s a description of the types of decision-makers in an estate plan: If you would like help creating an Estate Plan, please reach set up a free consultation here. If you are an existing client and have a specificContinue reading “WHAT DO MY DECISION-MAKERS DO?”
Benefits of Creating an Estate Plan
COVID-19 has prompted many to contemplate important topics such as end-of-life decisions and estate planning. By making these choices and preparations in advance, families can ensure that they are carrying out the wishes of their loved ones and also prevent some of the difficulties that are often faced in these circumstances. The resources below touchContinue reading “Benefits of Creating an Estate Plan”
What Does the Estate Planning Process Look Like?
What is Estate Planning?
Hiring an Estate Planning Attorney to Create a Living Will is One of the Most Important Gifts You Can Give Your Loved Ones
When people think of estate planning, if they think of it, they think about wills and maybe trusts or where one’s property will go at one’s death. Making sure that your property is handled according to your wishes in a way that blesses your loved ones is very important. However, arguably even more important isContinue reading “Hiring an Estate Planning Attorney to Create a Living Will is One of the Most Important Gifts You Can Give Your Loved Ones”