What You Need to Know About Estate Planning in Virginia Estate planning is a vital process that ensures your assets are distributed according to your wishes after your passing. It involves making important decisions about who will inherit your property, who will handle your affairs, and how your healthcare decisions will be made. If youContinueContinue reading “What You Need to Know About Estate Planning in Virginia”
Tag Archives: power of attorney
The Basics of Estate Planning and Why It’s Important
The Basics of Estate Planning and Why It’s Important Estate planning is a crucial aspect of financial planning that often gets overlooked or neglected. Many assume that estate planning is only necessary for the wealthy or the elderly, but in reality, it is important for everyone, regardless of age or income level. In this blogContinueContinue reading “The Basics of Estate Planning and Why It’s Important”
How Mathews Law Supports You Through Every Stage of Estate Planning and Execution
When you’re ready, we’re ready. Schedule a time to chat to get started.
What Should I Review When I Receive My Draft Estate Plan?
After your estate plan is drafted, we will send it to you for your review. At minimum, you should confirm: Your name(s) are spelled correctly The names of your beneficiaries and decision-makers (referenced as agents) are accurate The names of your beneficiaries and decision-makers are spelled correctly Beneficiary distribution instructions are stated as you intendedContinueContinue reading “What Should I Review When I Receive My Draft Estate Plan?”
What Happens at the Signing?
Mathews Law will help you get your documents signed so that you can move on with your life! The “signing” simply refers to the execution of your new estate plan. Mathews Law offers two options: You can have the signing at the office of Mathews Law, located in Old Town, Alexandria, or you can haveContinueContinue reading “What Happens at the Signing?”
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,ContinueContinue reading “Who Are Your Beneficiaries?”
What if I Need to Make Changes to My Documents?
This is your plan and changes can be made when needed. Before Signing If you are a current client and need to make changes to the documents before signing, simply let Mathews Law, PLLC know of the changes that need to be made. We will update your draft and send it to you for reviewContinueContinue reading “What if I Need to Make Changes to My Documents?”
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: Medical Power of Attorney (or Medical Agent): Someone to make medical decisions for you if you cannot make them for yourself. This person only makes medical decisionsContinueContinue reading “What do my decision-makers do?”
Who Are Your Decision Makers?
Decision-makers are those who will make decisions for you when you cannot make them for yourself. These decision-makers are needed if you become disabled or when you die. Take the time to determine who decision-makers are early in the process to prevent delay. Prior to your consultation, we recommend determining both your primary and back-upContinueContinue reading “Who Are Your Decision Makers?”
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.ContinueContinue reading “Why A Divorced Parent Should Consider a Trust”