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Hey Parents – View Our Most Recent Webinar
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How Mathews Law Supports You Through Every Stage of Estate Planning and Execution
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What is a Standby Guardian Designation in Virginia?
Have you ever thought about who would take care of your minor children if something were to happen to you? In Virginia, parents can name a standby guardian to step in as a parent if needed. Virginia’s statute clarifies that the guardian only steps in when a certain triggering event has occurred, such as incapacity,…
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How Do I Update My Beneficiaries With Financial Institutions?
Some of your assets will not be transferred to beneficiaries based on the instructions in your will. This includes things like: For these assets, you need to provide instructions directly to the financial institution. Contact the financial institution that manages each account to request the correct form or method to update your beneficiaries. For example,…
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What Happens at the Signing?
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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,…
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What Is Probate?
What is probate? Probate is the court-managed process of settling an estate. The court oversees the process from start to finish. First, the court will review the will, if there is one, and appoint a personal representative(person who has authority to act on the estate’s behalf). Second, the personal representative must file accountings to the…