When it comes to your estate plan, procrastination, outdated documents, forgetting end-of-life care, and tax implications can cost you (and your loved ones). If you think there’s always tomorrow to put together an estate plan, this could cost you and your loved ones in a big way. While many put off estate planning because they …
Including an Advance Medical Directive in your estate plan will ensure your loved ones enforce the medical care you do and do not want. Do your loved ones know what life-prolonging care you do or do not want in the event you are incapacitated and unable to communicate your wishes on your own? An estate …
Wills are not just for the elderly or wealthy; it’s a tool to protect everyday people. Learn about the structure of a will and why you need one. We hear it all the time–do I really need a will? The short answer is, yes, you need a will! We get it, this task is probably …
Plan Your Future Now: Understand the Importance of a Will Read More »
Learn the advantages and disadvantages between a last will and testament and a revocable living trust and which one might be right for you. We are faced with options day in and day out. Some are simple: Would you like cream and sugar with your coffee? Others are more complex, like what type of estate …
Revocable Living Trust vs. Last Will and Testament Read More »
Avoid the costly and time-consuming probate process by using the Transfer-on-Death Designation Most people want to avoid probate court, and for good reason! Anyone responsible for being an Executor during the probate process knows how time-consuming, grueling, and expensive it can be. The good news is probate can be avoided with proper planning and using …
The executor of your estate is responsible for distributing your assets, paying your debtors, and ensuring your beneficiaries receive their inheritance. Have you ever heard the Winston Churchill quote, “He who fails to plan, plans to fail?” Failing to plan for the right person or entity to be an executor of your will after your …
Should you DIY your own will and does it hold up in court? Here are answers to frequently asked questions and the pros and cons of holographic wills. Maybe you’re planning an international vacation and you want to make sure that in the event something happens to you or your spouse, your children will be …
There are a number of reasons a will could be considered invalid. Here’s how to identify and contest an invalid will in Virginia. One of the most important documents you will ever write is your last will and testament; yet many, to their own detriment, erroneously believe that they don’t need a will. These common …
