Can you reduce conflict over your will?
Jan 27, 2023
Conflicts often happen within families over wills for various reasons. Of course, no one wants them to happen, but is there anything a person can do to stop them? While it is impossible to fully stop any potential conflict, it is possible to reduce the chances of them happening. Reducing miscommunication Forbes talks about ways to reduce this conflict over…[...]
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When should you create a will?
Jan 14, 2023
A will lays the framework for your personal estate plan. This document allows you to designate who you want to take ownership of your assets after you die. According to the CDC Foundation, a will also lets you name the executor of your estate and designate guardianship for any minor children you have. If you have yet to create a…[...]
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When a loved one passes away, someone must handle the duties of administering the decedent’s estate. The procedure in Virginia differs from other states. Understanding the local probate process can make the difference between drawn-out or efficient proceedings. The typical timeline for settling an estate in Virginia The timeframe for settling an estate in Virginia depends on several factors, such…[...]
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Is your estate plan comprehensive enough?
Dec 20, 2022
You may believe that a will is the only element you need to prepare your family for your death. This, however, is not the case. Other documents make up a comprehensive estate plan that makes things easier for your family after your death but for you beforehand. Estate planning has expanded to include tools safeguarding your interests and your family’s.…[...]
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Writing a will is an excellent way to begin planning your estate. Your family members can reference your will for guidance when they close your estate. This formal legal document provides you with a place to name beneficiaries and clarify your final wishes. If updated regularly, your will can facilitate the distribution of your assets to the people you love.…[...]
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If you have a family member who struggles with a disability, you could have a number of different issues to confront on a regular basis. From providing care to dealing with concerns about their future, these situations can generate stress, anxiety and uncertainty. It is essential to go over all of your options, especially when it comes to your estate…[...]
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Probate refers to the administration and distribution of a decedent’s estate. The will outlines who gets which assets, and there is a process by which this occurs. The person who administers the estate is the executor, and this individual has numerous duties to fulfill before the closing of the estate. When formal administration is not necessary According to Virginia’s Judicial…[...]
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Protecting those you love by planning your estate
Oct 24, 2022
According to the most recent polling data from Gallup, fewer than half of U.S. adults say that they have a will. As you might expect, age is a major factor in whether one is likely to have made a will. Survey participants who were over 65 were far more likely to have a will than young and middle-aged adults. Most…[...]
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There are many assumptions (based on common practice) about how an estate “should” be divided. For instance, it is very common for parents to leave most or all of their estate to their children, and to divide assets up in roughly equal measure among their kids. This works for many families, but there are plenty of reasons why you might…[...]
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Welcome To Our Blog
Aug 19, 2019
We established this blog to share stories and information about topics relevant to our practice. Our intent is to regularly provide posts highlighting legal issues of local, state and national interest that we think you will find interesting. Check back later for updates. [...]
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