It is common for individuals to want to take care of their family, particularly their children, by ensuring that they have everything they require even after their passing. However, while it can be overwhelming to consider estate planning, it is a vital step in securing your family’s future. Fortunately, you do not have to go…
Although most people believe that an estate plan is something they need later in life, the truth is that anyone over the age of 18 years old should have an estate plan in place if they want to ensure the management of their assets, health care needs, and help loved ones avoid unnecessary costs. However,…
One of the most common misconceptions when it comes to estate planning is that it is only for the wealthy. However, in truth, everyone can benefit from ensuring their finances, property, and other assets are properly taken care of after they pass away. In the following blog post, we will review why estate planning is…
While the name may indicate otherwise, a living will is not the same thing as a Last Will and Testament. The main goal of a living will is to convey a person’s wishes regarding their medical care. For instance, in Virginia, individuals can use a living will to express their desires regarding the health care…
Everyone should consider creating an estate plan, regardless of their age. These plans can not only benefit you, but also your loved ones. Even if you believe you do not have enough assets to worry about, creating an estate plan can do more than just pass on property. With a proper plan, you can also…
Although most people assume estate planning is only used to figure out where their property will go after they pass away, it, in fact, can be used for a variety of purposes. For instance, a power of attorney can also be part of an estate plan to protect individuals and their affairs if something should…
Planning for the future can be a daunting and overwhelming task, especially when it comes to ensuring the long-term care of children with disabilities. That is why it is critical that parents and guardians understand the options they have when it comes to this planning and how they can help even when they are no…
Estate planning involves preparing for the management and distribution of one’s assets in the event of incapacity or death. This process includes distributing a person’s assets to their loved ones, arranging burial and funeral proceedings, and settling estate taxes. However, while creating an estate plan can help preserve a family’s wealth, provide for a spouse…
As a new parent, there are countless things to take care of, but one crucial task that often goes overlooked is creating an estate plan. Even though you may be young and healthy, planning for your child’s future is critical. Your child will rely on you to make decisions that will guarantee a secure future,…
It can be challenging to know which documents are so critical that you will need to keep them for the rest of your life and which ones you can dispose of. In truth, many of these documents often end up sitting in a box, taking up space because you are unsure if they are something…