Only a Quarter of Americans have a Will: Why Virginia Families Are Facing a “Quiet Inheritance Crisis”
Families at Risk: Only about 25% of Americans have a will today—an alarming drop from recent years. This means the […]
Estate Planning
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.
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
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
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
Why Virginia Seniors Shouldn’t Wait on Estate Planning
August 21 is World Senior Citizen Day—but for many older Virginians, it’s also a reminder of what’s still unfinished: a
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.
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.
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
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
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
Honoring Grandparents Day: A Meaningful Time to Protect Your Legacy
Grandparents Day isn’t just about cards, hugs, and extra dessert after dinner. It’s about celebrating the love, laughter, and life
Blended Families and Fatherhood: Estate Planning Tips for Stepdads and Second Marriages
The structure of today’s families is more diverse than ever before. Blended families — those formed when partners bring children from previous relationships into a new marriage — are increasingly common