The Consequences of Dying Without a Will in Virginia
Dying without a will, legally known as dying “intestate,” can create significant and often unintended consequences. When this happens, you […]
Estate Planning
Why the Probate Process Takes So Long
The administration of a deceased loved one’s estate through the court system, known as probate, is often perceived as burdensome,
Navigating Inherited IRAs
When a loved one passes away and leaves behind a traditional IRA, it is natural to feel unsure about what
How Can I Ensure an Executor Can Access My Digital Assets?
Much of modern life now exists online, including email and social media accounts, online banking, subscriptions, electronic bills, photography and
Understanding the Key Differences Between a Last Will and Testament and Revocable Living Trusts
While both are essential estate planning tools, they serve distinct purposes and operate in significantly different ways. Learn more.
Is It Time to Review Your Beneficiary Designations?
A will or revocable trust may form the core of your estate plan, but for many people, a substantial amount
Breathe New Life Into a Trust by Decanting It
Building flexibility into your estate plan allows you to adapt to changing circumstances, evolving tax laws, and new family situations.
Comparing Inter Vivos and Testamentary Trusts
Creating and adhering to an estate plan is no simple task. Generally, the end goal of estate planning is to
Take Care of a Loved One Who has Special Needs With a Special Needs Trust
When creating or revising your estate plan, it’s important to take into account all of your loved ones. Because each
What is an Executor?
If you’ve ever heard someone say “my executor” and nodded along without knowing what that means—you’re not alone. An executor
Protecting Assets from Family Disputes Through Estate Planning
No amount of estate planning or legal protections can avoid all potential family disputes. But there are some clauses individuals can put in a trust or will that can help mitigate some disputes.
Probate: Simplifying the Estate Administration Process
The word “probate” can often spark concern, but with the right understanding and proactive planning, you can make estate administration
Estate Planning for Minor Beneficiaries in Virginia
Estate planning is crucial to ensure your minor beneficiaries are protected. Learn why and how to set up a revocable trust with Xue Connelly.
Losing an Inheritance Is Easy – Turn it into Lasting Wealth
In an insightful article, The New York Times says if you come into an inheritance, whether it’s a little or a lot, waiting to make a move is the best thing you can do. Estate planning attorneys Foster Friedman and Gretchyn Meinken say you shouldn’t make any decisions for a few months. Think through your options.
Addressing Your Elderly Parents in Your Estate Plan in 5 Steps
Typically, an estate plan includes accommodations for your spouse, children, grandchildren and even future generations. But some members of the