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.ContinueContinue reading “Why A Divorced Parent Should Consider a Trust”
Tag Archives: Northern Virginia
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 thisContinueContinue reading “Misconceptions About Divorce and Property in Virginia”
What is Estate Planning Anyway?
What is estate planning? Estate planning is the process of planning for the handling of your assets in case of disability or death. I don’t consider myself to be wealthy. Do I even have an estate? Yes! Everyone has an estate. An estate is simply the combination of all of your assets and property. IfContinueContinue reading “What is Estate Planning Anyway?”
What Does the Estate Planning Process Look Like?
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What is Estate Planning?
Estate planning is the process of reviewing your personal and financial assets and planning for how those assets should be used to care for you and your loved ones should you become incapacitated or die. Estate planning also includes deciding who will make key decisions for you if you are unable to make them forContinueContinue reading “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 isContinueContinue reading “Hiring an Estate Planning Attorney to Create a Living Will is One of the Most Important Gifts You Can Give Your Loved Ones”