One common misconception when it comes to estate planning is the belief that one must have substantial assets to establish an estate plan. As an estate lawyer in Virginia, I’m here to tell you that this simply isn’t the case. In reality, life insurance can play a crucial role in your estate planning, even ifContinue reading “Leveraging Life Insurance for Your Estate Plan: Insights from an Estate Lawyer in Virginia”
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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”
How Would Your Death Impact Your Child?
As parents, we all want to ensure that our children are taken care of and protected, even in the event of our deaths. However, many parents may not consider the impact that their deaths would have on their minor children when creating their estate plan. Estate planning is not just about distributing your assets andContinue reading “How Would Your Death Impact Your Child?”